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Unfortunately Amazon pays little taxes not because of trickery with tax loopholes, but mostly because by design companies only owe taxes on profits and Amazon h
by saddlerustle 5y ago
Unfortunately Amazon pays little taxes not because of trickery with tax loopholes, but mostly because by design companies only owe taxes on profits and Amazon has made (on net) very little profit to date.
Governments tax corporate revenue too, it's just that's called a sales tax.
- KennyBlanken 5y agoI was speaking about Jeff Bezos, not Amazon. And also, yes, Amazon gets lots of tax loopholes and freebies. They wave "jobs!" around and get property tax breaks and whatnot.