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Re: Just heard Amazon is still NOT paying any federal tax..........How does that work. I wanna know LOL

By: capt_nemo in POPE 5 | Recommend this post (0)
Thu, 14 Feb 19 9:42 PM | 44 view(s)
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Msg. 24519 of 62138
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He fills the bill on that DE!!!!!! Amazing, the richest dewd in the world paying nada..........

Just heard they got rid of all loop holes but 2,,R&D and something to do with housing,,,,,,,,, Not sure on that one...........

and a talking head just said the reason jiffy pays no taxes, because he made NO profit, Really HAAAAAAAA I find that hard to believe but i am sure he is working that side of the loop holes as well......




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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The above is a reply to the following message:
Re: Just heard Amazon is still NOT paying any federal tax..........How does that work. I wanna know LOL
By: Decomposed
in POPE 5
Thu, 14 Feb 19 9:40 PM
Msg. 24517 of 62138

Nemo:

Re: "Just heard Amazon is still NOT paying any federal tax..........How does that work. I wanna know"
Bezos has some very good accountants who know the tax code. Between tax credits and exemptions, the company negates most of its income. Did you know that stock-based compensation of Executives is deductible? Also R&D expenses. Amazon is taking full advantage of both of these.


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