Amazon is valued at $800 billion and almost doubled its profits between 2017 and 2018 from $5.6 billion to $11.2 billion, but the company will pay $0 in taxes, for the second year in a row. The Institute on Taxation and Economic noted that Amazon’s tax rate is a result of Trump’s tax cuts that decreased corporate tax rates from 35% to 21%, and failed to close a slew of tax loopholes that allow companies to avoid paying federal and state income taxes on almost half of their profits.
Amazon canceled its plans to expand to New York, which stood to gain 25,000 jobs and an estimated $27 billion in tax revenue over the next two decades. New York offered the company $3 billion in tax benefits to build a campus in the Long Island City neighborhood. Amazon supporters blame the New York State Senate for appointing a critic of the deal to a state board that had veto power, and the senate representative refused to even meet with the company.
Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check to the IRS will read exactly $0.00.
According to a report published by the Institute on Taxation and Economic (ITEP) policy Wednesday, the e-tail/retail/tech/entertainment/everything giant won’t have to pay a cent in federal taxes for the second year in a row.
This tax-free break comes even though Amazon almost
doubled its U.S. profits from $5.6 billion to $11.2 billion between 2017
To top it off, Amazon actually reported a $129 million 2018 federal income tax rebate—making its tax rate -1%.
Amazon’s low (to non-existent) tax rate has been
chided by politicians ranging from Senator Bernie Sanders to President
Refugee Resettlement Watch urges everyone to contact the governors of theirs states and then contact county executives or commissioners. Sample letters are provided, but must be modified to make it clear you are against the refugee program.
The cost to American taxpayers is estimated at $79,600 PER REFUGEE in the first 5 years of resettlement. Americans are being forced by their leaders to pay for the destruction of their own economy and their culture. Voters finally may have the right to say no.
The National Health Federation that provided legal counsel for Thyer says the regulatory agencies in the UK and France are controlled by pharmaceutical corporations and are determined to stop the use of GcMAF because it is competition to their products.
Paul Singer’s Elliott Management company has made billions by buying large stakes in American companies, then firing workers, driving up short-term share prices, and then selling out quickly before the companies collapse.
George Zimmerman shot and killed Trayvon Martin in a struggle in 2012. The documentary, The Trayvon Hoax, shows that an impostor was substituted for key witness, Diamond Eugene, who testified against Zimmerman. The false testimony could have led to his imprisonment or execution.
Stephen Prescott, the president of the Oklahoma Medical Research Foundation, said that scientists in many credible places have researched this drug for years. However, this information has not been widely shared with the public until Tippens started blogging about his recovery.
Ari Ben-Menashe says Epstein and Maxwell were Israeli spies who used child sex to blackmail politically powerful men, but there is no hard evidence. People pointing out the Epstein-Mossad connection have been banned from YouTube and Facebook. [Apparently, that is considered to be hate speech.]
The journalist was investigating secret bank accounts of some of Malta’s elite at the time of her murder. Top Maltese officials are accused of being complicit in her murder as her personal police protection had been suspiciously pulled just before her death.
In 2014, California passed Prop 47 that downgraded a long list of felonies to misdemeanors. Crime has surged, and violent crimes such as murders, assaults and rape have jumped by 115%! Soros contributed nearly $2 million to pass Prop 47.
Hector Moran-Espinoza was arrested by the Philadelphia Police Department on two separate occasions on charges relating to the sexual abuse of children, including rape and and aggravated indecent assault.
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Amazon, Starbucks and other large employers were able to pressure Seattle’s City Council into overturning the socialist “head tax” of $275 on each employee per year that was expected to raise $50 million per year. The money was to help the growing homeless population. Amazon has more than 45,000 employees, and the tax would have cost the company $12,375,000.
There’s a new scandal quietly unfolding in Washington. It’s far bigger than Housing Secretary Ben Carson buying a $31,000 dinette set for his office, or former EPA chief Scott Pruitt deploying an aide to hunt
Eight young men, suspected gang members, are facing charges in the stabbing and hacking death of a 15-year old boy who was the victim of mistaken identity. The gang members allegedly killed the 15-year old boy over a sex video with a 15-year old girl who is affiliated with the gang, but the wrong boy was killed. None of the suspects speaks English and it is unknown whether they are US citizens.