Only a democrat would say this...

[flacaltenn]

When companies like HAL and Amazon pay no taxes on billions made ,,when CEO's get paid 2000 times more than their workers you think thats what??? The 1% have been getting away with that for way too long And some idiot calls it theft by democrats

Amazon pays no taxes because they make no profits. They plow every dollar earned into corporate expansion and development LEGALLY according the tax laws... If leftist knew how things work, they would live longer being relieved of all their phony outrage...

You know why GE pays no taxes right? Bernie PRETENDS he doesn't know, but he was complicit in setting them up with enough tax credits to last them a lifetime...

PJ O'Rourke wrote a book called "Eat the Rich".. You should read it. Because it's funny as hell and truly accurate.. In it he describes what happens if you took the CEO of a large tire firm out to the parking lot, tarred and feathered him/her, stripped them of the salary, and divided that amongst all the employees.. The math on it says that the employees MIGHT get enough individually to buy a set of 4 tires at company discount for that year..

But in the FOLLOWING year, when they found another CEO STUPID AND NAIVE enough to take that risk of being tarred and feathered --- they'd probably LOSE so much corporate income and efficiency that at LEAST 10 or 15% would face layoffs...

These are not NORMAL JOBS.. They are not EVEN jobs. They are life commitments. Because you have no life monitoring and running maybe 4 or 6 businesses with maybe 10 manufacturing sites worldwide... Employees don't WANT to take risks. They don't WANT to be on call and traveling around the world for years to the detriment of their lives and families.. And they DON'T want the responsibilities..

That's why the vast MAJORITY of a CEO's package is NOT salary.. It's equity stock ownership in the company. And most leftists don't know how this work.. Giving a new CEO an ownership stake in company takes not a PENNY from any worker.. Never...

Your major problem causing your outrage is that you have no fucking idea how free markets or capitalism works...

 

[edward37]

When companies like HAL and Amazon pay no taxes on billions made ,,when CEO's get paid 2000 times more than their workers you think thats what??? The 1% have been getting away with that for way too long And some idiot calls it theft by democrats

Amazon pays no taxes because they make no profits. They plow every dollar earned into corporate expansion and development LEGALLY according the tax laws... If leftist knew how things work, they would live longer being relieved of all their phony outrage...

You know why GE pays no taxes right? Bernie PRETENDS he doesn't know, but he was complicit in setting them up with enough tax credits to last them a lifetime...

PJ O'Rourke wrote a book called "Eat the Rich".. You should read it. Because it's funny as hell and truly accurate.. In it he describes what happens if you took the CEO of a large tire firm out to the parking lot, tarred and feathered him/her, stripped them of the salary, and divided that amongst all the employees.. The math on it says that the employees MIGHT get enough individually to buy a set of 4 tires at company discount for that year..

But in the FOLLOWING year, when they found another CEO STUPID AND NAIVE enough to take that risk of being tarred and feathered --- they'd probably LOSE so much corporate income and efficiency that at LEAST 10 or 15% would face layoffs...

These are not NORMAL JOBS.. They are not EVEN jobs. They are life commitments. Because you have no life monitoring and running maybe 4 or 6 businesses with maybe 10 manufacturing sites worldwide... Employees don't WANT to take risks. They don't WANT to be on call and traveling around the world for years to the detriment of their lives and families.. And they DON'T want the responsibilities..

That's why the vast MAJORITY of a CEO's package is NOT salary.. It's equity stock ownership in the company. And most leftists don't know how this work.. Giving a new CEO an ownership stake in company takes not a PENNY from any worker.. Never...

You're major problem causing your outrage is that you have no fucking idea how free markets or capitalism works...

And you have no fn idea what you;re talking about
Amazon reported record profit in 2018, earning $10.1 billion in net income compared with just $3 billion the prior year. Considering the company hardly recorded any profit until 2016, this sudden cash influx represents a new era for Amazon.

So what’s changed?


Despite Amazon’s dominance in e-commerce, online sales are not actually a main profit engine for the company. Instead, its cloud computing division, Amazon Web Services, has actually generated the majority of Amazon’s operating income since 2016. Profits from advertising and third-party sellers are also booming.

While Amazon has traditionally been valued based on growth over profitability, these recent earnings trends have investors reconsidering how the company should be valued today.

 

[flacaltenn]

When companies like HAL and Amazon pay no taxes on billions made ,,when CEO's get paid 2000 times more than their workers you think thats what??? The 1% have been getting away with that for way too long And some idiot calls it theft by democrats

Amazon pays no taxes because they make no profits. They plow every dollar earned into corporate expansion and development LEGALLY according the tax laws... If leftist knew how things work, they would live longer being relieved of all their phony outrage...

