Monday, February 18, 2019

Amazon $11.2 billion profit: Tax liability $0

While working Americans are in shock this tax season over having to pay taxes back to the government for the first time, the Institute on Taxation and Economic Policy notes that through loopholes and exemptions in the latest Repugnantan tax scam Amazon will pay nothing at all in taxes. That's right, not one penny. Meanwhile, many of Amazon's employees need social programs to get by.

And these tax cheats are running up a huge deficit that the Repugs want to compensate for by cutting social programs like social security, Medicare, Medicaid, food stamps and so on. If we didn't give away all this money to tax cheaters we'd have plenty to pay for needed social services. This plainly tells us that the Repugs are corrupt in doling out our tax money to the real welfare Kings and Queens while then ripping off we the workers and those in need.

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