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re: Amazon Pays No Federal Taxes for Second Year Straight

Posted on 2/15/19 at 4:40 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 2/15/19 at 4:40 pm to
quote:

Corporate taxes are regressive.

Learn to read a financial statement.

Your repeated ignorance on this subject is tiresome because I'll give you the more legit title.

Amazon's CUSTOMERS pay no Federal Taxes for the second straight year.

Dumb arse.

Can you please explain this?
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/15/19 at 4:48 pm to
quote:

Can you please explain this?
Why yes.

Taxes are a cost of doing business just like any other.

Liberals seem to realize that if a company's rent doubles, this will affect prices, but somehow do not recognize that taxes work the same way.

Hence, even if one could argue that not ever dollar of taxes is passed on to the customer, it's indisputable that they largely are.

So. With that in mind, let's talk about what that means in terms of progressivity.

It means that the tax is absolutely flat in that, just like labor costs are spread out across a company's pricing structure, so to are any and all other costs.

So. It's an absolutely flat tax with ZERO exemptions. Hell. Even most proponents of a flat tax support exemptions on staple goods!!
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