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Link: https://splinternews.com/amazon-made-5-6-billion-in-profits-last-year-and-repor-1823329221
Jeff Bezos is the richest person in the world, with a personal net worth of $108 billion. In 2017, Bezos’ company, the internet retail giant Amazon, reportedly took in $5.6 billion in U.S. profits.
Amazon is projecting a $789 million windfall from Republicans’ tax bill.
Amazon’s global headquarters is in thenation of Luxembourg. The European Union has accused Luxembourg of giving illegal tax breaks to Amazon and has ordered the country to recover $295 million in back taxes from Amazon.