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Corporations, (especially large ones) should not have to pay any taxes -- the more we take away burdens on business, the more they hire employees and raise wages -- that is why wages have went up so drastically over the past 30 or so years --- if we take away taxes completely -- wages will go up even higher
Less in refunds?The riches fuckin guy in the world.....pays no taxes, while tax payers all across the country are stunned at receiving less in refunds this year than last year and who by the way saw next to nothing in their paychecks thanks to the tax cuts from the GOP......meanwhile, you got the clown in chief approval ratings increasing while his poor white trash can supporter this shit??????
they are taxed at the same rate that other companies are,,,they just have better deductions and know how to use themCorporations, (especially large ones) should not have to pay any taxes -- the more we take away burdens on business, the more they hire employees and raise wages -- that is why wages have went up so drastically over the past 30 or so years --- if we take away taxes completely -- wages will go up even higher
That's a mighty retarded assertion. What you asserted is great if you monopolies and the prices to rise, dumbass. Everyone should be taxed equally. Competition is what lowers prices.
prove it,,,Amazon will pay $0 in federal income taxes for the second year in a row
Gotta love the tax code that liberals passed!!!
They greased the right palms. That should not be allowed.
if they did do it for better tax code every business owner in the country should thank them for itprove it,,,Amazon will pay $0 in federal income taxes for the second year in a row
Gotta love the tax code that liberals passed!!!
They greased the right palms. That should not be allowed.
I can prove the palms they greased for sure.
Amazon.com Contributions to Federal Candidates, 2018 cycle | OpenSecrets
No companies should be taxed, period....they are the job creators, why should they be taxed?they are taxed at the same rate that other companies are,,,they just have better deductions and know how to use themCorporations, (especially large ones) should not have to pay any taxes -- the more we take away burdens on business, the more they hire employees and raise wages -- that is why wages have went up so drastically over the past 30 or so years --- if we take away taxes completely -- wages will go up even higher
That's a mighty retarded assertion. What you asserted is great if you monopolies and the prices to rise, dumbass. Everyone should be taxed equally. Competition is what lowers prices.
Republicans wanting free stuff is nothing new. Do they pay their bills at home?its a good day when people/companys get to keep their money and the government gets less
I've found its democrats that dont pay their bills and want free stuff, like food housing college cloths healthcare cars money and a long list of other thingsRepublicans wanting free stuff is nothing new. Do they pay their bills at home?its a good day when people/companys get to keep their money and the government gets less
Who voted for it? The left is way more critical of rich folks than the right. And the GOP just installed and "fixed" taxes but apparently missed this glaring whole.I read they were even getting a 120m refund.
That fucking company makes billions and billions of dollars every year.
This is the fucking bullshit you dipshits vote for.
The worst part about this and Amazon is that it's a competition killer. Winners should be winners because of their competitive actions in the market not because they are getting benefits from the government and taxpayer or because they exploit their stakeholders. Subsidizing already successful people and businesses is the epitome of stupid and will sink our republic.
Just one question : Were the Amazon jobs going to be all upper management positions as in 25,000 jobs averaging $150,000 salaries?since people are asking
What will NYC lose after Amazon HQ2 deal crumbles?
Here are the commitments Amazon is taking with it
By Caroline Spivack Feb 14, 2019, 4:53pm EST
SO you beat out 200 cities offering up everything including sex with your sister and here comes little miss commie wrecking ball snatching defeat from victory .
Texas HAS already reminded amazon theyre still open for da bidness
Im no amazon fan I don't even shop with them don't give a fuck if i spend a few more dollars elsewhere BUT THIS IS frigging delicious
I never shopped at a walmart either Until i moved out of the city ...wouldn't do it
it is like the south park episode !ya go in for one thing and an hour and a half later ya find yourself STILL in there with a cartload of chicom shit and food lol
by the way sam club whole coffee beans in the can Rule ,,and im an old school NYC food elitist ..the half a fag frog BOIL A BAG Parisians got nuttin on us
In a stunning reversal, Amazon has pulled out of bringing half of its second North American headquarters to New York City.