You know why GE pays no taxes right? Bernie PRETENDS he doesn't know, but he was complicit in setting them up with enough tax credits to last them a lifetime...

PJ O'Rourke wrote a book called "Eat the Rich".. You should read it. Because it's funny as hell and truly accurate.. In it he describes what happens if you took the CEO of a large tire firm out to the parking lot, tarred and feathered him/her, stripped them of the salary, and divided that amongst all the employees.. The math on it says that the employees MIGHT get enough individually to buy a set of 4 tires at company discount for that year..

But in the FOLLOWING year, when they found another CEO STUPID AND NAIVE enough to take that risk of being tarred and feathered --- they'd probably LOSE so much corporate income and efficiency that at LEAST 10 or 15% would face layoffs...

These are not NORMAL JOBS.. They are not EVEN jobs. They are life commitments. Because you have no life monitoring and running maybe 4 or 6 businesses with maybe 10 manufacturing sites worldwide... Employees don't WANT to take risks. They don't WANT to be on call and traveling around the world for years to the detriment of their lives and families.. And they DON'T want the responsibilities..

That's why the vast MAJORITY of a CEO's package is NOT salary.. It's equity stock ownership in the company. And most leftists don't know how this work.. Giving a new CEO an ownership stake in company takes not a PENNY from any worker.. Never...

You're major problem causing your outrage is that you have no fucking idea how free markets or capitalism works...

And you have no fn idea what you;re talking about
Amazon reported record profit in 2018, earning $10.1 billion in net income compared with just $3 billion the prior year. Considering the company hardly recorded any profit until 2016, this sudden cash influx represents a new era for Amazon.

So what’s changed?


Despite Amazon’s dominance in e-commerce, online sales are not actually a main profit engine for the company. Instead, its cloud computing division, Amazon Web Services, has actually generated the majority of Amazon’s operating income since 2016. Profits from advertising and third-party sellers are also booming.

While Amazon has traditionally been valued based on growth over profitability, these recent earnings trends have investors reconsidering how the company should be valued today.

I stand on my assertions.. NOTHING you wrote actually addresses why Amazon paid $0 on earnings of $11.1Bill.... Here's a clue and it's exactly as I told you.. Except for all the state and local tax exemptions that stupid places outbid each other to GIVE to them.. As far as FEDERAL taxes.......

Amazon will pay $0 in federal taxes this year — here's how the $793 billion company gets away with it

Bob Bryan: Amazon avoids paying federal taxes using a variety of tax credits and tax exemptions that are legal and built into the U.S. federal tax code. Some of these can include the research and development tax credit which allows them to deduct some of the costs of new investments and also a big one for this past year was the ability to deduct stock-based compensation of executives.

Amazon Didn't Pay Taxes in 2018, Will Receive Refund

After this article was published, an Amazon spokesperson followed up with this lengthy statement:

"Amazon pays all the taxes we are required to pay in the U.S. and every country where we operate, including paying $2.6 billion in corporate tax and reporting $3.4 billion in tax expense over the last three years. Corporate tax is based on profits, not revenues, and our profits remain modest given retail is a highly competitive, low-margin business and our continued heavy investment.

"We have invested more than $160 billion in the U.S. since 2011, building a network of more than 125 fulfillment and sortation centers, air hubs and delivery stations as well as cloud-computing infrastructure and wind and solar farms. We invest heavily in research and development at our Seattle headquarters and 18 tech hubs across the country. We are creating tens of thousands of quality jobs each year with industry-leading pay for people of all skill levels, bringing our total workforce in the U.S. to more than 250,000."

*****************************************
So... REVENUES are NOT PROFITS... Leftists quote REVENUES -- not profits..... That giant CLOUD investment became a write-off.. Largely in 2017 and 2018... It's R&D as I initially asserted.. And finally, the change in tax law to exempt Exec stock options is completely wise because internal stock transfer is not a net INCOME to the corporation...

So now you DO KNOW -- why Amazon pays $0 in taxes.. Because they choose to invest their revenues in corporate infrastructure and growth and that builds jobs and enriches communities and entire supply chains.. It's part of engine of GDP growth....

 

[Wyatt earp]

When companies like HAL and Amazon pay no taxes on billions made ,,when CEO's get paid 2000 times more than their workers you think thats what??? The 1% have been getting away with that for way too long And some idiot calls it theft by democrats

Amazon pays no taxes because they make no profits. They plow every dollar earned into corporate expansion and development LEGALLY according the tax laws... If leftist knew how things work, they would live longer being relieved of all their phony outrage...

