Bill McCoy (@billmccoy20.bsky.social)

“The company says it ran a $1.2 billion tax bill last year, down from $9 billion the previous year, and even as its profits jumped by 45 percent to nearly $90 billion.” This is equivalent to earning $90k a year and paying $50 per check in federal tax.

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Amazon's tax bill plunges after GOP tax cuts The 87 percent drop is largely due to a more generous depreciation break in the 'One Big Beautiful Bill Act.' https://www.politico.com/news/2026/02/06/amazon-emerges-a-big-winner-from-gop-tax-cuts-00768985

23 days ago