April 27, 2021

CNN: Elizabeth Warren: US taxes are rigged in favor of Amazon, Netflix and other big companies

New York (CNN Business) Senator Elizabeth Warren is making her case for why America's tax system is rigged by calling out Amazon, Netflix and other companies that pay little or nothing in federal income taxes.

"Congress didn't wake up one morning and say, 'Let's punch enough holes in the tax code so that Amazon and Netflix can earn billions and pay nothing,'" Warren told CNN Business on Tuesday after chairing her first Senate finance subcommittee hearing.

"Those giant corporations have invested millions of dollars lobbying Congress to build those tax loopholes so that they can then save hundreds of millions of dollars in taxes," the Democrat from Massachusetts said.


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By:  Matt Egan
Source: CNN