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Tue Apr 6, 2021, 04:20 PM

Bezos supports a rise in corporate tax rate to help pay for infrastructure investments





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Reply Bezos supports a rise in corporate tax rate to help pay for infrastructure investments (Original post)
Nevilledog Apr 2021 OP
sop Apr 2021 #1
Cha Apr 2021 #2
Cha Apr 2021 #3
kysrsoze Apr 2021 #4
inwiththenew Apr 2021 #5
PoliticAverse Apr 2021 #6
Vinca Apr 2021 #7
hatrack Apr 2021 #8

Response to Nevilledog (Original post)

Tue Apr 6, 2021, 04:34 PM

1. That's good, Jeff.

I suspect Amazon, along with most of corporate America, will benefit greatly from Biden's infrastructure investments.

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Response to sop (Reply #1)

Tue Apr 6, 2021, 04:35 PM

2. We all should if we

love our Country.

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Response to Nevilledog (Original post)

Tue Apr 6, 2021, 04:36 PM

3. Rt TY!

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Response to Nevilledog (Original post)

Tue Apr 6, 2021, 04:42 PM

4. So does this mean Amazon will actually start paying corporate income tax?

They've been raking in the cash and paying little to nothing in Federal taxes for years. $162M on $11.9B in 2019, and nothing the prior two years. Bezos is such a skeezy, cycnical asshole.

[link:https://www.cnbc.com/2020/02/04/amazon-had-to-pay-federal-income-taxes-for-the-first-time-since-2016.html|

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Response to Nevilledog (Original post)

Tue Apr 6, 2021, 04:44 PM

5. It's good PR

But he knows his army of accountants and tax lawyers will find every loophole and they'll never pay anywhere near whatever the published rate is.

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Response to Nevilledog (Original post)

Tue Apr 6, 2021, 05:14 PM

6. Translation: Amazon supports forcing companies that aren't able to avoid taxes to pay more taxes.

Cause that would give Amazon an even bigger competitive advantage.

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Response to Nevilledog (Original post)

Tue Apr 6, 2021, 05:16 PM

7. I should hope so since most of us pay more than he does already.

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Response to Nevilledog (Original post)

Tue Apr 6, 2021, 05:20 PM

8. And he won't be CEO by September this year . . .

So we'll see how much his statement matters, whether before or after he resigns.

https://www.businessinsider.com/amazon-jeff-bezos-stepping-down-nearing-end-founder-ceo-era-2021-2

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