'For states contemplating tax incentives for Amazon, the salient question is: what do you give a tax avoider who already has everything?'.
According to CNN Money, Amazon founder and CEO Jeff Bezos is officially the richest person of all time.
Why wouldn’t he be, when his company made more than $5 billion in 2017 and didn’t pay a dime of federal income taxes?.
During the previous five years, Gardner asserted, Amazon paid a federal income tax rate of just 11.4 percent.
The Institute on Taxation and Economic Policy (ITEP) is a non-partisan think tank that works on state and federal tax policy issues.
As Quartz reported, Amazon initially received 238 bids from cities all over the United States, but narrowed the list down later on.
“For states contemplating tax incentives for Amazon, the salient question is: what do you give a tax avoider who already has everything?”. »