Amazon has secured $670 million in tax breaks this year, watchdog says
CBSN
Amazon is entering the holiday season having reaped more than $600 million in state and local government tax breaks, according to a tally from a watchdog group.
Even before 2021 is over, the year has been the second-highest for tax subsidies for the ecommerce giant, with a total of $669 million in tax abatements, rebates and workforce development funds notched as of last month. That figure is according to Good Jobs First, a nonprofit that opposes corporate subsidies. The group has tracked Amazon's subsidies since 2000, during which time Jeff Bezos' company has acquired $4.1 billion in tax breaks.
Most of those incentives have gone toward building out Amazon's network of distribution centers around the country.
Another American who was arrested in the Turks and Caicos Islands for possessing ammunition was sentenced to time served and a $9,000 fine on Tuesday, local media reported. Tyler Wenrich was facing a potential mandatory minimum sentence of 12 years in prison for ammunition charges in the British territory.