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Comments by "bighand69" (@bighands69) on "How Amazon paid zero in taxes on its billions" video.
+Jamal Johnson Yes they are innovative but that does not mean they should be exempt from Federal taxes in the US which is one of their biggest marketplaces. Either there are no taxes or if there are taxes people need to pay them. There is no in between.
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Amazon are close to being a monopoly but yet pay very little taxes. Yet smaller business in America which employ 75% of the work force are paying for these corporations. At no point did Carlson state state that Corporations should pay high taxes. The question really is does amazon and certain corporation use methods to avoid taxes that are illegal.
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That is what Trump has been saying all along that corporations are manufacturing everything in China which means they can avoid regulations in the US and at the same time avoid taxes. He has been saying this since day one.
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+Jim Jones Wages actually have very little impact on the cost of products because they are being pumped out by the tens of millions. Also US workers have a far higher production output because US industries are of a far higher level of technology. No the real costs are taxation. A product can almost increase in cost by 100% due to taxes.
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+Jim Jones The current trade arrangements have far bigger profit margins with taxation. Just to give you an example Ford can make a car in Mexico and transport the car to the US and that said car will have no taxation placed on it or if there is it will be a very small nominal amount. This then means Ford can produce the car for a far lower amount. The tax saving can in some instance on product importation have a 100% profit margin (most extreme cases). What all of this has done is to push manufacturing overseas. Now Asia has increased its manufacturing output the US has increased its credit economy to try and buy the products being made in Asia.
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Corporations is the wealthy. Any wealthy person who has shares in Corporations are liable for income tax based on their earnings. Corporations have their taxes to pay as well.
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