Washington Post: Amazon Was the Only Tech Company Called Out

Income inequality has emerged as one of the top issues for Democrats in 2020, and few examples illustrate the uneven playing field in the U.S. more aptly than profitable companies avoiding paying corporate taxes. Amazon emerged as the symbol of that issue after the company received a federal tax rebate of $129 million on income of $10.8 billion last year, according to a report compiled by the Institute on Taxation and Economic Policy.

Amazon and Halliburton were among 60 Fortune 500 companies that did not pay income taxes last year, according to the same report. The companies on the list represented a diverse range of businesses, including airlines and car-makers. Other tech companies cited by the report include IBM, Netflix and Activision Blizzard. Read more