Amazon Not Paying Federal Income Taxes on $11.2 Billion Profits [fortune.com]
Amazon paid no federal taxes for the second year in a row [www.foxbusiness.com]
Amazon Will Pay $0 in Federal Taxes For Second Year: Report [splinternews.com]
Amazon in Its Prime: Doubles Profits, Pays $0 in Federal Income Taxes [itep.org]
Amazon's HQ2 decision is caught in a political firestorm, its CEO is tabloid fodder, its guidance was weak - and its stock hasn't budged. Here's why. (AMZN) | Markets Insider [markets.businessinsider.com]
403 - Forbidden [www.huffingtonpost.in]
Amazon to pay $0 in federal income taxes: report [thehill.com]
New York Doesn’t Need Amazon’s Sweetheart Deal [www.nytimes.com]
Amazon Cancels HQ Plan for NYC [xconomy.com]
Amazon will pay $0 in federal income taxes for the second year in a row [theweek.com]
How Amazon avoids paying taxes [www.businessinsider.com]
Are you a robot? [www.bloomberg.com]
Subscribe | The Seattle Times [www.seattletimes.com]
Amazon made an $11.2bn profit in 2018 but paid no federal tax [www.theguardian.com]
Amazon drops plans for headquarters in New York City [theweek.com]
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People hating on Amazon are directing their wrath at the wrong target.— The Hoarse Whisperer (@HoarseWisperer) February 15, 2019
Companies pay what the law requires.
Republicans loot the workforce to enrich the powerful.
Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits https://t.co/ot11CApzbz
Thinking about @Amazon having $11.2 billion of untaxed profit. If I or my company ever made that much, I think it'd be fun to stay up late & fund every Kickstarter, GoFundMe, etc. especially those for medical needs or emergencies. What would you do with it?https://t.co/Mr6eC9YqYs— Kambri Crews (@kambri) February 15, 2019
Sources:— Nate Lerner (@NathanLerner) February 15, 2019
Wealth gap largest since 1920s: https://t.co/jDLecCEg0q
Americans with less than $1000 in savings: https://t.co/ChOhDwrkuM
Amazon pays $0 taxes: https://t.co/I6yvnaMwBS
Record national debt: https://t.co/5jmjgPw76S
Record late car payments: https://t.co/L4pr6zTaGB
If you paid the $119 annual fee to become an Amazon Prime member, you paid more to Amazon than it paid in taxes.— Bernie Sanders (@SenSanders) February 15, 2019
Our job: Repeal all of the Trump tax breaks for the top 1% and large corporations and demand that they pay their fair share in taxes. https://t.co/qDt4YoL5Z4
Amazon made $16.8 billion in profits over the past two years but have paid ZERO in federal income taxes. In fact it got a $269 million tax refund.— Bernie Sanders (@SenSanders) February 13, 2019
Our job: Demand large corporations pay their fair share in taxes so that we can rebuild the disappearing middle class.
“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.”— Ben (@BenHowe) February 15, 2019
I’m betting that would’ve paid for a few fire trucks and desks. https://t.co/FHg3BlBaUy
Amazon is paying $0 in taxes on $11+ billion in profit.— Alexandria Ocasio-Cortez (@AOC) February 14, 2019
$0 for schools.
$0 for firefighters.
$0 for infrastructure.
$0 for research and healthcare.
Why should corporations that contribute nothing to the pot be in a position to take billions from the public? https://t.co/IdsuKaVOTU
I’ll add that stock based compensation also played a large role in reducing taxable income. To know more would require an actual look at their tax return which I don’t think they would willingly send. The annual report pretty much stops at “Tax Credits”https://t.co/EwcBUqrfyC— Steven Perdurtle (@StovePortal) February 15, 2019
Amazon doubled profits in 2018 but paid $0 in federal income tax. Meanwhile, working class Americans are seeing significantly lower tax refunds as they pay for the #TrumpTaxScam.— Fight For 15 (@fightfor15) February 15, 2019
It's time to stop the corporate welfare and #RaiseTheWage https://t.co/BRNRQDv49V pic.twitter.com/RjLiqfzzjp
Amazon is filing its corporate tax return. How much tax does it claim it owes on its $11.2 billion profit (twice that of the previous year)?— Thomas Pogge (@ThomasPogge) February 14, 2019
Hint: the statutory 21% would come to $2,352 million.
Answer: Amazon claims it owes MINUS $129 million (MINUS 1%). https://t.co/0kkq7WQFms
🤔"Far from paying the statutory 21 percent income tax rate on its U.S. income in 2018, Amazon reported a federal income tax rebate of $129 million. For those who don’t have a pocket calculator handy, that works out to a tax rate of negative 1 percent." 🤔 https://t.co/ZGD1voMDZy— RT Boom Bust (@BoomBustRT) February 15, 2019
Meanwhile: @amazon will not pay any federal income taxes for the second year in a row, according to the Institute on Taxation and Economic Policy. It reported $11.2 B in profits in '18, but did not pay income tax bc of unnamed “tax credits." https://t.co/iTmGLKnTos— Liz Benjamin (@CTLizB) February 14, 2019
Corporations like Amazon are the rule not the exception.— Schools and Communities First (@Schools1stCA) February 15, 2019
We MUST end tax giveaways to massive corporations and invest in our schools, our infrastructure, our communities. We can do this in CA & it starts w. the @Schools1stCA initiative in 2020. #prop13https://t.co/IbaDUDShYz
An important perspective to include, and not one I've seen in a lot of reporting on the issue. I suspect like many folks, I have mixed feelings on Amazon backing out of the NYC deal, but @brycecovert makes a convincing case that NY isn't missing out: https://t.co/tIoF1RynYx https://t.co/gjTDQQNhUd— Jill Filipovic (@JillFilipovic) February 15, 2019
Lesson from Amazon NYC debacle: "Big dollar tax breaks aren’t going to save [urban] economies...The best way to compete is to invest in the attributes that make them attractive to employers, like education and infrastructure..." Amen. https://t.co/72LQXVJa1d— Tom Sugrue (@TomSugrue) February 14, 2019
So much Bullshit regarding #amazon coming from cable news conversation. Let us have a thoughtful conversation about the winners and losers and the reams of data on what happens in deals like this on @StandUpWithPete today. Start w @brycecovert https://t.co/bD9sTl65u0— Pete Dominick (@PeteDominick) February 15, 2019
#2 ... Soooooo liberal #JeffBezos who owns much of #Amazon feels taxes are good for everyone else but not his co. ... #Amazon will pay $0 in federal income taxes for the 2nd year in a row.— George Washington Pundit (@GeoWashPundit) February 13, 2019
His attacks on Trump just a tax evasion smokescreen. Liberals... https://t.co/4BjiY4BCzp
For the second year, @amazon not paying a single cent of taxes on its record 11.2bn profits. We need a strategy against corporate tax avoidance and profit shifting to #taxhavens. Trump's joke of a #taxreform making it worse. It's theft. #twitterstorians https://t.co/LjeDyWI11C— vanessa ogle (@vanessahistory) February 15, 2019
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