Elizabeth Warren: “Amazon paid zero in federal income taxes in 2018.”

“While you pay your fair share in taxes, these giant corporations are raking in record profits and often paying little or nothing in taxes. In 2018, Amazon paid zero in federal income taxes in 2018. Zero. Nothing. And they aren't the only ones. Since the 1950s, corporate profits as a share of the economy have nearly doubled, but their federal income tax has fallen by half.” (06:34–06:40)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.