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I would absolutely expect that the total amount Amazon paid in property taxes in 2019 to be round-off error compared to their income, yes. Particularly because
by jellicle 7y ago
I would absolutely expect that the total amount Amazon paid in property taxes in 2019 to be round-off error compared to their income, yes. Particularly because local governments seem happy to reduce their property taxes to zero or even negative percentages, but even if that didn't happen.
$2.4 billion in subsidies for these taxes, says one accounting: https://www.nytimes.com/2019/03/03/technology/amazon-new-york-politics-jobs.html https://www.nytimes.com/2019/03/03/technology/amazon-new-yor...
A bunch of warehouses by the airports do not actually create any large property tax bill.