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Amazon’s Tax Bill Collapses by 87%: How the Tech Giant Slashed Its Federal Tab to Just $1.8 Billion

Amazon’s Tax Bill Collapses by 87%: How the Tech Giant Slashed Its Federal Tab to Just $1.8 Billion

Amazon's federal income tax bill plunged 87% in 2024, dropping from $13.9 billion to just $1.8 billion through R&D credits, accelerated depreciation, and stock compensation deductions, reigniting fierce debate over corporate tax fairness and reform.

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