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If I knew the answer to that, I would also be paying 0 in tax. I'm allowed to be upset at the fact that it's possible, without knowing how they do it.
by komali2 8y ago
If I knew the answer to that, I would also be paying 0 in tax.
I'm allowed to be upset at the fact that it's possible, without knowing how they do it.
- kyleblarson 8y agoWell approximately 45% of Americans pay no federal income tax.
- ashelmire 8y agoThe 45% that are disabled, retired, unemployed, or who make barely enough to live? Who cares that they pay nothing. How many citizens have $10B in annual income and pay nothing in taxes? The effective tax rate for the top 1% of citizens is about 30%... what do you think it is for the top 1% of corporations?
- umanwizard 8y agoSo, given that you admit to not understanding the details of Amazon's accounting practices, how can you be so sure that what they're doing is wrong or bad?
- komali2 8y agoWe're in the thread I started, where I lauded them for taking advantage of tax loopholes to not pay any tax. So, I'd be interested in why you believe I think what Amazon is doing is wrong. What I don't like is that companies are allowed to do this at all - I support more government sponsored measures such as universal healthcare and education, far greater investment in sciences, etc, and I believe corporations paying higher tax rates is a fantastic way to pay for these things.