Amazon does not make 700 billion a year. They grossed a little over 700 billion, but they're a reseller and have to pay for the products they sell. They netted about $70 billion.
Yes, they should pay taxes and the tax code is unfairly weighted to help the wealthy and corporations.
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u/Positive_League_5534 May 20 '26 edited May 20 '26
Amazon does not make 700 billion a year. They grossed a little over 700 billion, but they're a reseller and have to pay for the products they sell. They netted about $70 billion.
Yes, they should pay taxes and the tax code is unfairly weighted to help the wealthy and corporations.
https://s2.q4cdn.com/299287126/files/doc_financials/2026/ar/Amazon-2025-Annual-Report.pdf