posted on Mar, 6 2018 @ 07:44 PM
a reply to: Southern Guardian
This is false. Not sure where they're getting their numbers but amazon's EBITDA (earnings before interest, tax, deductions, and annuities) last year
was 4.65 billion (51 billion less than the fox article claims). They paid 769M in taxes, though admittedly that's ALL taxes, not just federal. But
that's about 16.5% of their earnings. Right on par with everyone else.
Furthermore, any income distributed from these profits were federally taxed, gains (in the form of dividends or stock appreciation) were also taxed
Also, this was the Barack Obama tax plan, not the trump tax plan. So blame Obama.
Here's a link to their annual summary, have a look for yourself: finance.yahoo.com...
edit on 6-3-2018 by Dfairlite because: (no reason given)