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Author Topic: Is your tax return less than Trump led you to believe?  (Read 753 times)

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Offline LotusBud

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Is your tax return less than Trump led you to believe?
« on: February 16, 2019, 10:17:50 PM »
Well, Bezos's is not!

Thanks to the new Tax Cuts and Jobs Act (TCJA), Amazon’s federal tax responsibility is 21% (down from 35% in previous years). But with the help of tax breaks, according to corporate filings, Amazon won’t be paying a dime to Uncle Sam despite posting more than $11.2 billion in profits in 2018.

https://www.yahoo.com/finance/news/amazon-taxes-zero-180337770.html

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Offline LotusBud

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Re: Is your tax return less than Trump led you to believe?
« Reply #1 on: February 16, 2019, 10:24:48 PM »
The Institute on Taxation and Economic policy released its findings Wednesday after examining the company’s corporate filings. Amazon reported a $129 million federal income tax rebate for 2018, equaling a tax rate of negative 1 percent. (The federal corporate income tax rate is 21 percent.)

“The fine print of Amazon’s income tax disclosure shows that this achievement is partly due to various unspecified ‘tax credits’ as well as a tax break for executive stock options,” the report stated.

This would be the second year in a row that the company has avoided paying federal taxes, despite being valued at a whopping $1 trillion.

https://www.huffpost.com/entry/amazon-federal-taxes-2019_n_5c660227e4b01757c369c5b3
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Offline FatBasted

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Re: Is your tax return less than Trump led you to believe?
« Reply #2 on: February 16, 2019, 10:57:31 PM »
But but but, I thought liberals loved Amazon?

 :crampe:  :crampe:  :crampe:
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Lotusbud: "You do realize that with food and water shortages the plants and animals in the forest will also be dying, right?" :biglaugha:

Offline LotusBud

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Re: Is your tax return less than Trump led you to believe?
« Reply #3 on: February 16, 2019, 11:27:02 PM »
Quote from: FatBasted on February 16, 2019, 10:57:31 PM
But but but, I thought liberals loved Amazon?

 :crampe:  :crampe:  :crampe:

Amazon is a creeping pariah.  I guess you're oblivious to how NYC just turned away Amazon's HQ2.  You know NYC is pretty darn liberal, right?  SMH
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Offline Phester0boyle

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Re: Is your tax return less than Trump led you to believe?
« Reply #4 on: February 17, 2019, 06:55:19 AM »
Quote from: LotusBud on February 16, 2019, 11:27:02 PM
Amazon is a creeping pariah.  I guess you're oblivious to how NYC just turned away Amazon's HQ2.  You know NYC is pretty darn liberal, right?  SMH

Be honest.
If a Conservative drove Amazon out with their 20,000 jobs, yuo anti-American hangdowns would be apoplectic.
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Offline deport_liberals

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Re: Is your tax return less than Trump led you to believe?
« Reply #5 on: February 17, 2019, 07:56:59 AM »
Libs love WaPo and guess who owns it?

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Offline LotusBud

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Re: Is your tax return less than Trump led you to believe?
« Reply #6 on: February 17, 2019, 02:49:27 PM »
Quote from: deport_liberals on February 17, 2019, 07:56:59 AM
Libs love WaPo and guess who owns it?

I guess you have a different definition of "libs" than I have.  I know Bezos owns Wapo.  Wapo is 100% corporate media.

Bezos also has a $600,000,000 deal with the CIA.  Yeah.  I'm a real liberal and I think the CIA and Jeff Bezos are among the most evil entities on the planet.
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Offline The Scoundrel

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Re: Is your tax return less than Trump led you to believe?
« Reply #7 on: February 17, 2019, 03:48:44 PM »
Wouldn't it be easier for Americans just to pay the correct taxes then you aren't all waiting for a lump sum?  :popcorn:
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Offline LotusBud

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Re: Is your tax return less than Trump led you to believe?
« Reply #8 on: February 17, 2019, 04:34:22 PM »
Quote from: The Scoundrel on February 17, 2019, 03:48:44 PM
Wouldn't it be easier for Americans just to pay the correct taxes then you aren't all waiting for a lump sum?  :popcorn:

Well, if anyone could figure out the tax code, it might help.
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Offline LotusBud

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Re: Is your tax return less than Trump led you to believe?
« Reply #9 on: February 17, 2019, 05:01:38 PM »
The salient point here is: Jeff Bezos is getting a multi-million-dollar tax return.  Why?  Just WHY?
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Offline Phester0boyle

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Re: Is your tax return less than Trump led you to believe?
« Reply #10 on: February 17, 2019, 05:50:00 PM »
Quote from: LotusBud on February 17, 2019, 05:01:38 PM
The salient point here is: Jeff Bezos is getting a multi-million-dollar tax return.  Why?  Just WHY?

