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Message

re: Amazon Pays No Federal Taxes for Second Year Straight

Posted on 2/15/19 at 6:27 pm to
Posted by BBONDS25
Member since Mar 2008
48282 posts
Posted on 2/15/19 at 6:27 pm to
Not sure what trump position you are referring to, but if he thinks letting earners keep more of their own money is a reward...Yep, I disagree. Next question.
This post was edited on 2/15/19 at 6:29 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
57160 posts
Posted on 2/15/19 at 6:27 pm to
quote:

you would think MACRS was Macy’s misspelled,
Posted by Taxing Authority
Houston
Member since Feb 2010
57160 posts
Posted on 2/15/19 at 6:29 pm to
quote:

he wouldn't understand their 10K if his life depended on it.
Hed probably think gets a long run! Literally too ignorant to argue with. Classic Dunning Krueger example. He’s soooo sure he’s right.
Posted by Taxing Authority
Houston
Member since Feb 2010
57160 posts
Posted on 2/15/19 at 6:31 pm to
quote:

Do you think a company like this should be rewarded with 14 more percent off?
A company like what? Every corporation in the country got the same deal. Why shouldn’t Amazon? What did they do wrong?

And how is keeping money you earned a “reward”? WTF is wrong with you?
This post was edited on 2/15/19 at 6:32 pm
Posted by bowlbound
Member since Oct 2017
629 posts
Posted on 2/15/19 at 6:32 pm to
Sounds like good accounting to me.

Considering they are continually hiring thousands of employees, I'm very ok with this.
Posted by Taxing Authority
Houston
Member since Feb 2010
57160 posts
Posted on 2/15/19 at 6:34 pm to
quote:

Wait. Not taxing someone more is giving them a reward? My gosh. You literally think backwards.
But it’s his money!! He deserves it!
Posted by doubleb
Baton Rouge
Member since Aug 2006
36003 posts
Posted on 2/15/19 at 6:34 pm to
2017 was prior to Trump's tax changes too effect, right?
So why is Trump responsible?

And in 2018 Amazon got a rebate. A rebate means they over paid right?
So how much did they pay?
Posted by BBONDS25
Member since Mar 2008
48282 posts
Posted on 2/15/19 at 6:37 pm to
It’s unreal. Completely backwards thinking.
Posted by Ebbandflow
Member since Aug 2010
13457 posts
Posted on 2/15/19 at 6:39 pm to
quote:


Perhaps he doesn't like their approach but what's that got to do with the tax rate or are you just deflecting now that you realize your mistake



Well I started this thread to make a point. I will admit to not knowing much about corporate tax code and I will defer to you on that but that wasn't the point of the thread.

Trump Criticizes Amazon
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73432 posts
Posted on 2/15/19 at 6:40 pm to
Make a point!
Posted by BBONDS25
Member since Mar 2008
48282 posts
Posted on 2/15/19 at 6:41 pm to
quote:

will admit to not knowing much about corporate tax code


No shite

quote:

Wasn’t the point of the thread


What is the point?
This post was edited on 2/15/19 at 6:43 pm
Posted by lsufan1971
Zachary
Member since Nov 2003
18166 posts
Posted on 2/15/19 at 6:43 pm to
People that understand economics and capitalism have no issues with this news.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73510 posts
Posted on 2/15/19 at 6:43 pm to
quote:

will admit to not knowing much about corporate tax code


Posted by Taxing Authority
Houston
Member since Feb 2010
57160 posts
Posted on 2/15/19 at 6:43 pm to
quote:

I will admit to not knowing much about corporate tax code
You didn’t have to tell us.

quote:

and I will defer to you on that but that wasn't the point of the thread.
So your point was you agree with Trump



Ok.
Posted by BBONDS25
Member since Mar 2008
48282 posts
Posted on 2/15/19 at 6:44 pm to
No. He read a headline and not the story. Or he didn’t understand the story. Trump said that amazon was getting too steep a discount from the usps.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
7835 posts
Posted on 2/15/19 at 6:44 pm to
quote:

Do you think a company like this should be rewarded with 14 more percent off?


Why do you think you or anyone here is in any way entitled to their profits?
Posted by fjlee90
Baton Rouge
Member since Nov 2016
7835 posts
Posted on 2/15/19 at 6:48 pm to
quote:

Well I started this thread to make a point. I will admit to not knowing much about corporate tax code


Don’t worry guys, at least he started the conversation.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/15/19 at 7:00 pm to
quote:


Well I started this thread to make a point
that you stupidly thought their tax result was because Trump

Idiot
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/15/19 at 7:00 pm to
quote:

I will admit to not knowing much about corporate tax code

Why have strong opinions on something you know so little about? You just look like an idiot
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/15/19 at 7:03 pm to
quote:

ITEP notes that its non-existent federal tax payment is a result of the Trump Administration’s corporation-friendly tax cuts. The think tank writes that the 2017 Tax Cuts and Jobs Act not only decreased corporate tax rates from 35% to 21%, but it also didn’t close “a slew of tax loopholes


Let's not let the morons at ITEP of the hook. They literally complain in this quote that somehow, it's Trump's fault for not repealing OBAMA era tax policy.

fricking rubes
This post was edited on 2/15/19 at 7:12 pm
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