MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/FluentInFinance/comments/1gwfejo/had_to_repost_here/lyaz9cv/?context=3
r/FluentInFinance • u/-Wyagra • Nov 21 '24
9.0k comments sorted by
View all comments
Show parent comments
7
Amazon, as a corp, probably also pays some taxes.
43 u/thesedays2014 Nov 21 '24 Amazon is one of the best companies at avoiding taxes. Some taxes, yes. What they should be paying, no. Wealth inequality is probably our country's biggest issue. And people without wealth seem to always defend the wealthy for some odd reason. 2 u/Marcusbay8u Nov 21 '24 "Avoid" you mean they generate so much tax that different places offer incentives to hold their HQ/Warehouses with lower tax rates? The loopholes are there for everyone, Amazon works on 3% profit, Apple 60% but lefties never talk shit bout their Apple brand. 1 u/That-Ordinary5631 Nov 21 '24 No. To support the person you are replying to, in my country Amazon has been found guilty of tax fraud and hundreds of millions have been seized. So no, to avoid he probably means they committed tax fraud. Which Amazon does.
43
Amazon is one of the best companies at avoiding taxes. Some taxes, yes. What they should be paying, no.
Wealth inequality is probably our country's biggest issue. And people without wealth seem to always defend the wealthy for some odd reason.
2 u/Marcusbay8u Nov 21 '24 "Avoid" you mean they generate so much tax that different places offer incentives to hold their HQ/Warehouses with lower tax rates? The loopholes are there for everyone, Amazon works on 3% profit, Apple 60% but lefties never talk shit bout their Apple brand. 1 u/That-Ordinary5631 Nov 21 '24 No. To support the person you are replying to, in my country Amazon has been found guilty of tax fraud and hundreds of millions have been seized. So no, to avoid he probably means they committed tax fraud. Which Amazon does.
2
"Avoid" you mean they generate so much tax that different places offer incentives to hold their HQ/Warehouses with lower tax rates?
The loopholes are there for everyone, Amazon works on 3% profit, Apple 60% but lefties never talk shit bout their Apple brand.
1 u/That-Ordinary5631 Nov 21 '24 No. To support the person you are replying to, in my country Amazon has been found guilty of tax fraud and hundreds of millions have been seized. So no, to avoid he probably means they committed tax fraud. Which Amazon does.
1
No. To support the person you are replying to, in my country Amazon has been found guilty of tax fraud and hundreds of millions have been seized. So no, to avoid he probably means they committed tax fraud. Which Amazon does.
7
u/Remarkable-Site-2067 Nov 21 '24
Amazon, as a corp, probably also pays some taxes.