Cuz he uses legal write-offs?
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The Queen Bee

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Re: Is your tax return less than Trump led you to believe?
« Reply #11 on: February 17, 2019, 06:00:42 PM »
Quote from: LotusBud on February 17, 2019, 05:01:38 PM
The salient point here is: Jeff Bezos is getting a multi-million-dollar tax return.  Why?  Just WHY?


He’s a cheating funny looking scumbag. His mistress is a cock eyed whorebag
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Offline The Scoundrel

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Re: Is your tax return less than Trump led you to believe?
« Reply #12 on: February 17, 2019, 07:09:18 PM »
Quote from: Phester0boyle on February 17, 2019, 05:50:00 PM
Cuz he uses legal write-offs?

Any good accountant will create tax breaks for  a wealthy business man.

Christ. My company's tiny in comparison but our little Jewish fucker keeps all the cash where it belongs.

Quote from: flea on February 17, 2019, 06:00:42 PM

He’s a cheating funny looking scumbag. His mistress is a cock eyed whorebag

Green isn't a good colour on you dear.  :popcorn:
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The Queen Bee

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Re: Is your tax return less than Trump led you to believe?
« Reply #13 on: February 17, 2019, 07:56:30 PM »
I don’t cape for home wreckers but if you’re gonna wreck ur home, do it with someone who can see straight
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Offline LotusBud

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Re: Is your tax return less than Trump led you to believe?
« Reply #14 on: February 17, 2019, 10:17:37 PM »
Quote from: Phester0boyle on February 17, 2019, 05:50:00 PM
Cuz he uses legal write-offs?

And why are those write-offs legal when people who make 50, 60k have to pay up?
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MacGuffin

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Re: Is your tax return less than Trump led you to believe?
« Reply #15 on: February 17, 2019, 11:24:27 PM »
Quote from: LotusBud on February 17, 2019, 10:17:37 PM
And why are those write-offs legal when people who make 50, 60k have to pay up?



He isn't there just yet, but he knows that he is just one roll of the dice away from having some class, and being respectable.
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Offline FatBasted

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Re: Is your tax return less than Trump led you to believe?
« Reply #16 on: February 24, 2019, 07:40:38 PM »
LMAO   :laughinatu:

The left’s tax refund freakout exposes their ignorance on taxes
https://www.foxnews.com/opinion/the-lefts-tax-refund-freakout-exposes-their-ignorance-on-taxes
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Lotusbud: "You do realize that with food and water shortages the plants and animals in the forest will also be dying, right?" :biglaugha:

MacGuffin

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Re: Is your tax return less than Trump led you to believe?
« Reply #17 on: February 24, 2019, 07:45:36 PM »
Quote from: FatBasted on February 24, 2019, 07:40:38 PM
LMAO   :laughinatu:

The left’s tax refund freakout exposes their ignorance on taxes
https://www.foxnews.com/opinion/the-lefts-tax-refund-freakout-exposes-their-ignorance-on-taxes


Fox News "Opinion"*    LOL!
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Offline FatBasted

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Re: Is your tax return less than Trump led you to believe?
« Reply #18 on: February 24, 2019, 07:53:34 PM »
Quote from: MacGuffin on February 24, 2019, 07:45:36 PM

Fox News "Opinion"*    LOL!
How much did you lose on taxes this year? Go ahead and do the math, I have time.

LOL  :popcorn:
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Lotusbud: "You do realize that with food and water shortages the plants and animals in the forest will also be dying, right?" :biglaugha:

MacGuffin

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Re: Is your tax return less than Trump led you to believe?
« Reply #19 on: February 24, 2019, 08:00:20 PM »
Quote from: FatBasted on February 24, 2019, 07:53:34 PM
How much did you lose on taxes this year? Go ahead and do the math, I have time.

LOL  :popcorn:


noe yuo!
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