Message from @Nator1ous
Discord ID: 688371842838429927
companies such as amazon who pays $0 in federal taxes
lol is that serious?
That's because of accounting
yes
It's called carry forward losses
It's not tax avoidance.
amazon pays tax
Up until 2018 Amazon's profits were razor thin.
lots.
not federal
hundreds of millions infact
look at what I just posted in general chat
that's Amazon's most current 10k filing with the SEC
ur either very stupid about how taxes and business works or ur being purposefully ignorant
and are you suggesting that taxing Amazon and using that income is not the govt paying?
It's not a bad thing that Amazon didn't pay taxes
did u read this article? because it explained what deferring income tax from loses is
As in corporate tax.
its not.
not true
true
it deferd losses
^
I mean I guess u dont care what that means or something
deferred means postpone
It doesn't matter if they didn't pay any in taxes.
It's called carryforward losses.
so no, it didnt pay any of federal taxes
ur kinda slow
I'll try harder
Taxing them higher isn't a solution.
Infact it's a bad thing.
i was interrupted
GG @Nator1ous, you just advanced to level 8!
show me where u used that they paid no taxes... just cite the page
i just did
this is their recent filings for the SEC it shows the taxes paid
also thats 2019