Message from @BarronVon

Discord ID: 688371138581233671


2020-03-14 12:58:40 UTC  

let's do it together.
323millipn x 1000 = what?

2020-03-14 12:59:07 UTC  

$323 billion per month

2020-03-14 12:59:17 UTC  

UBI doesn't cause inflation.

2020-03-14 12:59:31 UTC  

so what would 4 years of a yang presidency cost in UBI

2020-03-14 12:59:47 UTC  

Inflation is a rise in the general price level. Only three things cause it:
- Rise in supply of money
- Rise in the velocity of money
- Fall in productivity

2020-03-14 12:59:59 UTC  

323 billion x 12 x 4yrs = what

2020-03-14 13:00:02 UTC  

MATH

2020-03-14 13:00:02 UTC  

the government wasnt going to pay for it

2020-03-14 13:00:09 UTC  

if this is where you're getting at

2020-03-14 13:00:17 UTC  

who was?

2020-03-14 13:00:33 UTC  

companies such as amazon who pays $0 in federal taxes

2020-03-14 13:00:41 UTC  

lol is that serious?

2020-03-14 13:00:44 UTC  

That's because of accounting

2020-03-14 13:00:47 UTC  

yes

2020-03-14 13:00:48 UTC  

It's called carry forward losses

2020-03-14 13:00:53 UTC  

It's not tax avoidance.

2020-03-14 13:00:59 UTC  

amazon pays tax

2020-03-14 13:00:59 UTC  

Up until 2018 Amazon's profits were razor thin.

2020-03-14 13:01:02 UTC  

lots.

2020-03-14 13:01:07 UTC  

not federal

2020-03-14 13:01:08 UTC  

hundreds of millions infact

2020-03-14 13:01:56 UTC  

look at what I just posted in general chat

2020-03-14 13:02:12 UTC  

that's Amazon's most current 10k filing with the SEC

2020-03-14 13:02:43 UTC  

ur either very stupid about how taxes and business works or ur being purposefully ignorant

2020-03-14 13:03:04 UTC  

and are you suggesting that taxing Amazon and using that income is not the govt paying?

2020-03-14 13:03:30 UTC  

It's not a bad thing that Amazon didn't pay taxes

2020-03-14 13:03:34 UTC  

did u read this article? because it explained what deferring income tax from loses is

2020-03-14 13:03:37 UTC  

As in corporate tax.

2020-03-14 13:03:44 UTC  

its not.

2020-03-14 13:03:56 UTC  

it paid $0 in federal taxes

2020-03-14 13:04:02 UTC  

not true

2020-03-14 13:04:07 UTC  

true

2020-03-14 13:04:20 UTC  

it deferd losses

2020-03-14 13:04:24 UTC  

^

2020-03-14 13:04:33 UTC  

I mean I guess u dont care what that means or something

2020-03-14 13:05:00 UTC  

deferred means postpone

2020-03-14 13:05:02 UTC  

It doesn't matter if they didn't pay any in taxes.

2020-03-14 13:05:08 UTC  

It's called carryforward losses.

2020-03-14 13:05:11 UTC  

so no, it didnt pay any of federal taxes

2020-03-14 13:05:18 UTC  

ur kinda slow