Amazon's tax bill plunges after GOP tax cuts

Saturday, February 07, 2026

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 | Comment on This Entry |

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... 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 | Reply

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 | Reply

"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 | Reply

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 | Reply

Washington Post chief executive steps down after mass lay-offs