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
David Martin provides evidence that the COVID-19 pandemic was planned and that the vaccines are bioweapons. He estimated that the COVID-19 injections will kill 700 million people worldwide and 75 million to 100 million Americans.
Rachel Powell, a 41-yr-old single mother of 8 children, was filmed breaking windows at the Capitol on January 6th and directing people inside the Capitol. But instead of being imprisoned, Rachel is currently residing in the comfort of her home under house arrest.
A US Capitol Police memo revealed that the day before the January 6 riot, the US Capitol Police intel unit warned that “BLM from Baltimore” was busing in rioters: “BLM/Antif will wear MAGA hats, wear camo, and attempt to blend in with MAGA crowd” in order to blame violence on Trump supporters attending Trump rally.
Last week, it was revealed that Uvalde Police and on-scene officers never even touched the classroom door to see if it was locked until law enforcement finally opened it, despite prior reports that law enforcement was waiting for a key to open the door.
The FDA made a “low-risk determination” for food products made from gene edited CRISPR beef cattle after their review claimed that the genomic alteration didn’t cause any safety concerns. This means that the developer of the gene-edited cattle doesn’t need to earn further approval before bringing the beef to market.
Life insurance companies are now reporting that since the COVID injections were implemented, the death rate from all disease across the board as well as the miscarriage rate has increased by a remarkable 40%.
The Court voted 5-4 vote, and Chief Justice John Roberts was joined by ‘conservative’ Justice Brett Kavanaugh as well as the court’s three liberal justices — Stephen Breyer, Sonia Sotomayor and Elena Kagan.
A critic pointed out that in 1986, the EPA predicted that Florida would be two feet under water by 2020. Barack and Michelle Obama own homes in Hawaii and Martha’s Vineyard, illustrating that they don’t believe global warming. Climate regulations are used for political control rather than helping the environment.
A government statement admitted that “The honest message…is that not all farmers can continue their business.” Drastically reducing herds will reduce the food supply. The government will buy some of the farms.
G. Edward Griffin’s 8th Red Pill Expo is less than two weeks away, and will be held in Indianapolis, Indiana on July 9 and 10 and will be livestreamed. The Red Pill Expo features 17 outstanding speakers and includes topics that range from geoengineering and transhumanism to energy medicine and healing through light.
Alex Jones claims that Mexican drug cartels and coyote smugglers are actually killing migrants over smuggling fees. He said that the mainstream media is covering up reports of abandoned trucks containing dead migrants every week in Texas, Arizona and California.
Tulare County Court Commissioner Mikki Verissimo of California signed an order to release two suspected drug traffickers, Jose Zendejas, 25, and Benito Madrigal, 19, who were arrested with 150,000 fentanyl pills, enough to potentially kill several million people.
Prosecutors revealed how Maxwell and Epstein, who dated in the 1990s, preyed on poor, vulnerable teens, luring them into their orbit with the promise of cash and adventure. Maxwell has denied that she abused anyone.
California Attorney General Rob Bonta posted the names and addresses of concealed-carry permit holders on the California Department of Justice website on Monday. Bonta put Californians on notice that if they want to exercise their right to be armed, the price will be their privacy, safety, and security.
The Supreme Court overturned Roe v. Wade that returns the issue of abortion to the states as the Constitution does not guarantee the right to abortion. Americans are nearly evenly split on the issue of abortion and almost half of US states plan to ban or limit it.
It is unethical to give a baby a vaccine for a disease that the chances of getting severely ill or dying from it is almost zero while life-threatening vaccine injuries are very significant. The FDA should have been aware of so many serious adverse events, and if they did know about them, why did they ignore them?
For classified advertising rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.
Echo and Ring are being used to build city-wide “mesh networks” that piggyback on other users’ internet connections. If users fail to disable Sidewalk in the settings section of the Alexa or Ring apps by June 8th, the network will be turned on and their devices will become “Sidewalk Bridges”.
NY Mayor Bill de Blasio authorized gifts for Rikers Island departing inmates, including $25 debit cards, Mets tickets, free transit passes, movie tickets, and various gift cards. As many as 15,000 inmates are expected to rake in the prizes.
An official said that Former Governor Andrew Cuomo and the Democratic-run legislature never leveled with the public on the costs associated with the Climate Leadership and Community Protection Act approved in 2019 because the outrageous price, hundreds of billions of dollars, would have made it unpopular.