Posted on 05/25/2020 4:26:49 AM PDT by gattaca
'Assume your complaint is w/ the tax code, not Amazon'
Amazon fired back at Joe Biden on Friday after presumptive Democratic presidential nominee told the company it needs "to pay its fair share" in taxes.
The former vice president not only declared that Amazon must "pay its fair share," but he claimed the company pays less in taxes than firefighters and teachers.
"I've said it before, and I'll say it again: No company pulling in billions of dollars in profits should pay a lower tax rate than firefighters and teachers. It's time for Amazon to pay its fair share," Biden said.
However, Biden's claims are not congruent with the truth.
Amazon which has become a proverbial punching bag for the Democratic Party while arguing for increased taxes published its 2019 tax profile in January amid increased scrutiny from Democrats.
The data showed that Amazon collected and paid more than $10 billion in taxes last year, which included:
More than $1 billion in federal income tax expense More than $2.4 billion in other federal taxes, like payroll tax and customs duties (tariffs) More than $1.6 billion in state and local taxes Amazon also collected and remitted nearly $9 billion in sales and use taxes Amazon fired back those facts in response to Biden's criticism.
".@JoeBiden We pay every cent owed. You spent 3 decades in the Senate & know that Congress wrote these tax laws to encourage companies to invest in the US economy. We have. 500k jobs w/ a min wage of $15/hr across 40 states," the company wrote on Twitter.
"Assume your complaint is w/ the tax code, not Amazon," the company added.
I bet Joe would have trouble even completing his name on a tax return - first step!!
I think it’s possible for both Biden and Bezos to be wrong, but for different reasons. In fact, it’s not only possible, but a perpetual truism.
Sorry, but he is not much older than Trump, or many of the Governors that are out campaigning every day. I am old and at real risk, but I will be damned if I will stay in a cave. We go out responsibly, keeping our distance, wearing masks where appropriate, and taking necessary precautions. But will be damned if I will spend the last few years I have left hiding in a basement. Everyone NEEDS sunshine, and sonshine.
Biden Center received over $70 million in bribes from “anonymous donors”. That on top of $1.4 billion given to him from the communists to his son.
BTW what ever happened to that money?
The Fox poll still has Slow Joe leading by about 20 pts.///
What is it with FOX and bad polling?
The drumbeat of that narrative was first regurg'ed by AOC during her campaign to keep Amazon's expansion and all those jobs out of NYC. My old friend (leftist) from NY state bitched about Amazon being the only entity making money during what has been, after all, the Demagogic Party National Shutdown.
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