Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits

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Lemons
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Billie.jeens wrote: Fri Mar 08, 2019 7:30 am In reality Corporations never pay taxes -

People pay taxes .
So profound! We’ve never heard that before!
Billie.jeens
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Lemons wrote: Fri Mar 08, 2019 2:45 pm
Billie.jeens wrote: Fri Mar 08, 2019 7:30 am In reality Corporations never pay taxes -

People pay taxes .
So profound! We’ve never heard that before!

Maybe heard
Definitely not learned.
“Modern journalism is all about deciding which facts the public shouldn’t know because they might reflect badly on Democrats."
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Billie.jeens wrote: Fri Mar 08, 2019 2:49 pm
Lemons wrote: Fri Mar 08, 2019 2:45 pm
Billie.jeens wrote: Fri Mar 08, 2019 7:30 am In reality Corporations never pay taxes -

People pay taxes .
So profound! We’ve never heard that before!

Maybe heard
Definitely not learned.
Ok, how about "most of us pay more in Federal taxes than the billionaire Amazon "people".
Billie.jeens
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Lemons wrote: Fri Mar 08, 2019 3:09 pm
Billie.jeens wrote: Fri Mar 08, 2019 2:49 pm
Lemons wrote: Fri Mar 08, 2019 2:45 pm

So profound! We’ve never heard that before!

Maybe heard
Definitely not learned.
Ok, how about "most of us pay more in Federal taxes than the billionaire Amazon "people".

How do you know what their personal tax burden is?
“Modern journalism is all about deciding which facts the public shouldn’t know because they might reflect badly on Democrats."
Libbylu2
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Carpy wrote: Fri Mar 08, 2019 7:57 am How many of you enjoy that "free" shipping?
I don’t.
I always paid shipping and taxes.

But I’m going to stop Online shopping, in order to support the malls and the big box stores from now on. The Online shoppers are putting stores out of business. It’s unfair.
Carpy
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Lemons wrote: Fri Mar 08, 2019 2:36 pm
Carpy wrote: Fri Mar 08, 2019 7:57 am How many of you enjoy that "free" shipping?
You know it’s not free right? It’s added to the price of the item. And people need to shop local as much as they can. And that doesn’t mean nasty Walmart.
Not quite. Amazon collects around 6 billion a year on prime memberships. Memberships are not taxable. One of those benefits is free shipping. They spend roughly a billion a quarter on shipping. Shipping costs are tax deductable. They don't need to add that cost to product price. You do the rest of the math.
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Libbylu2 wrote: Fri Mar 08, 2019 3:38 pm
Carpy wrote: Fri Mar 08, 2019 7:57 am How many of you enjoy that "free" shipping?
I don’t.
I always paid shipping and taxes.

But I’m going to stop Online shopping, in order to support the malls and the big box stores from now on. The Online shoppers are putting stores out of business. It’s unfair.
I try to avoid shopping online as well. Here in the sticks now and then I have to. Mostly for bird stuff. I have a two hour drive to go to a place that carries much for large birds.
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Libbylu2 wrote: Fri Mar 08, 2019 3:38 pm
Carpy wrote: Fri Mar 08, 2019 7:57 am How many of you enjoy that "free" shipping?
I don’t.
I always paid shipping and taxes.

But I’m going to stop Online shopping, in order to support the malls and the big box stores from now on. The Online shoppers are putting stores out of business. It’s unfair.
How is it unfair? They have a better business model. Aside from Trump’s tax breaks, what isn’t fair?

You might not like the idea, but I don’t think anything is unfair about the situation. Netflix put Blockbuster out of business. They provided a more convenient service at a better price, so they got enough business. Blockbuster failed to stay competitive, move fast enough, and figure out what people want. That’s the way it is, that’s how things move forward.
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SolidlyAverage wrote: Fri Mar 08, 2019 6:35 pm
Libbylu2 wrote: Fri Mar 08, 2019 3:38 pm
Carpy wrote: Fri Mar 08, 2019 7:57 am How many of you enjoy that "free" shipping?
I don’t.
I always paid shipping and taxes.

But I’m going to stop Online shopping, in order to support the malls and the big box stores from now on. The Online shoppers are putting stores out of business. It’s unfair.
How is it unfair? They have a better business model. Aside from Trump’s tax breaks, what isn’t fair, exactly?

You might not like the idea, but I don’t think anything is unfair about the situation. Netflix put Block Buster out of business, is that unfair?
The best department stores and even smaller stores that people have loved for many decades are going out of business because people are shopping at Amazon and others.
And yes, we loved to rent movies at Blockbuster
(Think of all the employees who will lose their jobs .)
I think it’s unfair.
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Libbylu2 wrote: Fri Mar 08, 2019 6:38 pm
SolidlyAverage wrote: Fri Mar 08, 2019 6:35 pm
Libbylu2 wrote: Fri Mar 08, 2019 3:38 pm

I don’t.
I always paid shipping and taxes.

But I’m going to stop Online shopping, in order to support the malls and the big box stores from now on. The Online shoppers are putting stores out of business. It’s unfair.
How is it unfair? They have a better business model. Aside from Trump’s tax breaks, what isn’t fair, exactly?

You might not like the idea, but I don’t think anything is unfair about the situation. Netflix put Block Buster out of business, is that unfair?
The best department stores and even smaller stores that people have loved for many decades are going out of business because people are shopping at Amazon and others.
Abdvyes, we lived to rent movies at Blockbuster
I think it’s unfair.
What is unfair, though? That’s what I’m asking. You don’t like that brick and mortar stores are going under, but that doesn’t mean it isn’t “fair.” It’s a shame, maybe

Saying it’s unfair implies that one company has some benefit that the other doesn’t. Having a better business isn’t unfair, it’s perfectly fair and one company just did a better job.

So what isn’t “fair” about the situation?
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