Sen. Elizabeth Warren (D-Mass.) criticized the enormous tax break of $7.8 billion that Amazon.com Inc. (NASDAQ:AMZN) and its founder, Jeff Bezos, received last year under the new tax law implemented by President Donald Trump.
According to Warren’s post on X on Wednesday, the tax relief Amazon enjoyed in 2025 is equivalent to the median U.S. household income for 100,000 years, approximately $78,000.
Warren used various comparisons to emphasize her point. She stated that the tax relief given to Amazon was four times the revenue generated by Taylor Swift‘s Eras Tour, the highest-grossing tour of all time, which made $2 billion. She further compared Amazon’s tax break to the earnings of celebrities like Kim Kardashian, basketball player LeBron James, and even the average S&P 500 CEO. According to Warren, despite their massive earnings, these celebrities make far less than the tax incentives being offered to Bezos and other billionaires.
The Senator’s post highlights her ongoing criticism of corporate tax breaks, emphasizing the need for a country that prioritizes people over corporations. She said Trump took the taxpayers’ money that should have been used to lower healthcare costs and handed it over to Bezos.
“Amazon and Jeff Bezos are getting the sweetest deal of all, thanks to Donald Trump,” Warren said.
Amazon Tax Bill Sparks Debate
Warren’s criticism comes as Amazon’s 10-K filing, earlier this month, showed that Republican tax cuts significantly reduced its tax bill from $9 billion in 2024 to $1.2 billion last year, even as profits rose.
The drop was largely driven by new depreciation breaks and expanded R&D incentives, Amazon later stated, referring to these elements as “changes by Congress.” The company also said that it invested an estimated $340 billion in the U.S. in 2025.
Previously, a report by Oxfam suggested that the Republican tax bill could exacerbate wealth inequality in the U.S. The report argues that the legislation would disproportionately benefit the affluent. The analysis found that a 3% tax on wealth above $1 billion could generate $50 billion from the 10 richest Americans—enough to fund a year of food aid for 22.5 million people.
Sen. Bernie Sanders (I-VT) has also repeatedly criticized America’s richest for not “paying their fair share” of taxes. In an X post on Wednesday, Sanders accused the billionaire class of targeting working families and criticized ads opposing a 5% tax on fortunes above $50 million, urging the wealthy to pay their fair share instead.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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