Agnostic.com

6 1

Amazon pays $0 taxes again this year on over $11 billion profit. Fair or not? [finance.yahoo.com]

ToolGuy 9 Apr 17
Share

Enjoy being online again!

Welcome to the community of good people who base their values on evidence and appreciate civil discourse - the social network you will enjoy.

Create your free account

6 comments

Feel free to reply to any comment by clicking the "Reply" button.

0

For anyone making over a million, not paying taxes is greed to the point of treason.

For Amazon, the non-payment is an ineffable insult, beyond any obscenity. Especially when it comes from a monopoly. The penalty should also be unmentionable.

What we really need is a maximum income limit, above which 100% is forfeit, for people and for corporations. If the company is too big, it should be split up. Failure to comply would be a capital offense with a bounty on those who offend.

0

I buy a lot from Amazon and I am sure some of the write off is charitable donations. I shop using the Amazon Smile program which lets me pick a non profit that they donate to. I picked a local nature center just a few miles from where I live, tax avoidance well spent.

0

Yes, not fair, but it is based on tax law which gives businesses a break for investing in new capitol equipment, labor and the rest.

I think corporations ought to be liable for an alternative minimum tax, similar to what some individuals have to pay regardless of the income that is reported.

cava Level 7 Apr 17, 2019
0

And do we imagine Amazon is the only one?

0

not fair

1

Not no but fuck no!

Write Comment
You can include a link to this post in your posts and comments by including the text q:332533
Agnostic does not evaluate or guarantee the accuracy of any content. Read full disclaimer.