Trump-GOP Law Slashes Amazon Tax Bill As Company Fires Workers
The tax law enacted by congressional Republicans and President Donald Trump has significantly benefited Amazon, dramatically reducing its 2025 tax bill even as profits soared and significant layoffs occurred. Amazon’s current U.S. taxes decreased to $1.2 billion from $9 billion, while pretax U.S. profits rose by 44.5% to $89.5 billion, a reduction largely attributed to corporate-friendly depreciation tax breaks. This windfall for corporations like Amazon comes as other tax benefits were cut, potentially exacerbating the medical debt crisis and favoring dominant firms over vulnerable populations.
John Q. Hosedrinker