Amazon Will Pay $0 in Federal Income Taxes for 2nd Year in a Row with Profits Doubled

$11.2 billion in profits, no federal taxes, billions in state and local incentives to open new headquarter complexes – what’s wrong with this picture?

(From The Daily Caller)

Amazon’s corporate tax filings reveal a federal income tax rebate of $129 million, or negative one percent because of unspecified tax credits and a tax break, according to a report from the Institute on Taxation and Economic Policy.