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Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018

Discussion in 'Latest US & World News' started by JakeStarkey, Aug 20, 2019.

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  1. HumbledPi

    HumbledPi Well-Known Member

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    Netflix likely paid no U.S. income tax in 2018 either, despite posting a record $845 million U.S. profit
    Moody's estimated that U.S. companies held about $1.4 trillion in cash overseas. Five large tech companies -- Microsoft, Apple, Google, Oracle and Cisco -- accounted for nearly $600 billion of that.
     
    HumbledPi, Aug 22, 2019
    #51
  2. Nonnie

    Nonnie Well-Known Member Past Donor

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    Did Apple just stop paying tax under Trump? Some are more naive then I thought.
     
    Nonnie, Aug 23, 2019
    #52
  3. Texas Republican

    Texas Republican Well-Known Member Past Donor

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    I thought Bezos was a committed leftist.

    My bad if I had that wrong.
     
    Texas Republican, Aug 23, 2019
    #53
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