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Well... this perspective oversimplifies things a bit. Amazon pays little or no corporate tax, but it still pays a lot in other taxes (such as payroll taxes). Se
by dbrueck 5y ago
Well... this perspective oversimplifies things a bit. Amazon pays little or no corporate tax, but it still pays a lot in other taxes (such as payroll taxes). See, for example, https://www.forbes.com/sites/stephaniedenning/2019/02/22/why-amazon-pays-no-corporate-taxes/?sh=7d73e47654d5 https://www.forbes.com/sites/stephaniedenning/2019/02/22/why....
Legal corporate tax breaks are used to encourage incentives that we (as a society) want. We can and should continually monitor and tweak them, but as a concept they are not inherently bad - I mean, Amazon is now this enormous beast, but it's also an enormous beast that created over a million jobs.