Posted on 05/01/2018 5:03:07 PM PDT by boycott
Amazon is now under scrutiny from both sides of the aisle, as Sen. Bernie Sanders echoed President Donald Trump's criticism of the e-commerce giant in a tweet this week.
"You know what Amazon paid in federal income taxes last year? Zero," the 2016 Democratic presidential hopeful said in a tweet Monday evening.
The Vermont senator linked to a Forbes article, which pointed to CEO Jeff Bezos' rise in net worth as Amazon's stock benefited from a huge earnings beat last week. Bezos, the world's richest man by Forbes' estimates, added $9 billion to his own value as the stock shot up.
(Excerpt) Read more at cnbc.com ...
While paying no taxes, multi-billionaire Bezos lobbies for YOUR TAXES TO GO UP.
This isn’t tax evasion-——they don’t collect it,they don’t owe it——the consumer does.
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Jet.com (owned by Walmart) is a great alternative to Amazon. They don’t have everything but they do most. You don’t pay delivery if order is $35+.
I am not a huge Walmart fan but at least they’re doing better trying to avoid the culture wars. They charge you taxes too as Amazon should be doing.
” .... they don’t collect it,they don’t owe it——the consumer does. “
Well clearly that’s not working. Why are other businesses required to collect but they’re not?
Amazon is killing all retail stores, mall etc.
Amazon pays no taxes but retailers do = unfair playing feild.
Amazon uses the U.S. taxpayer subsidized post office anotther unfair subsidy.
All should be equal under the law why taxes for some but not others, subsidies for some and not others . Unconstitutional. Punish Liberal Amazon now and conservatives must create alternatives to Amazon,facebook, Google etc. or we are done
A start is this privacy browser. has it's own search engine, encrypted , vpn , proxy options which hide your ip , and doesn't allow google nor any other company to track you . Lists all trackers sometimes a 100 are tracking you . It's great I've used this for months and love it.
Slippery slope here, folks.
This is Dems firing a warning shot that they want to make shareholders pay Fed Income Taxes on unrealized stock gains, each year. Currently, if you don't sell, you don't pay taxes on gains and you don't get to deduct losses.
If they retake the House, Senate and White House, I'm sure we will see a bill like this. And I'm pretty sure that they won't let you take unrealized losses. You'll just pay tax on the gains.
bmp
Laws need to change. If one business is required to collect taxes (state & LOCAL), Amazon should too. It would be unfair to burden one business but not the other.
You’d go for zero taxes if you could, right?””
Nope. And I would rather see my state collect it then some antiamerican tax evader from NJ or wherever the hell he’s from. I would prefer paying taxes in my state over sending taxes to the DC lawyer politicians.
Actually, I think Walmart has the best customer service out there. I once needed a copy of a receipt that was 4 months old. I called them, they took my name, and phone number, and texted me an hour later with a copy for pickup from the store’s accountant.
Yes to legitimate local taxes for those things the government is responsible to provide, like roads.
No to federal income tax, which is wealth redistribution devised by communists calling themselves progressives.
To all who think Bezos and Amazon are the free market at work:
We do not have a free market! We have enormous, pervasive regulation, and the most wealthy and ruthless exploit the system to their advantage, via their vast legal resources and their ready illegal bribery. It is rest of us who subsidize their illicit exploitation.
If we allow Congress to allow these Crony Communists - yeah, you read that right - to continue to flout all accountability (fiscal and legal), then we are enabling them to make the ropes by which the liberties of all of us, including the snarky free market fanboys, will be hung, then drawn and quartered.
Bezos and Zuckerberg are de facto communists. They want uniform, coerced collectivism, with the masses earning minimum wages while dependent on an all-powerful centralized government, while they amass all wealth and do as they please.
(No one loves money more than a commie: They love it so much that they won’t share it with the rest of us.)
And like true communists, both are ruthlessly committed to using leftist propaganda to drown out any dissenting conservative voice. Facebook and WaPo are two modern variations of Pravda masquerading as private enterprise. They are the propaganda arm of the Swamp.
Donald Trump is right: Free Trade is not Fair Trade. Likewise, Free Business is not Fair Business - not with this Regulatory Tyrrany.
To all the knowing snarkers, I say this: Get rid of all the regulations that strangle regular folks who lack the ability to buy off politicians, then I’ll cut the Robber Barons some slack - not until.
It is like the pseudo-libertarians (hello, Koch-Ah Brothers) who adamently preach open borders but do not first demand destruction of all governmental welfare.
Your point is one that must be understood.
I don’t like the way it is. I used to enjoy buying books from Amazon but refuse to do business with them. I am sure I would buy other things from them too but refuse.
Points well taken.
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