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WATCH: Former Treasury secretary compares Trump's attacks on Amazon to Mussolini (Original Post) pbmus Apr 2018 OP
Thank you. Chickensoup Apr 2018 #1
We are trying...and Welcome to DU.. pbmus Apr 2018 #2
Trump has many of the mannerisms GWC58 Apr 2018 #4
Of note is that tRumps tax cut allowed Amazon to pocket $738 million. CentralMass Apr 2018 #3

Chickensoup

(650 posts)
1. Thank you.
Sun Apr 8, 2018, 05:43 PM
Apr 2018

Well we know what Mussolini
did to his country at the end.
That is why we should speak
With one voice against what he doing to
our country before it is too late.

CentralMass

(15,265 posts)
3. Of note is that tRumps tax cut allowed Amazon to pocket $738 million.
Sun Apr 8, 2018, 06:02 PM
Apr 2018

While Anaxon hff as a lot of positives there are some nbn negatives too.


http://www.politifact.com/truth-o-meter/statements/2017/jul/26/donald-trump/amazon-no-tax-monopoly-donald-trump-said/

"Amazon pays taxes
Trump is wrong to say Amazon is not subject to tax.

Like other businesses, Amazon pays taxes on corporate income, property, payroll and unemployment insurance, said Joseph Henchman, the executive vice president of the business-backed Tax Foundation. Amazon has also recently changed its policy on state sales tax, he added.

According to regulatory filings, Amazon paid a combined total of $412 million in federal, state, local and foreign taxes last year. In 2015 it paid $273 million in combined taxes, and $177 million the previous year.

But Amazon has faced criticism for taking advantage of tax breaks and loopholes.

Only 13 percent of Amazon’s profits went to federal, state, local and foreign taxes from 2007 through 2015, according to an analysis by S&P Global Market Intelligence. For the sake of comparison, that’s about half the average amount S&P 500 companies paid over the same period.

Amazon’s combined tax burden also falls well below the official U.S. corporate tax rate of 35 percent. In fact, one study found Amazon paid just a 9.3 percent effective federal income tax between 2008 and 2012.

Nonetheless, Trump is wrong to say they’ve avoided tax collectors altogethe"

Not from the article.

Amazon has displaced a lot of re tr ail job an DC replaced them with fewer warehouse ord ar pi CVking jobs and us replacing many of the with automation..

They employ predatory and monopolistic business practices. Like selling products at a loss to drive competitors out of business and pushing their products o efficient third party sellers on their site.

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