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re: Amazon Pays No Federal Taxes for Second Year Straight
Posted on 2/15/19 at 4:51 pm to Ebbandflow
Posted on 2/15/19 at 4:51 pm to Ebbandflow
So, proof Trump tax cuts aren’t the reason...
2
Posted on 2/15/19 at 4:52 pm to Dawgfanman
quote:
So, proof Trump tax cuts aren’t the reason...
Yeah. If Ebb thinks this is related to Trump, he's even dumber than he's letting on!!!
Posted on 2/15/19 at 5:05 pm to Balloon Huffer
I would like Amazon to pay the same tax rate as startups desiring to compete with them.
God-awful management of our federal tax dollars aside, I want everyone to have to play by the same rules. These “loopholes” are only available to the companies able to pay entire divisions to accountants to locate and exploit them. It’s just one more thing making it extremely difficult for startups to operate in the modern economy. One of the several reasons entrepreneurship and self employment are on a steady downward spiral.
I don’t blame amazon at all for exploiting this tax environment. But it’s not an environment I want us to continue.
God-awful management of our federal tax dollars aside, I want everyone to have to play by the same rules. These “loopholes” are only available to the companies able to pay entire divisions to accountants to locate and exploit them. It’s just one more thing making it extremely difficult for startups to operate in the modern economy. One of the several reasons entrepreneurship and self employment are on a steady downward spiral.
I don’t blame amazon at all for exploiting this tax environment. But it’s not an environment I want us to continue.
Posted on 2/15/19 at 5:07 pm to funnystuff
quote:Fantasy.
These “loopholes” are only available to the companies able to pay entire divisions to accountants to locate and exploit them.
Nothing Amazon did is remotely secret to even a reasonably competent accountant. I'm talkin, you're typical guy with a shingle and several years of experience doing business taxes would be aware of them.
Posted on 2/15/19 at 5:15 pm to Ebbandflow
Don’t worry, guys. I’m sure giving Bezos more wealth will trickle down to everybody and help make our economy more robust.
Posted on 2/15/19 at 5:20 pm to Ebbandflow
Watch it, I've learn that people on this board don't like it when you speak out against Amazon.
Muh Prime! Muh put more money in Bezos pockets!
Muh Prime! Muh put more money in Bezos pockets!
Posted on 2/15/19 at 5:26 pm to Ebbandflow
Ebb is right. We should get rid of income tax so every person is treated fairly.
Posted on 2/15/19 at 5:29 pm to Ebbandflow
quote:
Amazon Pays No Federal Taxes for Second Year Straight
quote:
ITEP notes that its non-existent federal tax payment is a result of the Trump Administration’s corporation-friendly tax cuts.
Man those tax cuts traveled back in time to cover a year before they were enacted? Wow - that is incredible.
Such a hack.
Posted on 2/15/19 at 5:31 pm to funnystuff
quote:They do!
I would like Amazon to pay the same tax rate as startups desiring to compete with them.
quote:Which loopholed? List them. Cite some examples.
These “loopholes” are only available to the companies able to pay entire divisions to accountants to locate and exploit them.
quote:This is backwards. Current tax law, while still far too complex, is WAY simpler than it was previous to the 1980s.
It’s just one more thing making it extremely difficult for startups to operate in the modern economy.
Posted on 2/15/19 at 5:32 pm to Bench McElroy
quote:
Don’t worry, guys. I’m sure giving Bezos more wealth will trickle down to everybody and help make our economy more robust.
Yeah. Amazon only has 613,000 employees.
Surely, at some point, something Bezos earned will be passed on to somebody.
You fricking economic tard
Posted on 2/15/19 at 5:34 pm to Taxing Authority
quote:
Which loopholed? List them. Cite some examples.
There are some things which liberals simply have regurgitated for as many as 5-10 decades.
LOOPHOLES LOOPHOLES blah blah blah.
A loophole is simply a tax law you don't like. Of course, that mortgage interest loophole...….EIC loophole...……..education tax credit loophole...……...all GOOD!!!
Posted on 2/15/19 at 5:35 pm to Ebbandflow
quote:
Are we still okay with these kinds of corporate tax cuts?
Yep.
Posted on 2/15/19 at 5:36 pm to Bench McElroy
quote:Who is “giving” Besos wealth?
I’m sure giving Bezos more wealth will trickle down to everybody and help make our economy more robust.
Posted on 2/15/19 at 5:38 pm to GeauxxxTigers23
quote:Liberal logic.
Who is “giving” Besos wealth?
They WANTED to steal it from him. Weren't allowed to. = gave him money
Posted on 2/15/19 at 5:38 pm to Ebbandflow
quote:
its non-existent federal tax payment is a result of the Trump Administration’s corporation-friendly tax cuts.
quote:
for Second Year Straight
You people don't even realize how goddamned stupid you are.
You think Trump's tax cuts kept them from paying taxes before those cuts were even enacted? All of the left are fricking imbeciles.
Posted on 2/15/19 at 5:40 pm to Evolved Simian
quote:Well. That, and the fact that the Amazon result had nothing to do with the rate they would have had to pay
You think Trump's tax cuts kept them from paying taxes before those cuts were even enacted? All of the left are fricking imbeciles.
Posted on 2/15/19 at 5:46 pm to Ebbandflow
quote:
Are we still okay with these kinds of corporate tax cuts?
The loopholes need to disappear. I don't have a problem with the tax rate being lowered.
You have no leg to stand on. You are a hypocrite , you think it's OK for people to use standard deductions , child tax credits and Earned Income Credits to avoid paying Federal Income Taxes and even "getting paid" by having zero tax liability and getting a check for child tax credits and Earned Income Credit.
We need to get rid of ALL LOOPHOLES !
Stop being a frickING HYPOCRITE !
Posted on 2/15/19 at 5:47 pm to ShortyRob
quote:
Corporate taxes are regressive.
Learn to read a financial statement.
"after reportedly paying a federal rate of more than 11 percent between 2011 and 2016, according to The Week."
Yeah it's not like they've ever had to pay taxes before. I don't care that you think it shouldn't happen. I'm telling you that it should and it was happening and now it's not happening and you're acting like that's the way that it's always been.
If a corporation can be treated as a legal entity in liability situations than surely it can also be treated as an entity is a taxable situation.
Posted on 2/15/19 at 5:49 pm to Balloon Huffer
quote:
So, you would rather amazon pay millions in taxes, have our inefficient government WASTE that money on studies and surveys, or worse -- and then have amazon raise the prices on its goods to make up for the tax losses?
A corporation is a legal entity. It is recognized as a person. It should be taxed like one. None of the other nonsense you keep spewing should matter at all and I doubt Amazon would need to raise prices but even if they would it might help keep small businesses alive so STFU you dumbass
Posted on 2/15/19 at 5:50 pm to HailHailtoMichigan!
quote:
Recent studies find that labor bears about 70% of corporate tax burden through decreased wages
quote:
Corporations do not pay taxes
Shareholders and labor do
That it sounds like we need to fix this. Corporation is considered a legal person by the United States government. It should pay taxes like one like everyone else does. And if it ends up causing the prices of goods to be raised, then small business have a chance to beat Amazon.
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