Amazon will pay $0 in federal taxes this year — here's how the $793 billion company gets away with it
Amazon will pay $0 in federal taxes this year — here's how the $793 billion company gets away with it
Feb 14, 2019
BUSINESS INSIDERSteve Kovach, Alyssa Pagano
“Did you use that loss to avoid paying taxes?” “Of course I did.” Not hiding it. Not denying it. Just saying out loud what usually stays quiet. The tax code isn’t broken by accident. It’s written this way. And the people who benefit from it are the same people who refuse to change it. This isn’t about one person. It’s about a system where losses become weapons and rules only exist for those who can’t afford lawyers. When someone plays by the rules and still gets blamed for winning, maybe it’s ti
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“Did you use that loss to avoid paying taxes?” “Of course I did.” Not hiding it. Not denying it. Just saying out loud what usually stays quiet. The tax code isn’t broken by accident. It’s written this way. And the people who benefit from it are the same people who refuse to change it. This isn’t about one person. It’s about a system where losses become weapons and rules only exist for those who can’t afford lawyers. When someone plays by the rules and still gets blamed for winning, maybe it’s ti
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