“The tax law that congressional Republicans and US President Donald Trump enacted last summer has proved to be a massive boon for Amazon, slashing the corporate behemoth’s 2025 tax bill even as its profits surged and it moved ahead with mass layoffs that have cost 30,000 workers their jobs since October.

“Citing a new securities filing, the Wall Street Journal reported Friday that Amazon’s “current US taxes, an accounting measure of taxes incurred last year, declined to $1.2 billion from $9 billion” while the company’s “pretax US profit increased by 44.5%, to $89.5 billion. On a cash basis, the company paid $2.8 billion in federal income taxes last year after paying more than $7 billion in each of the prior two years.””

    • nova_ad_vitum@lemmy.ca
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      8 hours ago

      Their bunkers plans are mostly insane. Zuck has a bunker designed for him and like 100 staff. I don’t think he understands how the power dynamics are going to change once civilization ends and his money isn’t worth anything.

      • archonet@lemy.lol
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        22 hours ago

        And all bunkers have an entrance. Entrances that can be sealed with concrete and rebar, to turn bunkers into tombs.

          • archonet@lemy.lol
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            13 hours ago

            Oh, I imagine they have supplies to last a year.

            I say open them after 100y, make it a fun time capsule, then turn them into museums – “this is where we buried alive the biggest leeches in society after they constructed the most lavish palatial bunkers to hide in during a time of global turmoil!”