
1218: Eggsistenial
Amazon Federal Income Tax, R&D Credits and Corporate Profits
Politicians frequently criticize Amazon for paying zero federal income tax despite billions in profit. This financial outcome is attributed to the company plowing profits back into research and development, which is a deductible cost under U.S. tax law. These investments funded the creation of Alexa, Ring doorbells, and Amazon Web Services, which now powers a significant portion of the internet.



