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Comment by Twirrim

Hmm.. the chart at the bottom puts things in an interesting perspective. Amazon has been paying federal taxes fairly regularly. It's just the last two years that it has had negative effective tax rate. There's probably a bunch to dig in to there to understand why, exactly.

The way that article reads, it seems like at least for the last year it's entirely due to the tax cut legislation congress passed last year. Essentially the legislation did exactly what it was designed to do. Amazon hasn't really done anything dodgy there.

This article really just emphasises the need to hold congress accountable for their actions.

parent Twirrim 7 years ago

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