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Stunning Report Details How Mighty Amazon Pays No Income Tax

Stunning Report Details How Mighty Amazon Pays No Income Tax

Remarkably, Amazon pays no income tax even though it reported $232.087 billion in revenues for 2018. Furthermore, Amazon had $41.25 billion in the bank at the end of last year. However, Amazon will pay no federal income taxes for 2018, the Institute on Taxation and Economic Policy reports. Amazon will instead receive $129 million in ...

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