Trump Tax Breaks Slash Amazon’s 2025 Tax Bill as Profits Jump and 30,000 Jobs Are Cut
TL;DR Summary
A securities filing shows Amazon slashed its 2025 federal tax bill by 87% to roughly $1.2B as pretax US profits rose to $89.5B, even as the company cut about 30,000 jobs; advocates call it a windfall from the Republican tax cuts, while critics warn such breaks drain the federal budget.
- Trump-GOP Law Slashes Amazon's Tax Bill by 87% as Company Fires 30,000 Workers, Profits Soar Common Dreams
- Amazon's tax bill plunges after GOP tax cuts Politico
- Trump’s New Tax Law Saved Amazon Billions The Wall Street Journal
- Four Big Tech Companies Avoid $51 Billion in Taxes in Wake of One Big Beautiful Bill Act Institute on Taxation and Economic Policy
- Roundup: Amazon’s tax bill / AI spending surge / Cheniere Energy Baton Rouge Business Report
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