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Name:   GoneFishin - Email Member
Subject:   Pay Your Tax This Year With A Smile
Date:   2/16/2019 4:54:30 PM

I missed something in Trump's tax plan. I thought the reduction in the rate for Corporations also tightened up loopholes. Guessn I was wrong.

According to a report from the Institute on Taxation and Economic Policy (ITEP), Amazon (AMZN) will pay nothing in federal income taxes for the second year in a row.

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 a dime to Uncle Sam despite posting more than $11.2 billion in profits in 2018.

FYI





Name:   wix - Email Member
Subject:   Pay Your Tax This Year With A Smile
Date:   2/16/2019 10:43:23 PM

Special reduction in taxes for shoving it to dimokraps (and AOC-socialist) in NYC.  Double tax discount for being a non-dimokrap UNION company.  







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