Amazon (and other corporations) do reap enormous revenues and do good with it for society contrary to your assertion: they reinvest those profits instead of pay

Amazon (and other corporations) do reap enormous revenues and do good with it for society contrary to your assertion: they reinvest those profits instead of paying out dividends to investors. This creates more jobs and produces more innovations for society. The idea in practice is that you pay taxes on profits, not revenue. People confuse the two. Not paying taxes on revenue is a feature not a bug. This is there to encourage reinvestment, which long term is good for society. If they didn’t reinvest and instead realized profits, a portion would be taxed and a portion would be paid out to investors. The taxes portion would be both invested and wasted by inefficient bureaucracy. Either way, reinvestment in society is happening, but in one case it’s going back into reinvestment by a relatively unaccountable private entity and the other case a portion of it is going into reinvestment by a relatively unaccountable public entity. My personal observation is that the private entity, by virtue of earning the profit in the first place (especially if in a fiercely competitive market), has proven itself a more capable steward of reinvesting that money to produce things people in society want (which they demonstrate by buying that company's goods/services) That’s not to say that there isn’t value in having public reinvestment, but that those in charge of public reinvestment should instead tax other activities (in my opinion conspicuous consumption by individuals via a sales tax) and they should earn that right to spend more by convincing individuals collectively to forego their conspicuous consumption in the present (via raising sales tax) because they will return more value for society through their proposed reinvestments. Government should tax things you want less of (wanton indiscriminate conspicuous consumption) and not things you want more of: reinvestment