Posted on 05/25/2020 4:26:49 AM PDT by gattaca
'Assume your complaint is w/ the tax code, not Amazon'
Amazon fired back at Joe Biden on Friday after presumptive Democratic presidential nominee told the company it needs "to pay its fair share" in taxes.
The former vice president not only declared that Amazon must "pay its fair share," but he claimed the company pays less in taxes than firefighters and teachers.
"I've said it before, and I'll say it again: No company pulling in billions of dollars in profits should pay a lower tax rate than firefighters and teachers. It's time for Amazon to pay its fair share," Biden said.
However, Biden's claims are not congruent with the truth.
Amazon — which has become a proverbial punching bag for the Democratic Party while arguing for increased taxes — published its 2019 tax profile in January amid increased scrutiny from Democrats.
The data showed that Amazon collected and paid more than $10 billion in taxes last year, which included:
More than $1 billion in federal income tax expense More than $2.4 billion in other federal taxes, like payroll tax and customs duties (tariffs) More than $1.6 billion in state and local taxes Amazon also collected and remitted nearly $9 billion in sales and use taxes Amazon fired back those facts in response to Biden's criticism.
".@JoeBiden We pay every cent owed. You spent 3 decades in the Senate & know that Congress wrote these tax laws to encourage companies to invest in the US economy. We have. 500k jobs w/ a min wage of $15/hr across 40 states," the company wrote on Twitter.
"Assume your complaint is w/ the tax code, not Amazon," the company added.
Maybe $$ will override his idealism
it’s happened before many times
And not likely to get one now!
Joe, Joe! Jeff Bezos Owns Amazon and The Washington Post! DON’T PISS HIM OFF!
Dimwit Joe meant “My son should be on you board”. Sorry,
calling Joe a Dimwit is an insult to Dimwits everywhere.
BIDEN IS A COWARD! Whether he is just following his handler’s orders, or is just chickensh*t himself, he is hiding in his cave, afraid to come out. Every other politician is out and about, trying to get votes, but he has been told that he is a shoe-in, so he can hide in his cave. BIDEN IS A COWARD!
Speaking of tax...
Kevin Sorbo
@ksorbs
This should be on a giant billboard in every city in the US.
“America does not need to see the tax return of a billionaire who became a public servant. America needs to see the tax returns of public servants who became millionaires while being public servants.”
9:57 AM · May 24, 2020
Bwahahaha! Dream on.
There are NO such things as business taxes. The end users pays all.
‘Fair share’?
How does he have the face to make that kind of statement… since he’s under investigation for fraud in office, ‘quid pro quo’, and other corruption and malfeasance from his 8 year-long crime spree as VP?
‘Fair share’? I mean, he ought to choke on the words!
BTTT
No company or individual is expected to pay more than required by the Internal Revenue Code. One Judge that got it was Learned Hand. He wrote:
“Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.”
Commissioner v. Newman, 159 F.2d 848, 851 (2d Cir. 1947) - dissenting opinion
“he is hiding in his cave, afraid to come out”
At his advanced age, if he catches covid he is likely dead.
The irony, is that months spent in isolation will weaken his immune system. So if they can’t find a vaccine before the election his concession speech will be from the basement.
Slow Pervy Joe doesn't know what day of the week it is but he knows if you don't vote for him you ain't black and the dem puppet teachers union pays lots of taxes.
One of my neighbors had several severe strokes. His speech and thoughts were garbled. After about a year, they put him on an alzheimer’s medicine and how he can talk relatively well- not sure the name.
I am being they put Joe on this as his speech has improved and he is quicker with responses. Also, hillary seems to be better from her time campaigning last time.
Good drugs for thee but not for me.
Gee, Public teachers and firefighters Derive 100% of their income from taxes So they benefit immensely from other people’s’ taxes.
Amazon only gets a fraction of its revenues from the public sector.
“The data showed that Amazon collected and paid more than $10 billion in taxes last year..”
Yeah but it’s not “10 GABILLION” so therefore “Amazon pays no taxes.”
From the Urban dictionary:
Gabillion
A number so immense that it cannot be comprehended with the human mind. So large that the word large doesn’t begin to describe it.
https://www.urbandictionary.com/define.php?term=gabillion
We heard Biden’s “Bluster from the Bunker” today, talking about jobs from the basement. The money ain’t important, but having one is (except the democrats don’t want you to have one). BIDEN IS A COWARD! He is the hermit crab! Do the democrats really want this ground hog to rule them? No, they have someone else in mind.
Joe lied, people buyed.
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