Saturday, February 07, 2026

Amazon's tax bill plunges after GOP tax cuts

Republicans' tax cuts shaved billions off Amazon's tax bill, new government filings show. 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.

Posted by LampLighter at 07:50 PM | 6 COMMENTS | permalink

Comments

More from the article ...

... That's largely because of the generous new depreciation breaks GOP lawmakers included in their One Big Beautiful Bill, something that's particularly important to Amazon which -- in addition to maintaining a vast infrastructure for its ubiquitous delivery business -- has been spending billions to build out artificial intelligence data centers. ...


#1 | Posted by LampLighter at 2026-02-07 07:52 PM

So, Mr Bezos' sucking up to Pres Trump seems to have had its benefits.


#2 | Posted by LampLighter at 2026-02-07 07:53 PM

"Amazon's tax bill plunges after GOP tax cuts"

Which means Bezos will reduce prices and give employees a raise! Right? Right?

#3 | Posted by censored at 2026-02-07 08:10 PM

Your Oligarch-Owned Government in Action!

And all it took was sticking it to most Americans... and that's only just started.

(oh, and murdering half a million people, mostly children, mostly by starvation)

Trumpers SO Proud!

#4 | Posted by Corky at 2026-02-07 08:10 PM

Washington Post chief executive steps down after mass lay-offs

www.bbc.com

#5 | Posted by reinheitsgebot at 2026-02-07 08:20 PM

@#4 ... Your Oligarch-Owned Government in Action! ...

Yup.

Billionaires are gonna want tax cuts for billionaires.

Regardless of the cost to Americans.


#6 | Posted by LampLighter at 2026-02-07 08:20 PM

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