After some four months of vocal opposition, the e-commerce giant has decided its had its fill of the tongue-lashing the company has taken from elected officials, labor leaders, and residents on a deal that would bring 25,000 jobs and $27 billion in tax revenue to New York. In a Thursday afternoon blog post the company announced that it is cancelling plans to bring a new campus to Long Island City, Queens—leaving a $3 billion incentive package on the table.
“A number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City,” the post reads.
The hotly contested project triggered transparency concerns when officials opted for the deal to go through a General Project Plan (GPP) in lieu of the traditional Uniform Land Use Review Procedure (ULURP) that would require a lengthy review and vote by the New York City Council. Political opponents were swift to praise Amazon’s change of heart, including Council Speaker Corey Johnson, who grilled Amazon executives in a pair of fiery Council hearings.
“I look forward to working with companies that understand that if you’re willing to engage with New Yorkers and work through challenging issues New York City is the world’s best place to do business,” Johnson said in a statement.
“I hope this is the start of a conversation about vulture capitalism and where our tax dollars are best spent. I know I’d choose mass transit over helipads any day,” Johnson added, referring to the private helipad Amazon had planned for executive joyrides.
While critics challenged the deal and argued Amazon wasn't delivering its fair share of incentives, others praised it as an economic boon for the city with not only an influx of jobs and tax revenue heading to city and state coffers, but also infrastructure upgrades including new school seats, parkland, and other improvements that are sorely needed in the booming neighborhood.
For many, Amazon HQ2 stoked fear over how it could irrevocably change the city. Now that the online retailer has pulled out of the deal, here’s a look at some of the major things Amazon is taking with it.
Jobs
Amazon would have reportedly generated $27.5 billion in city and state revenue over 25 years—a 9:1 ratio of revenue to subsidies. This arrangement was predicated on Amazon creating at least 25,000 jobs over the next decade—and up to 40,000—with an average salary of $150,000, the memorandum said. Another 1,300 jobs were in the pipeline for construction and some 107,000 in total direct and indirect jobs were anticipated, according to state estimates.
Amazon, the city, and state initially planned to commit $5 million each toward workforce development. The deal also planned for a local nonprofit to open a training center on the HQ2 campus to mentor and recruit Long Island City locals, according to the city. A $10 million expansion of the city’s JobsPlus program into the Queensbridge Houses—the largest public housing complex in the country—was set to take shape. Additionally, the de Blasio administration planned to launch a $3-5 million program geared toward training NYCHA residents for careers in IT, cybersecurity, and web development.
Infrastructure
To fund local infrastructure—streets, sidewalks, open space and the like—Amazon planned to utilize the city’s Payment In Lieu of Taxes (PILOT) program, estimated by former Deputy Mayor Alicia Glen at $600 to $650 million over four decades. Amazon would have also built a 600-seat school and 3.5 acres of public, open space along the waterfront at Anable Basin.
When the deal first landed, transit advocates and elected leaders promptly called on Amazon to beef up transportation infrastructure in Long Island City, worrying that existing options weren’t enough to serve the rapidly growing neighborhood. Advocates pointed to the ongoing bus and subway crisis plaguing the city and packed train cars that run on the 7 and G lines through the area.
HQ2 was also piggybacking off of city infrastructure investments that were already in the works, or in the midst of being proposed, including $46 million for sewer and water-main upgrades, $60 million for a new school and a new Long Island Rail Road stop, and $180 million in new spending for overall improvements to Long Island City, the city has said.
Economic Impact
As part of the contested incentives package, Amazon was to receive nearly $3 billion in tax breaks, abatements, and grants. The state was committing up to $1.7 billion in Excelsior Tax Credits and capital grants—again, based on Amazon’s delivery of job and investment commitments. On the city side of things, the Industrial Commercial Abatement Program (ICAP) would have abated approximately $386 million in property taxes, while the Relocation and Employment Assistance Program (REAP) would have been worth $897 million, according to city and state officials. Incentives aside, the state would have reportedly earned $14 billion in tax returns, and the city would have received more than $13.5 billion in tax revenue over a 25 year period.
