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"Conversations of Consequence"
by Ruth Westreich
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Is Big Tech too Big to Fail?
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Title
Is Big Tech too Big to Fail?
Description
IN 2018, Amazon paid $0 in United States federal income tax on more than $11 billion in profits before taxes. It also received a $129 million tax rebate from the federal government. Amazon has a long-history of tax management. It paid 1.2% in federal income tax in 2017– a three-year high for the company. The corporation, which is headquartered in Seattle, funneled $1.5m into the
local city council elections by way of the Seattle Metropolitan Chamber of Commerce’s political action committee.
Creator
Ruth Westreich
Collection
Conversations of Consequence
Citation
Ruth Westreich, “Is Big Tech too Big to Fail?,”
Conversations of Consequence by Ruth Westreich
, accessed April 24, 2024,
https://biblio.csusm.edu/context-library-series/westreich/document/219
.