Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 688372118810918956
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.
it paid $0 in federal taxes
not true
true
it deferd losses
^
I mean I guess u dont care what that means or something
deferred means postpone
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
and of 2019
yes that's what year ur article referred to
since we havnt paid 2020 taxes yet
it referred to 2018
o h perfect. it has both on that link
have u ever seen a balance sheet before? they compare year prior always
no im 17, ive never paid taxes before