But officials revealed at a January City Council hearing that the price tag to bring Amazon to Long Island City could have cost $987 million more than the city previously claimed because city estimates only accounted for the minimum job and infrastructure investments that Amazon was expected to make, according to a report from the Council’s Finance Committee.
Real Estate
Long Island City transformed from a buyer’s to a seller’s market practically overnight after Amazon’s HQ2 announcement. The change came after a slump that in October saw 13 percent of the area’s listings slash their prices. Real estate experts speculated that Amazon’s move to Long Island City could paved the way for other large companies to move into the neighborhood. Amazon’s sudden reversal will undoubtedly lead to “whiplash,” as one StreetEasy expert put it in a statement.
The HQ2 cancellation has sent some developers scrambling, namely family-run plastics company Plaxall that was initially due to rent 4 million square feet of Long Island City land to Amazon for its headquarters.
Amazon said Thursday that it doesn’t plan on restarting its search for another location. The company will still move forward with its HQ2 location in Crystal City, Virginia, and a smaller operations center in Nashville, Tennessee.
AND from the NY POST
HeLazyYO rips into AOC’s Amazon opposition: Working people ‘want jobs’
It’s a progressive civil war.
A hot-under-the-collar Mayor Bill de Blasio tore into Rep. Alexandria Ocasio-Cortez on Friday as he blistered both the online giant and local politicians who opposed bringing it to Queens.
“As a progressive my entire life — and I ain’t changing — I’ll take on any progressive anywhere that thinks it’s a good idea to lose jobs and revenue because I think that’s out of touch with what working people want,” the mayor said on WNYC radio.
Ocasio Cortez (D-Bronx/Queens) — who lobbed bombs at the $3 billion incentives package offered by city and state leaders — said Thursday that Amazon’s withdrawal from the deal showed that “everyday Americans still have the power to organize and fight for their communities and they can have more say in this country than the richest man in the world.”
The audio clip, played by WNYC host Brian Lehrer as he questioned de Blasio over Amazon’s shocking decision to withdraw, set the mayor on a tear.
Just one question : Were the Amazon jobs going to be all upper management positions as in 25,000 jobs averaging $150,000 salaries?since people are asking
What will NYC lose after Amazon HQ2 deal crumbles?
Here are the commitments Amazon is taking with it
By Caroline Spivack Feb 14, 2019, 4:53pm EST
SO you beat out 200 cities offering up everything including sex with your sister and here comes little miss commie wrecking ball snatching defeat from victory .
Texas HAS already reminded amazon theyre still open for da bidness
Im no amazon fan I don't even shop with them don't give a fuck if i spend a few more dollars elsewhere BUT THIS IS frigging delicious
I never shopped at a walmart either Until i moved out of the city ...wouldn't do it
it is like the south park episode !ya go in for one thing and an hour and a half later ya find yourself STILL in there with a cartload of chicom shit and food lol
by the way sam club whole coffee beans in the can Rule ,,and im an old school NYC food elitist ..the half a fag frog BOIL A BAG Parisians got nuttin on us
In a stunning reversal, Amazon has pulled out of bringing half of its second North American headquarters to New York City.
After some four months of vocal opposition, the e-commerce giant has decided its had its fill of the tongue-lashing the company has taken from elected officials, labor leaders, and residents on a deal that would bring 25,000 jobs and $27 billion in tax revenue to New York. In a Thursday afternoon blog post the company announced that it is cancelling plans to bring a new campus to Long Island City, Queens—leaving a $3 billion incentive package on the table.
“A number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City,” the post reads.
The hotly contested project triggered transparency concerns when officials opted for the deal to go through a General Project Plan (GPP) in lieu of the traditional Uniform Land Use Review Procedure (ULURP) that would require a lengthy review and vote by the New York City Council. Political opponents were swift to praise Amazon’s change of heart, including Council Speaker Corey Johnson, who grilled Amazon executives in a pair of fiery Council hearings.
“I look forward to working with companies that understand that if you’re willing to engage with New Yorkers and work through challenging issues New York City is the world’s best place to do business,” Johnson said in a statement.
