Capitalist scums think this is fine wtf

Capitalist scums think this is fine wtf.

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the problem with capitalism is not too many capitalists, it's too few capitalists.

sage

they didnt just pay $0 they were given $142 million in rebates on that $0 tax bill

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Their is no way to make any corporation pay an income tax ( or any other tax for that matter ). All they do is pass any anticipated taxes along to the end consumer. That YOU. Anyone who thinks that any corporation is just going to sit back and get fucked is crazy and has a poor understanding of economics. Trying to tax any business only increases the final cost of the product which is passed on to the end user. If you like paying more for goods and services, buy all means, scream at the top of you lungs how unfair the world is all the while getting fucked by your own stupidity.

>$129 million

>expecting any sort of economic literacy on Yea Forums.

How can they do this? Can we not pay federal taxes like this? I'm guessing all we need to do is put $10000 as donations in our turbo tax.

>$11,000,000,000 Profit

Bullshit.

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No civilised nation would allow this. This is why the idea of a 90% corporate tax rate is becoming more and more popular. Corporate America had better enjoy these giveaways while they last, because we're going to take it all back starting in 2021.

Revenue = Profit. Everyone knows this.

No they don't.
Republicans will just tell them immigrants did it and they'll believe them and Amazon carries on.

And did nothing illegal in doing so. Accountants rule the world.

Mostly capital investment. If a company spends their money expanding, it's not taxed.

So as I understand it, and it is a very basic understanding at that, Amazon pays no tax at the moment because they aren't yet making a net profit from the years they operated at a loss, right? If this is correct, when can we expect them to be making a net profit and thus paying more than $0 in taxes?

Amazon pays no income tax.

They still pays sales tax, property tax, employment taxes, social security, etc etc etc, which is a LOT of money.

That's got to be revenue. Learn the difference leftards.

This. Don't forget payroll tax

*jewish*

also not capitalism if they control nearly 100% of the market

All of their workers pay income taxes.
They generate tons of tax that way.

sauce?

I misread the number initially. That's not even revenue that's a made up fairy tale number.

it's for brainlets, it's the half truth libs always scream. They aren't paying 10b in taxes! No but they are still paying like 40b, so it's fine. There are lots of companies by me (including amazon) that chose to come here because it's tax abated (for a while anyway). Like you said, we still get lots of other taxes, plus employment in my little town, so it's fine. Amazing really, but yeah, I guess you could freak on the little concession we made...

Fucking idiot that's not capitalism. Capitalism is not to be blamed for your corrupted society's poor moral and ethics and the set of rules. That's corporatism and neoliberalisms to be blamed. Besides that, judging a company for avoiding taxes is so stupid when you know those taxes will go to bureaucrats mostly and some social services you may never use.