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TSmith34, Inc.

https://finance.yahoo.com/news/amazon-meta-and-alphabet-report-plunging-tax-bills-thanks-to-ai-investment-and-new-rules-in-washington-161229652.html

"So far this year, Amazon (AMZN), Meta Platforms (META), and Alphabet (GOOG) have filed annual reports to the government — and all reported significant drops in what they expect to pay in US federal income taxes.

Amazon's tax bill dropped from about $9 billion in 2024 to $1.2 billion in 2025. Likewise, Meta reported a year-over-year drop from about $9.6 billion in 2024 to $2.8 billion in 2025.

The annual report from Alphabet, meanwhile, reported a tally that combined US federal and state tax totals and showed a drop from about $21.1 billion in 2024 to $13.8 billion in 2025.

These dropping tax bills for 2025 also came as all three companies report profits are on the rise.

Amazon's domestic profits jumped to nearly $90 billion in 2025 — an over 40% increase from 2024. Alphabet's domestic profits jumped over 32% to $143.6 billion, while Meta came in at $79.6 billion, a 20% jump."
If you think for one second that I am comparing the USA to China you have bumped your hard.

rocky_warrior

Quote from: TSmith34, Inc. on Today at 02:18:39 PMThese dropping tax bills for 2025 also came as all three companies report profits are on the rise.

In the investing thread...this would seem to be good news.

TSmith34, Inc.

Quote from: rocky_warrior on Today at 02:20:21 PMIn the investing thread...this would seem to be good news.

That's exactly right. For those of us that own 93% of stocks, great news. For the US more broadly, more of the same that got us where we are.
If you think for one second that I am comparing the USA to China you have bumped your hard.

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