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Chronicles

The story behind the story

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Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill

Politico Brian Faler

Discussion

  • @pat_hedger Patrick Hedger on x
    Because they reinvest a tremendous amount of money in building new things in America. All of these headlines about how “little” corporations pay in taxes are just about reinvestment in new capital and R&D. Do we not want those things?
  • @repcasar Congressman Greg Casar on bluesky
    Three numbers every American should know today.  —  Bezos paid Trump $40 million for the ‘Melania’ documentary.  —  Now, Bezos saves $8 billion because of Trump's corporate tax cuts.  —  While 17 million Americans lose health care.  —  Corruption, plain and simple.
  • @bgrueskin Bill Grueskin on bluesky
    In related news about the Washington Post and the state of journalism today, Amazon “ran a $1.2 billion tax bill last year, down from $9 billion the previous year, even as its profits jumped by 45% to nearly $90 billion.”  —  That's in the wake of the 2025 tax bill  —  www.politi…
  • @carlquintanilla Carl Quintanilla on bluesky
    “.. The company did not pay the corporate alternative minimum tax, and has never reported paying the levy, though Democrats created it in hopes of forcing companies like Amazon to pay more.”  —  @politico.com $AMZN  —  www.politico.com/news/2026/02...  [image]
  • @laurenmeidasa Lauren Ashley Davis on bluesky
    Republicans' tax cuts shaved billions off Amazon's tax bill, new government filings show.  —  That's largely because of the generous new depreciation breaks GOP lawmakers included in their One Big Beautiful Bill.  —  www.politico.com/news/2026/02...
  • r/politics r on reddit
    Amazon's tax bill plunges after GOP tax cuts
  • @gdad1x7 @gdad1x7 on bluesky
    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.’  —  “Buying republicans was the best investment I ever made!” crows Jeff Bezos.  —  www.politico.com/news/2026/02...
  • @blue-is-better @blue-is-better on bluesky
    This is how Republicans literally buy votes and donations.  Republicans have stopped taking care of the poor and disadvantaged.  They use those monies to give huge handouts to the big Corporations and the wealthy.  —  www.politico.com/news/2026/02...
  • @wajali Wajahat Ali on bluesky
    Billionaires are not your friends.  —  They never will be.  —  Never ever.  —  www.politico.com/news/2026/02...