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To: Navy Patriot

Unless they change the rules for depreciation and amortization...Amazon will not pay taxes for the foreseeble future.

You know all of those Amazon trucks rolling around; those new warehouses; and all of the capital investment....the depreciation on those assets (and all of the ones from the previous years) are taken as expenses.

I know its “cool” now to hate rich people. And they point at Musk and Bezos as “not paying taxes” as something bad.

So, Biden is either a liar—because he knows how the tax system works, or he is a real idiot. We know that the Dems think “WE” are idiots. And if people believe them, they are.


8 posted on 04/01/2021 7:58:56 AM PDT by Vermont Lt
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To: Vermont Lt

What is the total number of employees Amazon hires in the USA. ??


46 posted on 04/01/2021 9:57:41 AM PDT by ridesthemiles ( )
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To: Vermont Lt
So, Biden is either a liar—because he knows how the tax system works, or he is a real idiot.

Embrace the healing power of "and".

62 posted on 04/01/2021 1:18:37 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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