These companies pay no federal income tax in part because they can write off certain expenditures, including capital investments. "We’ve paid $2.6B in corporate taxes since 2016," the Amazon Twitter account responded. The government has designed corporate tax law to encourage businesses of all sizes to invest in the U.S. economy to drive growth and create jobs." "Giant tech companies have too much power," Warren wrote, embedding a clip of her remarks at the town hall. In addition to Amazon, Warren previously said she wanted to break up Google, Facebook, and Apple.

Source: Fox News June 14, 2019 00:45 UTC