- The Washington Times - Friday, June 14, 2019

Amazon fired back at Joseph R. Biden on Twitter after the Democratic presidential front-runner criticized the company for not paying federal taxes in 2018.

“I have nothing against Amazon, but no company pulling in billions of dollars of profits should pay a lower tax rate than firefighters and teachers,” the former vice president tweeted Thursday. “We need to reward work, not just wealth.”

Mr. Biden cited a New York Times article that said Amazon had an effective tax rate of below zero in 2018, due, in part, to President Trump’s 2017 corporate tax bill.

Amazon fired back in a tweet Thursday evening, saying it paid the IRS “every penny” and has used tax incentives to reinvest in the economy.

“We’ve paid $2.6B in corporate taxes since 2016,” the company wrote. “We pay every penny we owe. Congress designed tax laws to encourage companies to reinvest in the American economy. We have. $200B in investments since 2011 & 300K US jobs. Assume VP Biden’s complaint is w/ the tax code, not Amazon.”

Mr. Biden did not respond to Amazon’s tweet.

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