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I think Amazon is simply reinvesting in growth while avoiding corporate income taxes. Since they tend to move into proven industries, they are not likely to lo
by johnrob 13y ago
I think Amazon is simply reinvesting in growth while avoiding corporate income taxes. Since they tend to move into proven industries, they are not likely to lose any of the re-invested money.
They are effectively taking profit in the form of Amazon equity (via increased stock price) and not paying any taxes.
- tracker1 13y agoI don't have a problem with that... imho corporations should be working to either grow (reinvest or diversify) or payout dividends... I'm pretty opposed to a corporation holding on to vast unused/underused properties and cash reserves. It does nothing for the communities they take hold in, or for the economy at large.