USA Today: Biden wants Amazon to ‘start paying their taxes’
media mentionAmazon’s position is that it pays what it owes according to the tax code.
A recent analysis by the liberal-leaning Institute on Taxation and Economic Policy said that, despite reporting $29 billion of U.S. income over the last three years, the company has reported a total of zero current federal income taxes over the same period.
“In fact, the company’s three-year federal tax total was negative – a rebate of $102 million!” the institute wrote. Read more