Apparently, saying people should voluntarily pay more taxes than what they owe is easier than to suggest reasonable and actionable changes to the tax code.https://twitter.com/anandwrites/status/1133420408428990470?s=21 …
I’m trying to figure out whether politicians want Amazon to make donations to the Treasury, above and beyond what it legally owes, or if they’re suggesting changes to the tax code (and if so, what those changes are, since they don’t seem to want to tax based on profit).https://twitter.com/JoeBiden/status/1139188173131591685 …
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Also, those same dollars are still taxed downstream, often at higher rates, once they hit the pockets of shareholders
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Every deduction a company takes is one that the tax system is designed to incentivize the to take. For politicians to then say, “why did you do what we asked you to do?” is so disingenuous.
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donations because billions
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It’s called populism. Been around for a while. No good.
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Its easier to identify an individual scapegoat over looking at total Revenue. A responsible way is to look at the ecosystem that Amazon provides for jobs (reducing government aid) other small businesses (which also pay taxes) and innovation it facilitates with customers (AWS) /2
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Have to then go back and look at who/what has the ability to substitute Amazon in the ecosystem if they weren't able to invest into themselves the same way. Who would have substituted and at what tax benefit? We can't freeze the economy. It is always changing 2/2
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