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Assuming an average 8.00% sales tax on Amazon revenue 232.9 billion USD, Amazon still paid $18-19B in taxes. That's significant. And EU VATs are usually higher

Assuming an average 8.00% sales tax on Amazon revenue 232.9 billion USD, Amazon still paid $18-19B in taxes. That's significant. And EU VATs are usually higher than 8.00%.

1986 8y ago
Amazon didn't pay those taxes, purchasers did.
- hartator 8y ago
  In theory. Also, purchasers can be seen as paying profit taxes as well.
  - deleted 8y ago
    [deleted]
  - munk-a 8y ago
    The theoretical response of Supply & Demand curves to taxes that we learned in macro don't hold as instantaneous or ever fully realized in the real world. Humans simply aren't rational actors.
    - deleted 8y ago
      [deleted]