Trump-GOP Law Slashes Amazon's Tax Bill by 87% as Company Fires 30,000 Workers, Profits Soar | Common Dreams
www.commondreams.org
"Congress made a choice: cut assistance for the most vulnerable to double down on a tax code already favoring dominant firms," said one progressive think tank.

“The tax law that congressional Republicans and US President Donald Trump enacted last summer has proved to be a massive boon for Amazon, slashing the corporate behemoth’s 2025 tax bill even as its profits surged and it moved ahead with mass layoffs that have cost 30,000 workers their jobs since October.

“Citing a new securities filing, the Wall Street Journal reported Friday that Amazon’s “current US taxes, an accounting measure of taxes incurred last year, declined to $1.2 billion from $9 billion” while the company’s “pretax US profit increased by 44.5%, to $89.5 billion. On a cash basis, the company paid $2.8 billion in federal income taxes last year after paying more than $7 billion in each of the prior two years.””

  • itistime@infosec.pub
    1·
    11 hours ago

    their families all held hostage in the bunker as well

    Now, someone is starting to think like evil.

    Better yet would be some cooperation between remote bunkers, where family for workers of bunker A are held far away in bunker B, and vice versa.

    • archonet@lemy.lolEnglish
      1·
      11 hours ago

      that would probably work better, but if the infrastructure for communication between bunkers exists in the bunkers, and 95% of the people located in bunker A and bunker B want to escape and kill asshole billionaire A and asshole billionaire B, all they have to do is coordinate a simultaneous attack using that same communication infrastructure. If the order to “get ready to kill xyz prisoner’s family” can be communicated, so can “get ready to kill Bezos”.

      • itistime@infosec.pub
        1·
        11 hours ago

        It would work out to be a bit of mutually assured murder of their families.

        Thugs A and B are never allowed to know each other.

        If thug A decides to kill oligarch A, and then travel a long distance to aid thug B in killing oligarch B, then they could likely fail, because oligarchs A & B worked out a means to communicate their proof of life to each other. Many ways to do that, including dedicated messengers. If oligarch B hasn’t received a timely proof of life, then they murder thug A’s family and tell thug B that their family is in danger from outsiders overtaking bunker A. Thug B will likely travel to bunker A.

        The thugs would have to collude. A major goal of the oligarchs will be placing many obstacles against collusion.