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Jeff Bezos paid an income tax rate of 1.2% last year on $13 billion in profit
Posted on 9/28/20 at 1:15 am
Posted on 9/28/20 at 1:15 am
That's one point two percent
And here's the kicker. It was the fist time in 3 years that Bezos paid ANY income tax.
Messed up? Maybe. Legal? Yep
fox business
And here's the kicker. It was the fist time in 3 years that Bezos paid ANY income tax.
Messed up? Maybe. Legal? Yep
fox business
7
Posted on 9/28/20 at 1:27 am to Frank Black
How to spot a bullshite article in one sentence...
1/ This isn’t Jeff Bezos personal taxes —though they try to make it appear that way.
2/ The headline says “$13 B in profit” when it’s really $13B in income.
3/ and if deferred —will eventually pay almost $1Billion in taxes on that income.
Good lawd. This is the stupidity we are up against in this country.
quote:
Jeff Bezos' sprawling e-commerce empire said it paid $162 million in federal income taxes on $13.3 billion of U.S. pre-tax income, an effective tax rate of 1.2 percent. It deferred more than $914 million in taxes.
1/ This isn’t Jeff Bezos personal taxes —though they try to make it appear that way.
2/ The headline says “$13 B in profit” when it’s really $13B in income.
3/ and if deferred —will eventually pay almost $1Billion in taxes on that income.
Good lawd. This is the stupidity we are up against in this country.
This post was edited on 9/28/20 at 1:31 am
Posted on 9/28/20 at 1:32 am to Taxing Authority
Last time I looked, Jeff Bezos is not standing for election to the office of POTUS.
The POTUS needs to release his returns to prove he is right and the NYT is wrong. If he won't release them, most of us will assume he is a tax cheat and a fraud.
The POTUS needs to release his returns to prove he is right and the NYT is wrong. If he won't release them, most of us will assume he is a tax cheat and a fraud.
Posted on 9/28/20 at 1:35 am to GeorgeWest
quote:What is the NY Yimes right about? What are they alleging?
to prove he is right and the NYT is wrong.
Posted on 9/28/20 at 1:37 am to GeorgeWest
quote:
If he won't release them, most of us will assume he is a tax cheat and a fraud.
The less he paid in taxes, the more I like him.
frick taxes.
Posted on 9/28/20 at 1:39 am to GeorgeWest
quote:Exactly. You’ll believe exactly what you want to—even with no evidence. Releasing his taxes... won’t make any difference to you.
If he won't release them, most of us will assume he is a tax cheat and a fraud.
Posted on 9/28/20 at 1:39 am to GeorgeWest
quote:
The POTUS needs to release his returns to prove he is right and the NYT is wrong.
not really.
quote:
If he won't release them, most of us will assume he is a tax cheat and a fraud.
no. the more gullible of you will choose to believe the NYT.
Posted on 9/28/20 at 1:41 am to GeorgeWest
quote:
The POTUS needs to release his returns to prove he is right and the NYT is wrong. If he won't release them, most of us will assume he is a tax cheat and a fraud.
quote:Oh, BTW... when did you stop molesting children?
GeorgeWeat
This post was edited on 9/28/20 at 1:42 am
Posted on 9/28/20 at 1:41 am to GeorgeWest
quote:
The POTUS needs to release his returns to prove he is right and the NYT is wrong. If he won't release them, most of us will assume he is a tax cheat and a fraud.
Posted on 9/28/20 at 1:45 am to GeorgeWest
quote:
If he won't release them, most of us will assume he is a tax cheat and a fraud
How, specifically, did he cheat or defraud the IRS?
If he did nothing illegal, then the true fault lies upon those responsible for the tax codes those years. Wanna take a stab at who that is?
Posted on 9/28/20 at 2:06 am to GeorgeWest
Do you people even understand what the frick the words “cheat” and “fraud” mean? Hint: they don’t refer to things that every single business owner in the country does legally
Posted on 9/28/20 at 5:12 am to GeorgeWest
quote:
The POTUS needs to release his returns to prove he is right and the NYT is wrong. If he won't release them, most of us will assume he is a tax cheat and a fraud.
yep. he was cheating the irs while calling all those killed in action losers and suckers
Posted on 9/28/20 at 5:22 am to GeorgeWest
quote:
The POTUS needs to release his returns to prove he is right and the NYT is wrong. If he won't release them, most of us will assume he is a tax cheat and a fraud.
"The Paper of Record" provide documents to prove what we wrote about you isn't true!
How liberal of you, you fricking unhinged nuts.
Sulzberger carrying on a long tradition of being a mouthpiece for international Bolshevism
This post was edited on 9/28/20 at 5:26 am
Posted on 9/28/20 at 5:30 am to GeorgeWest
quote:
The POTUS needs to release his returns to prove he is right and the NYT is wrong. If he won't release them, most of us will assume he is a tax cheat and a fraud.
You’re certifiably nuts. Anti-American, tyrannical and nuts.
Posted on 9/28/20 at 5:30 am to Frank Black
quote:Buffett is worse. The difference is, Buffett advocates raising taxes on the rest of us, while he essentially will offshore his entire untaxed estate after he dies.
Jeff Bezos paid an income tax rate of 1.2% last year on $13 billion in profit
Posted on 9/28/20 at 5:30 am to GeorgeWest
quote:
The POTUS needs to release his returns to prove he is right and the NYT is wrong. If he won't release them, most of us will assume he is a tax cheat and a fraud.
Just wow. You really are unhinged
Posted on 9/28/20 at 5:31 am to pankReb
quote:
he did nothing illegal, then the true fault lies upon those responsible for the tax codes those years. Wanna take a stab at who that is?
Probably some senator that has been in politics for 3+ decades if I had to guess
Posted on 9/28/20 at 5:33 am to Strannix
If you aren't convinced by now that the nyt is FoS and fake news, you never will, and will remain ignorant and hateful the rest of your life.
Posted on 9/28/20 at 5:35 am to GeorgeWest
quote:
If he won't release them, most of us will assume he is a tax cheat and a fraud.
Majority of people’s minds have been made up on this BS already...you think this will swing peoples decisions at this point hahahahaha
And if you still want those tax returns....wouldn’t you want to see the Biden family returns as well?? You fricking hack
Posted on 9/28/20 at 5:38 am to Forever
quote:
Do you people even understand what the frick the words “cheat” and “fraud” mean? Hint: they don’t refer to things that every single business owner in the country does legally
You do realize that if he actually cheated and committed fraud, he would have been charged by the IRS. Not like they have not audited him a few times. Also, do you think he does his own taxes? Do you think he reviews them or just signs them when put in front f him? Do you think all his businesses are S corps where profits are reported in k1’s and added to personal income tax? The NYT’s article was written for simple minded people with little to no idea how taxes work like yourself. Beat you pay HR Block $250 to fill your 1040ez return.
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