Posted on 04/01/2021 7:49:45 AM PDT by Navy Patriot
President Joe Biden on Wednesday singled out Amazon.com Inc for not paying federal taxes during his address in Pittsburgh, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.
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Biden said Amazon was one of 91 Fortune 500 companies that "use various loopholes where they pay not a single solitary penny in federal income tax," in sharp contrast to middle class families paying over 20% tax rates.
"I don't want to punish them but that's just wrong," he said.
(Excerpt) Read more at newsmax.com ...
When the enemy is eating itself, we either need to help, or get out of the way.
Embrace the healing power of "and".
“I don’t want to punish them but that’s just wrong,” he said.
Ohhhh, that’s cute! Gentle Ole Uncle Joe is going to shame Amazon into paying it’s “fair share”.
Get a clue, Joe! Those ‘loop-holes’ that you refer to are the product of corporate lobbying & political graft. I’m sure that your bank accounts benefited more than a little from such activity.
Yep, Biden has a near fifty year history of being paid handsomely for writing Federal Income Tax Policy favorable to certain Corporations, and not others.
Biden should name one employee or stockholder that isn’t paying taxes.
Yes, Monopoly and anti-trust laws. They went by the wayside with that old crumbly document, what did they call that thing again? Oh right, the Constitution.
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