I Have a Question

why did EVERYONE HERE
pay Less taxes than

Amazon, a trillion dollar company

they got 129 million BACK
no taxes at all.

thoughts?

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Mamapolo2016 · F

Because - at least part of the reason - the government(s) Federal, state and local, offer incentives to companies for new jobs, among other things, often as tax deductions.

Blame the writers of the tax code.

SatyrService · M

@Mamapolo2016 but it is NOT in the tax code, most of this is special relationship with politicians.

the government(s) Federal, state and local, offer incentives to companies for new jobs, among other things, often as tax deductions.

and so Seattle, who GAVE THEM years off taxes? well when they said hey! that is over! please pay your taxes

they announced they were moving away.

the tax code is dictated by the politicians

all the biggest corps pay no taxes

Mamapolo2016 · F

@SatyrService All I know is what I read about Amazon & taxes recently.

Of course there are offerings to attract and keep businesses - until we drive them away.

Amazon was planning to hire 25,000 employees at that New York facility. That's a lot of tax money and income pouring into the economy, which is presumably what tax money is for - unless you want to use taxes to bludgeon corporations into leaving the US, so we won't have jobs, the employees' taxes OR the corporation's taxes. There is always someplace else they can go.

SatyrService · M

@Mamapolo2016 Jobs?? you mean the millions of jobs that have been sent overseas the last 20 years? where they offer them Tax Intensives and or 3rd world labor rates
that is not good for us either.
why not just pay the tax they are supposed to?
you and I have to.

here, look at this chart of negative taxes.

Mamapolo2016 · F

@SatyrService I don't know about you, but I can't hire 25,000 people.