You know why GE pays no taxes right? Bernie PRETENDS he doesn't know, but he was complicit in setting them up with enough tax credits to last them a lifetime...

PJ O'Rourke wrote a book called "Eat the Rich".. You should read it. Because it's funny as hell and truly accurate.. In it he describes what happens if you took the CEO of a large tire firm out to the parking lot, tarred and feathered him/her, stripped them of the salary, and divided that amongst all the employees.. The math on it says that the employees MIGHT get enough individually to buy a set of 4 tires at company discount for that year..

But in the FOLLOWING year, when they found another CEO STUPID AND NAIVE enough to take that risk of being tarred and feathered --- they'd probably LOSE so much corporate income and efficiency that at LEAST 10 or 15% would face layoffs...

These are not NORMAL JOBS.. They are not EVEN jobs. They are life commitments. Because you have no life monitoring and running maybe 4 or 6 businesses with maybe 10 manufacturing sites worldwide... Employees don't WANT to take risks. They don't WANT to be on call and traveling around the world for years to the detriment of their lives and families.. And they DON'T want the responsibilities..

That's why the vast MAJORITY of a CEO's package is NOT salary.. It's equity stock ownership in the company. And most leftists don't know how this work.. Giving a new CEO an ownership stake in company takes not a PENNY from any worker.. Never...

You're major problem causing your outrage is that you have no fucking idea how free markets or capitalism works...

And you have no fn idea what you;re talking about
Amazon reported record profit in 2018, earning $10.1 billion in net income compared with just $3 billion the prior year. Considering the company hardly recorded any profit until 2016, this sudden cash influx represents a new era for Amazon.

So what’s changed?


Despite Amazon’s dominance in e-commerce, online sales are not actually a main profit engine for the company. Instead, its cloud computing division, Amazon Web Services, has actually generated the majority of Amazon’s operating income since 2016. Profits from advertising and third-party sellers are also booming.

While Amazon has traditionally been valued based on growth over profitability, these recent earnings trends have investors reconsidering how the company should be valued today.

They just play by the rules/tax laws, go ahead and try to change it, you will just open up more loop holes

 

[Wyatt earp]

Unless you go socialist/communist...



.

 

[flacaltenn]

If Amazon was actually STORING CASH PROFITS -- pretty soon their stockholders would be expecting dividends.. Bezos doesn't NEED profits. He wants to rule the world, the solar system and beyond...

Look at the money lost at the WashPo.... THEY don't pay taxes either, but that's because they are failure turned into a political weapon for the pleasure of Bezos...

 

[flacaltenn]

BTW edward37 there's another MAJOR reason why Amazon or GE pays no Federal taxes and get REFUNDS.. And you're not gonna like THIS one... The one that Bernie loves to hide.....

"We have invested more than $160 billion in the U.S. since 2011, building a network of more than 125 fulfillment and sortation centers, air hubs and delivery stations as well as cloud-computing infrastructure and wind and solar farms.

...... and there it is -- A MAJOR source of tax credits for these "cheating" corporations.... Those credits are EASILY one of largest corporate loopholes that survive... Want to END THEM???

All this blabbering about corporate tax RATES doesn't affect ANY of this shit.. It's part of the govt/corporate collusion that NEITHER party really wants to fix as they stack the markets according the POLITICAL whims and desires of the 2 parties...

 

[Ray From Cleveland]

And where many jobs used to come with fully paid company healthcare, now few do. You now pay much, most or all of your healthcare, you pay a co-pay, then you pay a deductible. Many people end up paying most of their healthcare fully themselves as they never get past the high deductible. That is just like a further pay cut.

You can't discount the fact that Commie Care played a big part in this.

Employers never wanted to deal with healthcare insurance issues the past few decades. The rates keep rising, your employees are getting older costing you more money, and even if you keep up with the costs, the employees complain about pay increases they are not seeing.

But before Commie Care, employers had no choice but to provide. It was the only way to get quality employees.

Commie Care gave them a way out. Prior to that, most workers couldn't afford insurance, and many still can't today.

 

[Ray From Cleveland]

And just what do you call Trumps big tax gift to the 1% Giving back to his 1% supporters?? while others got squat and soon if not already that's going south...and one poster whose name won't be mentioned here said dems were thieves??

So how many votes would Trump get from those 1%? How many of those 1% are Democrats? I can think of a few. Many in Hollywood. Bill and Hillary Clinton. Soros, Gates, Zuckerberg, Dorsey, Martha Stewart just to name a few.

TAKING LESS (not giving) to the 1% is an economic move, not a vote buying move.