“I hope this is the start of a conversation about vulture capitalism and where our tax dollars are best spent. I know I’d choose mass transit over helipads any day,” Johnson added, referring to the private helipad Amazon had planned for executive joyrides.
While critics challenged the deal and argued Amazon wasn't delivering its fair share of incentives, others praised it as an economic boon for the city with not only an influx of jobs and tax revenue heading to city and state coffers, but also infrastructure upgrades including new school seats, parkland, and other improvements that are sorely needed in the booming neighborhood.
For many, Amazon HQ2 stoked fear over how it could irrevocably change the city. Now that the online retailer has pulled out of the deal, here’s a look at some of the major things Amazon is taking with it.
Jobs
Amazon would have reportedly generated $27.5 billion in city and state revenue over 25 years—a 9:1 ratio of revenue to subsidies. This arrangement was predicated on Amazon creating at least 25,000 jobs over the next decade—and up to 40,000—with an average salary of $150,000, the memorandum said. Another 1,300 jobs were in the pipeline for construction and some 107,000 in total direct and indirect jobs were anticipated, according to state estimates.
Amazon, the city, and state initially planned to commit $5 million each toward workforce development. The deal also planned for a local nonprofit to open a training center on the HQ2 campus to mentor and recruit Long Island City locals, according to the city. A $10 million expansion of the city’s JobsPlus program into the Queensbridge Houses—the largest public housing complex in the country—was set to take shape. Additionally, the de Blasio administration planned to launch a $3-5 million program geared toward training NYCHA residents for careers in IT, cybersecurity, and web development.
Infrastructure
To fund local infrastructure—streets, sidewalks, open space and the like—Amazon planned to utilize the city’s Payment In Lieu of Taxes (PILOT) program, estimated by former Deputy Mayor Alicia Glen at $600 to $650 million over four decades. Amazon would have also built a 600-seat school and 3.5 acres of public, open space along the waterfront at Anable Basin.
When the deal first landed, transit advocates and elected leaders promptly called on Amazon to beef up transportation infrastructure in Long Island City, worrying that existing options weren’t enough to serve the rapidly growing neighborhood. Advocates pointed to the ongoing bus and subway crisis plaguing the city and packed train cars that run on the 7 and G lines through the area.
HQ2 was also piggybacking off of city infrastructure investments that were already in the works, or in the midst of being proposed, including $46 million for sewer and water-main upgrades, $60 million for a new school and a new Long Island Rail Road stop, and $180 million in new spending for overall improvements to Long Island City, the city has said.
Economic Impact
As part of the contested incentives package, Amazon was to receive nearly $3 billion in tax breaks, abatements, and grants. The state was committing up to $1.7 billion in Excelsior Tax Credits and capital grants—again, based on Amazon’s delivery of job and investment commitments. On the city side of things, the Industrial Commercial Abatement Program (ICAP) would have abated approximately $386 million in property taxes, while the Relocation and Employment Assistance Program (REAP) would have been worth $897 million, according to city and state officials. Incentives aside, the state would have reportedly earned $14 billion in tax returns, and the city would have received more than $13.5 billion in tax revenue over a 25 year period.
But officials revealed at a January City Council hearing that the price tag to bring Amazon to Long Island City could have cost $987 million more than the city previously claimed because city estimates only accounted for the minimum job and infrastructure investments that Amazon was expected to make, according to a report from the Council’s Finance Committee.
Real Estate
Long Island City transformed from a buyer’s to a seller’s market practically overnight after Amazon’s HQ2 announcement. The change came after a slump that in October saw 13 percent of the area’s listings slash their prices. Real estate experts speculated that Amazon’s move to Long Island City could paved the way for other large companies to move into the neighborhood. Amazon’s sudden reversal will undoubtedly lead to “whiplash,” as one StreetEasy expert put it in a statement.
The HQ2 cancellation has sent some developers scrambling, namely family-run plastics company Plaxall that was initially due to rent 4 million square feet of Long Island City land to Amazon for its headquarters.
Amazon said Thursday that it doesn’t plan on restarting its search for another location. The company will still move forward with its HQ2 location in Crystal City, Virginia, and a smaller operations center in Nashville, Tennessee.
