Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
Paying their fair share update
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Good
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@oregonblitzkrieg would love to have lived to see this. The meeting of left and right
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Amazon paid $250 million in Washington state and local taxes for 2017, source says
I wonder how much economic value is derived in Seattle from employee salaries and benefits alone?
https://www.seattletimes.com/business/amazon/amazon-paid-250-million-in-washington-state-and-local-taxes-in-2017-source-says/ -
Bezos hated Trump just like he was supposed to and bought a once great newspaper to hate him with and this is how he is thanked
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I agree, we should probably get government to stop attempting to rig the economy with tax breaks, loopholes, and incentives.
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So, Bezos was investing in Queens as a secret favor to Trump only to be found out secretly by Trumps opposition who would rather keep Billion$ of redevelopment and hundreds of Thousands of high paying jobs from New Yorkers than allow Trump to claim victory.
Interesting. -
All corporations should have zero tax. Corporate taxation is double taxation.
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Corporations are people when it suits them.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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You know....the author of this article may have just broken the story of the century - because mistating things on public filings is a big no-no under Sarbanes Oxley.
Or maybe she should figure the fuck out that Amazon has massive Net Operating Loss carry-forwards from the 20 years where THEY MADE NO PROFITS!!!!
Jesus fuck people. Seriously. Quit being so fucking gullible.
https://www.otcmarkets.com/filing/html?id=13184158&guid=uQVtUnSkhmEMryh#AMZN-20181231X10K_HTM_SAC0FBE1D4F8A59A9BC0B4A81A52467C7
Note 9 — INCOME TAXES
In 2016 , 2017 , and 2018 , we recorded net tax provisions of $1.4 billion , $769 million , and $1.2 billion . We have tax benefits relating to excess stock-based compensation deductions and accelerated depreciation deductions that are being utilized to reduce our U.S. taxable income. Cash taxes paid, net of refunds, were $412 million , $957 million , and $1.2 billion for 2016 , 2017 , and 2018 .
The U.S. Tax Act was signed into law on December 22, 2017. The U.S. Tax Act significantly revised the U.S. corporate income tax by, among other things, lowering the statutory corporate tax rate from 35% to 21% , eliminating certain deductions, imposing a mandatory one-time tax on accumulated earnings of foreign subsidiaries, introducing new tax regimes, and changing how foreign earnings are subject to U.S. tax. The U.S. Tax Act also enhanced and extended the option to claim accelerated depreciation deductions by allowing full expensing of qualified property, primarily equipment, through 2022. We reasonably estimated the effects of the U.S. Tax Act and recorded provisional amounts in our financial statements as of December 31, 2017. We recorded a provisional tax benefit for the impact of the U.S. Tax Act of approximately $789 million . This amount was primarily comprised of the remeasurement of federal net deferred tax liabilities resulting from the permanent reduction in the U.S. statutory corporate tax rate to 21% from 35% , after taking into account the mandatory one-time tax on the accumulated earnings of our foreign subsidiaries. The amount of this one-time tax was not material. In 2018, we completed our determination of the accounting implications of the U.S. Tax Act. -
If corporations aren’t people, why would they owe tax?HHusky said:
Corporations are people when it suits them.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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I miss OBK.RaceBannon said:@oregonblitzkrieg would love to have lived to see this. The meeting of left and right
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I can't believe I just said that.
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I for one, am glad that Amazon invested all that money into capital investments in the US instead of offshoring it.
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No it isn't.MikeDamone said:
and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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He sees it. Trust me.RaceBannon said:@oregonblitzkrieg would love to have lived to see this. The meeting of left and right
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Shhh. Not if you're a REIT.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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Gotta step in here. The modern world, as we know it, would not exist without the legal fiction known as the corporate form. I don't know much, but I know that.HHusky said:
Corporations are people when it suits them.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
And, you're getting dangerously close to Creepy's Kitchen with that comment chica (hi @Swaye ) -
No you don't. He is still with us, like Jesus. Only not as nice.DerekJohnson said:
I miss OBK.RaceBannon said:@oregonblitzkrieg would love to have lived to see this. The meeting of left and right
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Mike wants to run the government on hydrogen.dflea said:
No it isn't.MikeDamone said:
and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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Just what did you take that comment to mean?creepycoug said:
Gotta step in here. The modern world, as we know it, would not exist without the legal fiction known as the corporate form. I don't know much, but I know that.HHusky said:
Corporations are people when it suits them.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
And, you're getting dangerously close to Creepy's Kitchen with that comment chica (hi @Swaye ) -
That corporations are people when it suits them.HHusky said:
Just what did you take that comment to mean?creepycoug said:
Gotta step in here. The modern world, as we know it, would not exist without the legal fiction known as the corporate form. I don't know much, but I know that.HHusky said:
Corporations are people when it suits them.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
And, you're getting dangerously close to Creepy's Kitchen with that comment chica (hi @Swaye ) -
Great. Because your comment suggested I was advocating for the abolition of the corporate form.creepycoug said:
That corporations are people when it suits them.HHusky said:
Just what did you take that comment to mean?creepycoug said:
Gotta step in here. The modern world, as we know it, would not exist without the legal fiction known as the corporate form. I don't know much, but I know that.HHusky said:
Corporations are people when it suits them.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
And, you're getting dangerously close to Creepy's Kitchen with that comment chica (hi @Swaye ) -
HHusky said:
Mike wants to run the government on hydrogen.dflea said:
No it isn't.MikeDamone said:
and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
No, I do not.HHusky said:
Mike wants to run the government on hydrogen.dflea said:
No it isn't.MikeDamone said:
and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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What do you call it when someone takes your property under the threat of volience and without your consent?dflea said:
No it isn't.MikeDamone said:
and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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Mike now proposes Pay What You Want taxation.MikeDamone said:
What do you call it when someone takes your property under the threat of volience and without your consent?dflea said:
No it isn't.MikeDamone said:
and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
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Part of the reason I have no issue not paying bills for my co when I was starting.creepycoug said:
Gotta step in here. The modern world, as we know it, would not exist without the legal fiction known as the corporate form. I don't know much, but I know that.HHusky said:
Corporations are people when it suits them.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
And, you're getting dangerously close to Creepy's Kitchen with that comment chica (hi @Swaye )
Fuck it. Ain't hurting me. -
No. I do not.HHusky said:
Mike now proposes Pay What You Want taxation.MikeDamone said:
What do you call it when someone takes your property under the threat of volience and without your consent?dflea said:
No it isn't.MikeDamone said:
and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
But that’s not a bad idea....if the ideas are so great, why do they need to be funded with violence? -
Violence isn’t the first enforcement step. You should have just paid your taxes when they liened you.MikeDamone said:
No. I do not.HHusky said:
Mike now proposes Pay What You Want taxation.MikeDamone said:
What do you call it when someone takes your property under the threat of volience and without your consent?dflea said:
No it isn't.MikeDamone said:
and taxation is theft.greenblood said:All corporations should have zero tax. Corporate taxation is double taxation.
But that’s not a bad idea....if the ideas are so great, why do they need to be funded with violence?