Vote buying is telling 13% of our population you will give them government money for something they never suffered. Free healthcare. Free daycare. Free college, and reimbursements to those that attended college that they already paid for. Free, free, free.

That's vote buying, not giving the people who pay most of the tax in this country a little break.

 

[Ray From Cleveland]

When companies like HAL and Amazon pay no taxes on billions made ,,when CEO's get paid 2000 times more than their workers you think thats what??? The 1% have been getting away with that for way too long And some idiot calls it theft by democrats

What do you mean by "getting away with it?" Getting away with what?

Getting away with something implies that you are doing something wrong or illegal and not getting caught yet.

Tell me, how much more money does a star actor or actress get compared to their makeup person, their hair stylist, their stage crew, their writers? How much more money does a pro athlete make compared to the field crew, the food or beverage vendors, the parking lot attendant, the maintenance crew, the bat boy, the security, the sound or lighting engineers?

You on the left never complain about the wealth disparity in any entertainment industry. But if a person pays a ton of money to attend college, climbs his or her way to the top, are finally paid a good salary after all the years and struggle, it's immoral for the employees under them to make a fraction of what the CEO makes.

 

[edward37]

When companies like HAL and Amazon pay no taxes on billions made ,,when CEO's get paid 2000 times more than their workers you think thats what??? The 1% have been getting away with that for way too long And some idiot calls it theft by democrats

If you are so maddeningly jealous of how much $ a CEO earns, why don't you just become a CEO yourself?

I was you idiot

 

[eagle1462010]

When companies like HAL and Amazon pay no taxes on billions made ,,when CEO's get paid 2000 times more than their workers you think thats what??? The 1% have been getting away with that for way too long And some idiot calls it theft by democrats

Awe.......did Amazon move out of New York and avoid the theft by Politicians who believe that everyone should give them their money to decide who deserves getting that money.............while sticking most of it in their own corrupt pockets...............

poor things........sniff sniff.

 

[eagle1462010]

 

[flacaltenn]

Remember when a democrat said the people of Kentucky don't know what is good for them we know what is good for them.

The democrats are still at the ideology of theft.



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'


New York Mayor Bill de Blasio spoke not only for himself, but for the Democrat Party in general: "There is plenty of money in this world, and there's plenty of money in this country, it's just in the wrong hands. Democrats have to fix that," he said.

DeBlasio was correct

And again, leftists haven't a clue what that "wealth" consists of.... Or how tenuous it's value might be.. I could be holding more wealth in $1mill Bitcoin investment than Trump holds in real estate ----- for a day or so. LOL..

You ABUSE capitalists when they fail... Not always their fault.. It's how the cookie crumbles.. But without risk-takers -- there's no future for America as a leader in anything.. And I DONT mean collective risk-taking decided by a Progressive left caucus of morons...

That's NOT a basement full of gold, silver, platinum... It's STEEL mills, car factories, amusement parks movie studios and EVERYTHING AMERICA OWNS...

AND --- it's already been taxed.. Now Bill Gates doesn't HAVE a big physical infrastructure of wealth.. That's more on the hard cash side of things. But next year -- Microsoft could take a nose dive..

MOST ALL of that "wealth" is "at risk"... Leftists don't understand risk.. They want super nanny protection from ANY risk in life.....

 

[rightwinger]

Remember when a democrat said the people of Kentucky don't know what is good for them we know what is good for them.

The democrats are still at the ideology of theft.



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'


New York Mayor Bill de Blasio spoke not only for himself, but for the Democrat Party in general: "There is plenty of money in this world, and there's plenty of money in this country, it's just in the wrong hands. Democrats have to fix that," he said.

DeBlasio was correct

What do you think your graph represents ? Please explain it in your own words...


.

Shows where the money is

If we need to raise revenue.... guess where it is?

 

[flacaltenn]

Remember when a democrat said the people of Kentucky don't know what is good for them we know what is good for them.

The democrats are still at the ideology of theft.



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'


New York Mayor Bill de Blasio spoke not only for himself, but for the Democrat Party in general: "There is plenty of money in this world, and there's plenty of money in this country, it's just in the wrong hands. Democrats have to fix that," he said.

DeBlasio was correct

How about instead of Univ Basic Income we offer EVERYONE $500 worth of S&P 500 index stock instead every month (or a bitcoin stock option) ?? Would EVERYONE be happy with taking that risk? Why not???

 

[rightwinger]

Remember when a democrat said the people of Kentucky don't know what is good for them we know what is good for them.

The democrats are still at the ideology of theft.



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'


New York Mayor Bill de Blasio spoke not only for himself, but for the Democrat Party in general: "There is plenty of money in this world, and there's plenty of money in this country, it's just in the wrong hands. Democrats have to fix that," he said.

