Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

KWR65

(1,098 posts)
Wed Feb 13, 2019, 03:18 PM Feb 2019

Income Taxes are for the little people

On top of this no federal income taxes State and local governments also give Amazon small or no tax deals.

Amazon, which doubled its profits and made more than $11 billion in 2018, won't pay any federal income taxes for the second year in a row, the Institute on Taxation and Economic Policy reported on Wednesday.


[link:https://theweek.com/speedreads/823590/amazon-pay-0-federal-income-taxes-second-year-row|]

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Income Taxes are for the little people (Original Post) KWR65 Feb 2019 OP
Let me guess--they paid it all out in dividends to their stockholders, right? DFW Feb 2019 #1
Lets see Ohiogal Feb 2019 #2

DFW

(54,506 posts)
1. Let me guess--they paid it all out in dividends to their stockholders, right?
Wed Feb 13, 2019, 03:21 PM
Feb 2019

After four figure bonuses to all their employees, right?

hmmm, OK, probably not.........

Latest Discussions»General Discussion»Income Taxes are for the ...