Comments by "" (@thehumanity0) on "Sen. Bernie Sanders: Amazon has gotten too big" video.
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+ Wendell - Also, the fact that they are paying almost nothing in taxes is hugely problematic as well. They made a wildly successful profit of $5.6 billion last year (2017). That's billion with a capital "B" and that's not revenue that's *profits*. And then after making money like that they STILL only paid things like payroll and sales tax, but didn't pay a dime in federal corporate tax and got out of most of their state taxes due to incentives and other loopholes. They don't even need to hide their money in the Cayman Islands either, because their global headquarters is officially located in the tax safe haven country of Luxembourg, which is just as bad as the Cayman Islands, and Amazon only has 1,500 employees total working there when they have 40,000 in their Seattle location and hundreds of thousands working in the rest of America. On top of all of that, they pay their workers like crap and a study showed that 1 in every 10 Amazon workers are using government assistant programs like food stamps to get by. THIS all from a company owned by the richest man in the world and record breaking profits. They pay next to nothing in corporate taxes while my company is forced to pay all of my taxes, because I can't afford a CPA that specializes in dodging taxes for me, and many of those loopholes are geared towards gigantic monopolies anyways considering Amazon had to setup their headquarters in Luxembourg for their biggest (and most unethical) tax break they benefit from. It should rightfully be the other way around where smaller companies can get away with paying next to nothing in taxes until they begin to see higher profits or profits at all. It just makes absolutely no sense and tells you all you need to know about the massive corruption in this country.
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