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re: IRS Billionaire leak: Bezos paid $0 in income tax, got a $4k tax credit for his two kids

Posted on 6/9/21 at 8:42 am to
Posted by go ta hell ole miss
Member since Jan 2007
13686 posts
Posted on 6/9/21 at 8:42 am to
quote:

I have 4 kids. Either he needs to be in jail, or I need to fire my accountant.


The tax credit is $2000 per child under 17. It is perfectly legitimate for him to use it. If you are not getting that child tax credits and have four children then you most definitely need to fire your accountant. That’s one of the most basic tax credits available. Probably THE most basic credit.

He also employees many, many people and his business generates massive tax revenue.
Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 6/9/21 at 8:46 am to

Interesting cartoon, just wondering the justification, is it simply "know your audience", sell what sells.

Posted by Mo Jeaux
Member since Aug 2008
59497 posts
Posted on 6/9/21 at 8:49 am to
quote:

The tax credit is $2000 per child under 17. It is perfectly legitimate for him to use it. If you are not getting that child tax credits and have four children then you most definitely need to fire your accountant. That’s one of the most basic tax credits available. Probably THE most basic credit.



You can phase out of the child tax credit. But hey, MoSt OF MuH BEZOS's MOlAh is IN ShARes of MuH AMAZON, so he ShoUld bee ABuL to USe it.
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