AND from the NY POST
HeLazyYO rips into AOC’s Amazon opposition: Working people ‘want jobs’
It’s a progressive civil war.
A hot-under-the-collar Mayor Bill de Blasio tore into Rep. Alexandria Ocasio-Cortez on Friday as he blistered both the online giant and local politicians who opposed bringing it to Queens.
“As a progressive my entire life — and I ain’t changing — I’ll take on any progressive anywhere that thinks it’s a good idea to lose jobs and revenue because I think that’s out of touch with what working people want,” the mayor said on WNYC radio.
Ocasio Cortez (D-Bronx/Queens) — who lobbed bombs at the $3 billion incentives package offered by city and state leaders — said Thursday that Amazon’s withdrawal from the deal showed that “everyday Americans still have the power to organize and fight for their communities and they can have more say in this country than the richest man in the world.”
The audio clip, played by WNYC host Brian Lehrer as he questioned de Blasio over Amazon’s shocking decision to withdraw, set the mayor on a tear.
Yeah.Upper Management making $150,000 would be cleaning the john's, sweeping the floors and packing boxes with underwear.Just one question : Were the Amazon jobs going to be all upper management positions as in 25,000 jobs averaging $150,000 salaries?since people are asking
What will NYC lose after Amazon HQ2 deal crumbles?
Here are the commitments Amazon is taking with it
By Caroline Spivack Feb 14, 2019, 4:53pm EST
SO you beat out 200 cities offering up everything including sex with your sister and here comes little miss commie wrecking ball snatching defeat from victory .
Texas HAS already reminded amazon theyre still open for da bidness
Im no amazon fan I don't even shop with them don't give a fuck if i spend a few more dollars elsewhere BUT THIS IS frigging delicious
I never shopped at a walmart either Until i moved out of the city ...wouldn't do it
it is like the south park episode !ya go in for one thing and an hour and a half later ya find yourself STILL in there with a cartload of chicom shit and food lol
by the way sam club whole coffee beans in the can Rule ,,and im an old school NYC food elitist ..the half a fag frog BOIL A BAG Parisians got nuttin on us
In a stunning reversal, Amazon has pulled out of bringing half of its second North American headquarters to New York City.
After some four months of vocal opposition, the e-commerce giant has decided its had its fill of the tongue-lashing the company has taken from elected officials, labor leaders, and residents on a deal that would bring 25,000 jobs and $27 billion in tax revenue to New York. In a Thursday afternoon blog post the company announced that it is cancelling plans to bring a new campus to Long Island City, Queens—leaving a $3 billion incentive package on the table.
“A number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City,” the post reads.
The hotly contested project triggered transparency concerns when officials opted for the deal to go through a General Project Plan (GPP) in lieu of the traditional Uniform Land Use Review Procedure (ULURP) that would require a lengthy review and vote by the New York City Council. Political opponents were swift to praise Amazon’s change of heart, including Council Speaker Corey Johnson, who grilled Amazon executives in a pair of fiery Council hearings.
“I look forward to working with companies that understand that if you’re willing to engage with New Yorkers and work through challenging issues New York City is the world’s best place to do business,” Johnson said in a statement.
“I hope this is the start of a conversation about vulture capitalism and where our tax dollars are best spent. I know I’d choose mass transit over helipads any day,” Johnson added, referring to the private helipad Amazon had planned for executive joyrides.
While critics challenged the deal and argued Amazon wasn't delivering its fair share of incentives, others praised it as an economic boon for the city with not only an influx of jobs and tax revenue heading to city and state coffers, but also infrastructure upgrades including new school seats, parkland, and other improvements that are sorely needed in the booming neighborhood.
For many, Amazon HQ2 stoked fear over how it could irrevocably change the city. Now that the online retailer has pulled out of the deal, here’s a look at some of the major things Amazon is taking with it.
Jobs
Amazon would have reportedly generated $27.5 billion in city and state revenue over 25 years—a 9:1 ratio of revenue to subsidies. This arrangement was predicated on Amazon creating at least 25,000 jobs over the next decade—and up to 40,000—with an average salary of $150,000, the memorandum said. Another 1,300 jobs were in the pipeline for construction and some 107,000 in total direct and indirect jobs were anticipated, according to state estimates.
