Biden blasts Amazon for not paying federal taxes, promises to 'put an end to that' - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Thursday, 1 April 2021

Biden blasts Amazon for not paying federal taxes, promises to 'put an end to that'


During an address in Pittsburgh, Pennsylvania, yesterday, Biden mentioned Amazon twice when unveiling his infrastructure spending plan, which increases the corporate tax rate to 28% from 21%. It also closes a popular loophole in the tax code that allows companies to move profits overseas.

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