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.
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