Amazon, the city, and state initially planned to commit $5 million each toward workforce development. The deal also planned for a local nonprofit to open a training center on the HQ2 campus to mentor and recruit Long Island City locals, according to the city. A $10 million expansion of the city’s JobsPlus program into the Queensbridge Houses—the largest public housing complex in the country—was set to take shape. Additionally, the de Blasio administration planned to launch a $3-5 million program geared toward training NYCHA residents for careers in IT, cybersecurity, and web development.
Infrastructure
To fund local infrastructure—streets, sidewalks, open space and the like—Amazon planned to utilize the city’s Payment In Lieu of Taxes (PILOT) program, estimated by former Deputy Mayor Alicia Glen at $600 to $650 million over four decades. Amazon would have also built a 600-seat school and 3.5 acres of public, open space along the waterfront at Anable Basin.
When the deal first landed, transit advocates and elected leaders promptly called on Amazon to beef up transportation infrastructure in Long Island City, worrying that existing options weren’t enough to serve the rapidly growing neighborhood. Advocates pointed to the ongoing bus and subway crisis plaguing the city and packed train cars that run on the 7 and G lines through the area.
HQ2 was also piggybacking off of city infrastructure investments that were already in the works, or in the midst of being proposed, including $46 million for sewer and water-main upgrades, $60 million for a new school and a new Long Island Rail Road stop, and $180 million in new spending for overall improvements to Long Island City, the city has said.
Economic Impact
As part of the contested incentives package, Amazon was to receive nearly $3 billion in tax breaks, abatements, and grants. The state was committing up to $1.7 billion in Excelsior Tax Credits and capital grants—again, based on Amazon’s delivery of job and investment commitments. On the city side of things, the Industrial Commercial Abatement Program (ICAP) would have abated approximately $386 million in property taxes, while the Relocation and Employment Assistance Program (REAP) would have been worth $897 million, according to city and state officials. Incentives aside, the state would have reportedly earned $14 billion in tax returns, and the city would have received more than $13.5 billion in tax revenue over a 25 year period.
But officials revealed at a January City Council hearing that the price tag to bring Amazon to Long Island City could have cost $987 million more than the city previously claimed because city estimates only accounted for the minimum job and infrastructure investments that Amazon was expected to make, according to a report from the Council’s Finance Committee.
Real Estate
Long Island City transformed from a buyer’s to a seller’s market practically overnight after Amazon’s HQ2 announcement. The change came after a slump that in October saw 13 percent of the area’s listings slash their prices. Real estate experts speculated that Amazon’s move to Long Island City could paved the way for other large companies to move into the neighborhood. Amazon’s sudden reversal will undoubtedly lead to “whiplash,” as one StreetEasy expert put it in a statement.
The HQ2 cancellation has sent some developers scrambling, namely family-run plastics company Plaxall that was initially due to rent 4 million square feet of Long Island City land to Amazon for its headquarters.
Amazon said Thursday that it doesn’t plan on restarting its search for another location. The company will still move forward with its HQ2 location in Crystal City, Virginia, and a smaller operations center in Nashville, Tennessee.
AND from the NY POST
HeLazyYO rips into AOC’s Amazon opposition: Working people ‘want jobs’
It’s a progressive civil war.
A hot-under-the-collar Mayor Bill de Blasio tore into Rep. Alexandria Ocasio-Cortez on Friday as he blistered both the online giant and local politicians who opposed bringing it to Queens.
“As a progressive my entire life — and I ain’t changing — I’ll take on any progressive anywhere that thinks it’s a good idea to lose jobs and revenue because I think that’s out of touch with what working people want,” the mayor said on WNYC radio.
Ocasio Cortez (D-Bronx/Queens) — who lobbed bombs at the $3 billion incentives package offered by city and state leaders — said Thursday that Amazon’s withdrawal from the deal showed that “everyday Americans still have the power to organize and fight for their communities and they can have more say in this country than the richest man in the world.”
