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

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71. You make some good points.

But a business does not have to be poorly run to be losing money. But I concede that a mistake was likely made somewhere. I bought my first business from another person, I thought that I had everything covered properly. Turns out I did not, the books that I didn't see had been cooked. I tripled revenue in the first year, but still had failed by the third year, I lost money every week during that time except a couple of weeks. My average revenue needed to be 33% more than the highest level that I reached. So, I did an excellent job of running the business, how many businesses triple revenue? But, the mistake was not hiring a business evaluation expert and getting my personal accountant involved. So you are right in that I ran things poorly with the poor decisionmaking before buying the business, but you are wrong about the operational end, I did an outstanding job.

Pretty much all startups lose money, like the poster pointed out. Many of those companies are excellently run, it just take a few years for them to get a toehold. Your tax solution would choke them to death in the cradle. Please don't take that last sentence as hostility, you have an excellent argument overall, very profitable companies are abusing things and something needs to be done, the question is what and how do we insure that it works as planned.