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-   -   Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018 (https://gfy.com/showthread.php?t=1309381)

blackmonsters 02-16-2019 03:37 PM

Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
 
https://i.ytimg.com/vi/lZ_DyimkS54/hqdefault.jpg


While some people have received some surprise tax bills when filing their returns, corporations continue to avoid paying tax — thanks to a cocktail of tax credits, loopholes, and exemptions.

According to a report from the Institute on Taxation and Economic Policy (ITEP), Amazon (AMZN) will pay nothing in federal income taxes for the second year in a row.


https://www.yahoo.com/finance/news/a...180337770.html


:2 cents:

King Mark 02-16-2019 03:38 PM

I mean... if you could do it too, wouldn't you?

blackmonsters 02-16-2019 03:41 PM

Quote:

Originally Posted by Dead Eye (Post 22417384)
I mean... if you could do it too, wouldn't you?

I ain't hating.

But why he whine for $3Billion tax break to locate to NY?

Bladewire 02-16-2019 03:44 PM

Quote:

Originally Posted by blackmonsters (Post 22417388)
I ain't hating.

But why he whine for $3Billion tax break to locate to NY?

So he can continue not paying taxes :1orglaugh

blackmonsters 02-16-2019 03:50 PM

Quote:

Originally Posted by Bladewire (Post 22417390)
So he can continue not paying taxes :1orglaugh

Yeah, I know but whining is BS.

:1orglaugh

Vendzilla 02-16-2019 05:49 PM

Quote:

Originally Posted by blackmonsters (Post 22417388)
I ain't hating.

But why he whine for $3Billion tax break to locate to NY?

I just think he didn't want to work with a hostile political environment

RycEric 02-16-2019 07:30 PM

https://www.washingtonpost.com/busin...=.814dfb01b668

https://images.indianexpress.com/201...ichai-7592.jpg

Paul Markham 02-18-2019 01:35 AM

Corporation tax is no longer fit for purpose. https://www.google.com/search?hl=cs-...iz.G2gksMv7kb0

pimpmaster9000 02-18-2019 01:48 AM

its so democratic and free to have wealth concentrated to just a few people :thumbsup

incredibleworkethic 02-18-2019 09:16 AM

Why wouldn't you reduce costs and or expenses :).

crockett 02-18-2019 09:35 AM

It's nice I pay more fucking taxes than Amazon.. Thanks Trump..


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