The audio clip, played by WNYC host Brian Lehrer as he questioned de Blasio over Amazon’s shocking decision to withdraw, set the mayor on a tear.
Amazon would have paid $25Billion in NY taxes, and supplied NY with 1000s of jobs that paid quite well.I see a lot of people on the right giving Alexandria Ocasio-Cortez hell about her being outspoken against the tax breaks New York City and State were going to give Amazon to have a secondary HQ there, but that's about the one thing I agree with her on. Case and point, I paid more federal taxes in 2018 than Amazon did, who paid nothing and that's a problem
Amazon would have paid $25Billion in NY taxes, and supplied NY with 1000s of jobs that paid quite well.I see a lot of people on the right giving Alexandria Ocasio-Cortez hell about her being outspoken against the tax breaks New York City and State were going to give Amazon to have a secondary HQ there, but that's about the one thing I agree with her on. Case and point, I paid more federal taxes in 2018 than Amazon did, who paid nothing and that's a problem
Now NY gets nothing.
AOC is celebrating another state other than her own benefiting from this. And she apparently thinks she is soaking the rich.
That's textbook stupid.
Who do you think would have intimately paid Amazon's Corporate taxes? Did you think Bezos was going to cut a check out of his personal account, and then stomp his feet and cry?
Corp taxes are paid by the consumers.
You dumb naive fuck.Amazon will pay $0 in federal income taxes for the second year in a row
Gotta love the tax code that liberals passed!!!
What a load of lies.
Liberals didn't pass the tax code that allows so many loopholes and such a low tax rate for business.
In fact that last republican tax cut took the business rate for 35% down to 21%. Not one democrat voted for it.
None of the democrats voted for any of the bush boy tax cuts either.
So if you have a problem with business not paying their fair share thank the republicans.
Democrats have always tried to make business pay more in taxes.
How much in taxes did GE pay while they owned nbc under your negro messiah?
its a good day when people/companys get to keep their money and the government gets less
Amazon will pay $0 in federal income taxes for the second year in a row
Gotta love the tax code that liberals passed!!!
Corporations, (especially large ones) should not have to pay any taxes -- the more we take away burdens on business, the more they hire employees and raise wages -- that is why wages have went up so drastically over the past 30 or so years --- if we take away taxes completely -- wages will go up even higher
Amazon will pay $0 in federal income taxes for the second year in a row
Gotta love the tax code that liberals passed!!!
This is false furor over nothing. Amazon net income in 2017 was damn near zero.. Doesn't take much to "double zero" -- does it?. Net income (2018) was a mere $10Bill and just standard industry deductions for R&D and charity and amortization ate most of that up...
There WERE some Federal tax CREDITS applied. Go complain to the Congress critters that fill that feeding trough... Got nothing to do with the reductions from the tax bill.. In fact, the tax bill TOOK AWAY a lot of the corporate deductions that were being abused....
They pay zero taxes because they are largely STILL not running a substantial profit..
They pay zero taxes because they are largely STILL not running a substantial profit.
On paper.
WThell is that supposed to mean.. These are clinically precise terms. There's no substantial profits as a FEATURE of their business plan. Which is to KILL all the competition and have the entire country's wholesale marketplace "run thru their channel" -- just like the Amazon river the company was named after....
On paper. I own five corporations, all make substantial profits but don't show that profit because profit is transferred between the five depending on taxes.
Here is Amazon, try playing "Find the Profit."
The Complete Guide To Everything Owned By Amazon
I'm sorry, but the definitions still matter.. Just because Amazon scoops up and screws up Whole Foods, doesn't mean they're "hiding the pickle".... Whole Foods IS NOW Amazon.. And that's the way it's reported. Wasn't even a merger.
So that's a lame dodge. And casts doubt on you scenario of cross-distributing profits between corporations. Of COURSE you can pay dividends and gains to other individuals any way you want. But you CANNOT "hide profits" BETWEEN SEPARATE corporate entities legally without contracts that record the transfers.
Just cast a bunch of doubt about your executive abilities and basic economics/accounting cred..
