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Blue_true

(31,261 posts)

29. Our tax laws are messed up.

Reply to stillcool (Reply #18)

Tue Feb 2, 2021, 09:04 PM

Feb 2021

As a sole proprietor, I don’t enjoy remotely the tax options that I would get from incorporating, setting up a pet rock Board of Directors, and offering highly restrictive stock to employees. But, I simply don’t have the time or the money to lobby tax writing legislators. Organizations that I can join to do the lobbying for me frankly are way down the food chain, doubt that they get “meetings” with tax writers.

Yes, it would be nice if everything was on an equal footing, but it isn’t.

The Web is powerful for a startup that know how to use it, a person or company can go from having maybe 150 people look at products each day to having tens of thousands worldwide looking at those products each day.

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$500,000,000 per month. Half a billion dollars PER MONTH. For 20 YEARS [View all] Roland99 Feb 2021 OP

Wowser! I'll volunteer to be Bezos for half a month? nt DonaldsRump Feb 2021 #1

90% Tax on the Highest Bracket Martin Eden Feb 2021 #2

But the taxation needs to be specific. His wealth isn't from his salary Roland99 Feb 2021 #6

So are you suggesting... BootinUp Feb 2021 #12

No, they're still too regressive (esp soc sec tax) Roland99 Feb 2021 #17

The root problem BootinUp Feb 2021 #15

Won't work. Blue_true Feb 2021 #24

😱 Duppers Feb 2021 #3

I'd give to every animal shelter I_UndergroundPanther Feb 2021 #28

I absolutely LOVE YOUR LIST Duppers Feb 2021 #30

And he still needs more lame54 Feb 2021 #4

Maybe he'll have an epiphany Deuxcents Feb 2021 #5

and he probably doesn't have a friend onethatcares Feb 2021 #7

because people in the USA buy stuff at amazon. doh nt msongs Feb 2021 #8

LOL. Thank You. Pretty simple isn't it! "People buy stuff" Budi Feb 2021 #11

I don't hate him for it. He created Amazon 30 years ago. Budi Feb 2021 #9

Exactly... HipChick Feb 2021 #16

Now that he's stepping down from his 30 yr postion, ... Budi Feb 2021 #20

Mommy and daddy were. They gave him almost $300,000. NYC Liberal Feb 2021 #32

They also have that thing where you can sign up and they will donate 5% to Maraya1969 Feb 2021 #22

The guy started off selling books from his home. Blue_true Feb 2021 #25

I guess he won't have to turn the thermostat down in the Winter..... Chainfire Feb 2021 #10

That is SO wrong! ananda Feb 2021 #13

The problem is that as a society, we over value somethings and grossly undervalued others. Blue_true Feb 2021 #27

That is so true. Also, the Reeps value only money and power.. ananda Feb 2021 #33

Yep. Blue_true Feb 2021 #34

This is the problem RANDYWILDMAN Feb 2021 #14

funny how one thing leads to another... stillcool Feb 2021 #18

Our tax laws are messed up. Blue_true Feb 2021 #29

And he still stiffed Amazon drivers of tens of millions in tips Wicked Blue Feb 2021 #19

Like Pizza Hut delivery places were getting driver tips online for delivery orders..... Bengus81 Feb 2021 #23

That's why we need some sort of wealth tax. Maraya1969 Feb 2021 #21

The latest Publisher's Clearing House grand prize? nt Buns_of_Fire Feb 2021 #26

Of course, that is assuming he makes no interest on his current wealth. Flaleftist Feb 2021 #31