For the 2018 tax year, Amazon and Netflix paid $0 in U.S. taxes because of the Republican tax law passed in 2017. They did, however, pay foreign taxes. Both companies had astronomical profits last year. Netflix didn't even pay state taxes. https://itep.org/fear-not-facts-netflix-misleads-media-reporting-on-corporate-tax-avoidance/ https://finance.yahoo.com/news/amazon-taxes-zero-180337770.html
I have been hearing stories from people who have done their taxes already and some/most are saying that their returns are smaller than expected. So, average person gets smaller return, giant corporation pays nothing. National debt passes 22 trillion. https://www.npr.org/2019/02/16/695420251/u-s-national-debt-passes-22-trillion https://www.cnbc.com/2018/10/16/trumps-tax-cut-didnt-reduce-the-deficit--despite-his-many-promises.html
Most individuals are paying a little less in taxes. The federal government intentionally made withholdings smaller to make people believe that they were keeping more of their money than they actually were. So, returns are smaller. Some are even owing when they've never owed before, but it's not because their taxes went up. Overall, corporations are getting more out of this Tax Cuts and Jobs Act. The CBO has concluded that it hasn't led to more hiring.
https://www.cnbc.com/2019/02/19/i-owe-how-much-americans-are-shocked-by-the-impact-of-trumps-tax-law.html
