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by spamlord 2501 days ago
Amazon pays taxes, not sure how anybody still believes this piece of misinformation. You do realize it is Congress who creates the tax rules to begin with, so if anyone is at fault for the tax 'loop holes' these companies leverage, it's corrupt legislators.

"In 2017, Amazon paid close to $1 billion in income tax. In 2018, the amount jumped to $1.18 billion, accounting for local, state, and international taxes."

https://www.forbes.com/sites/stephaniedenning/2019/02/22/why...
1 comments
smileysteve 2501 days ago
> "In 2017, Amazon paid close to $1 billion in income tax. In 2018, the amount jumped to $1.18 billion, accounting for local, state, and international taxes."

Your quote glaringly leaves out federal....

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icelancer 2501 days ago
It leaves it out because it isn't relevant. Amazon pays no federal tax (or close to none anyway) but it pays a shitload in other taxes.

Amazon reinvests revenue into the business which is discussed tons on this site. It also has the effect of eliminating certain types of taxes... and massively increasing taxes in other areas (like sales, use, B&O, payroll, etc...). Somehow I don't see discussion of how payroll tax at Amazon is exploding, though.

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