- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Crazy Bernie Educating us About Capitalism
Posted on 5/23/18 at 3:13 pm to Mike Honcho
Posted on 5/23/18 at 3:13 pm to Mike Honcho
quote:
Did you mean to say that Amazon pays no federal taxes? Do you have a link for that?
Correct, in 2017 Amazon paid ZERO federal income tax on profits of $8.2B
LINK /
Now, that's all legal mind you, but that isn't right. Capitalism be damned.
Posted on 5/24/18 at 5:05 pm to HeyHeyHogsAllTheWay
quote:
Now, that's all legal mind you, but that isn't right.
They paid the income out as a bonus.
If my company makes $100. And the decides to pay me that $100 in a type of compensation... how much profit is there for federal taxation on my company?
Compensation isn't "capitalism be damned".
The Atlanta Braves were purchased with a stock option swap to save on taxes. You make it sound so devious. Compensation is compensation. And it offsets income on the books.
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)