Amazon will pay $0 in federal income taxes on $11.2 billion in profit..AOC asks WHY

[Blue_true]

68. Business is not that simple.

A lot of businesses lose money to start out. If you tax the profit they make on each sale, you just put them out of business faster or eventually. I say treat corporate net income the way people's paychecks are treated (your pay is always net income, unless you own the business). The one area where corporations and companies should get treated differently is on investment in equipment and non-consumable supplies, things that will be used for more than one year - in those cases allow them to write off either 50% per year or 33.33% per year until the non-real estate asset is written off. whichever allows them to operate and gives the government tax money. Real estate assets would have only tax and physical plant improvements written off each year and if the real estate is sold, then a final tax accounting would be done then, either a gain gets taxed, or a loss gets written off.