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yortsed snacilbuper

(7,939 posts)
Mon Mar 4, 2019, 04:44 PM Mar 2019

Amazon's Hard Bargain Extends Far Beyond New York

When Texas officials pushed Amazon to pay nearly $270 million in back sales taxes in 2010, Amazon responded by closing its only warehouse in the state and scrapping expansion plans there. Two years later, the officials agreed to waive the past taxes in exchange for Amazon opening new warehouses.

A similar scene played out in South Carolina, where officials decided in 2011 to deny Amazon a sales tax break. After threatening to stop hiring in the state, the company got the tax exemption by promising to hire more people.

And last year in Seattle, the company’s hometown, Amazon halted plans to build one tower and threatened to lease out one under construction when local officials pushed a tax on large employers. The City Council passed a smaller version of the tax, but the company helped finance a successful opposition to repeal it. Now, Amazon plans to lease out its space in the tower under construction anyway.

https://www.msn.com/en-us/money/companies/amazons-hard-bargain-extends-far-beyond-new-york/ar-BBUkpDH?ocid=spartanntp

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Amazon's Hard Bargain Extends Far Beyond New York (Original Post) yortsed snacilbuper Mar 2019 OP
We dodged a bullet. Squinch Mar 2019 #1
New York Mostly Welcomed Amazon With Open Arms wellst0nev0ter Mar 2019 #4
amazon is trump org of retail. nt msongs Mar 2019 #2
This is why no corporation or individual should ever get any tax breaks any where KWR65 Mar 2019 #3
Amazon paid no federal income tax in 2017. moondust Mar 2019 #5
There is nothing new about what Amazon tried to pull in NYC... Wounded Bear Mar 2019 #6
The rich get richer on the backs of the poor and working class dalton99a Mar 2019 #7
 

wellst0nev0ter

(7,509 posts)
4. New York Mostly Welcomed Amazon With Open Arms
Mon Mar 4, 2019, 06:12 PM
Mar 2019

and the corporate oligarch took its ball and ran once a few socialists gained some power.

Good.

KWR65

(1,098 posts)
3. This is why no corporation or individual should ever get any tax breaks any where
Mon Mar 4, 2019, 06:09 PM
Mar 2019

Every business and individual should be charged the same tax rate no matter what. It is unfair for the government to give one business or individual a tax break while others pay full taxes on their business or income.

moondust

(19,993 posts)
5. Amazon paid no federal income tax in 2017.
Mon Mar 4, 2019, 06:29 PM
Mar 2019

On $5.6 billion in profit.

http://www.snopes.com/fact-check/amazon-federal-taxes-2017/

So Amazon makes a lot of that money shipping stuff on U.S. highways and some years they don't even have to help pay for their construction and maintenance? Heckuva deal, Jeffy.

Wounded Bear

(58,670 posts)
6. There is nothing new about what Amazon tried to pull in NYC...
Mon Mar 4, 2019, 06:34 PM
Mar 2019

Corporations have been doing it for years. Meanwhile, our country is falling apart because of lack of revenues.

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