DeBlasio was correct

And again, leftists haven't a clue what that "wealth" consists of.... Or how tenuous it's value might be.. I could be holding more wealth in $1mill Bitcoin investment than Trump holds in real estate ----- for a day or so. LOL..

You ABUSE capitalists when they fail... Not always their fault.. It's how the cookie crumbles.. But without risk-takers -- there's no future for America as a leader in anything.. And I DONT mean collective risk-taking decided by a Progressive left caucus of morons...

That's NOT a basement full of gold, silver, platinum... It's STEEL mills, car factories, amusement parks movie studios and EVERYTHING AMERICA OWNS...

AND --- it's already been taxed.. Now Bill Gates doesn't HAVE a big physical infrastructure of wealth.. That's more on the hard cash side of things. But next year -- Microsoft could take a nose dive..

MOST ALL of that "wealth" is "at risk"... Leftists don't understand risk.. They want super nanny protection from ANY risk in life.....

Breaks my little heart

That pile of wealth is untouchable. If we need revenue... it ain’t in the hands of the lower forty percent

 

[BluesLegend]

Remember when a democrat said the people of Kentucky don't know what is good for them we know what is good for them.

The democrats are still at the ideology of theft.



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'


New York Mayor Bill de Blasio spoke not only for himself, but for the Democrat Party in general: "There is plenty of money in this world, and there's plenty of money in this country, it's just in the wrong hands. Democrats have to fix that," he said.

WOW the Dem Nazi's finally admitted it.

 

[BluesLegend]

Remember when a democrat said the people of Kentucky don't know what is good for them we know what is good for them.

The democrats are still at the ideology of theft.



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'


New York Mayor Bill de Blasio spoke not only for himself, but for the Democrat Party in general: "There is plenty of money in this world, and there's plenty of money in this country, it's just in the wrong hands. Democrats have to fix that," he said.

DeBlasio was correct

And again, leftists haven't a clue what that "wealth" consists of.... Or how tenuous it's value might be.. I could be holding more wealth in $1mill Bitcoin investment than Trump holds in real estate ----- for a day or so. LOL..

You ABUSE capitalists when they fail... Not always their fault.. It's how the cookie crumbles.. But without risk-takers -- there's no future for America as a leader in anything.. And I DONT mean collective risk-taking decided by a Progressive left caucus of morons...

That's NOT a basement full of gold, silver, platinum... It's STEEL mills, car factories, amusement parks movie studios and EVERYTHING AMERICA OWNS...

AND --- it's already been taxed.. Now Bill Gates doesn't HAVE a big physical infrastructure of wealth.. That's more on the hard cash side of things. But next year -- Microsoft could take a nose dive..

MOST ALL of that "wealth" is "at risk"... Leftists don't understand risk.. They want super nanny protection from ANY risk in life.....

Breaks my little heart

That pile of wealth is untouchable. If we need revenue... it ain’t in the hands of the lower forty percent

Oh please, government stupid shit idiots would blow through all the wealth pissing it away then we'd be in real shit.

 

[edward37]

Remember when a democrat said the people of Kentucky don't know what is good for them we know what is good for them.

The democrats are still at the ideology of theft.



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'



De Blasio: 'There's Plenty of Money in This Country, It's Just in the Wrong Hands'


New York Mayor Bill de Blasio spoke not only for himself, but for the Democrat Party in general: "There is plenty of money in this world, and there's plenty of money in this country, it's just in the wrong hands. Democrats have to fix that," he said.

DeBlasio was correct

And again, leftists haven't a clue what that "wealth" consists of.... Or how tenuous it's value might be.. I could be holding more wealth in $1mill Bitcoin investment than Trump holds in real estate ----- for a day or so. LOL..

You ABUSE capitalists when they fail... Not always their fault.. It's how the cookie crumbles.. But without risk-takers -- there's no future for America as a leader in anything.. And I DONT mean collective risk-taking decided by a Progressive left caucus of morons...

That's NOT a basement full of gold, silver, platinum... It's STEEL mills, car factories, amusement parks movie studios and EVERYTHING AMERICA OWNS...

AND --- it's already been taxed.. Now Bill Gates doesn't HAVE a big physical infrastructure of wealth.. That's more on the hard cash side of things. But next year -- Microsoft could take a nose dive..

MOST ALL of that "wealth" is "at risk"... Leftists don't understand risk.. They want super nanny protection from ANY risk in life.....

Guess you don't believe there's a HUGE and growing disparity between wealthy and middle class that should be repaired without hurting the wealthy?