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Biden Hammers Amazon for Not Paying Taxes

Not on the same side

No matter how far left these companies go, the Democrats will turn on them in an instant if it becomes politically necessary. The fact that Biden is being forced to attack Amazon is an indication of how widely disliked the company is by a significant portion of the public:

Democratic presidential hopeful Joe Biden on Thursday took umbrage with e-commerce giant Amazon.com Inc’s $0 federal tax bill in 2018 and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.

The former U.S. vice president’s remark comes at a time when Amazon has been repeatedly criticized for paying no U.S. federal income taxes on more than $11 billion in profits before taxes in 2018.

The company also received a $129 million tax rebate from the federal government.

Amazon responded saying in a tweet that it had paid $2.6 billion in corporate taxes since 2016.

“Assume VP Biden’s complaint is (with) the tax code, not Amazon,” the company tweeted.

Vermont Senator Bernie Sanders has said Amazon paying nothing in federal taxes is a “disgrace” and Massachusetts Senator Elizabeth Warren has said she will tax Amazon’s profits as well to ensure the largest American corporations do not pay zero corporate income tax.

 
Doomberg

Written by Doomberg

I am Doomberg, one of the original founding members of Sparta Report, and have been here since the beginning. I am an insatiable news junkie and enjoy reading and writing about the US territories, the Caribbean, video games, smartphones, and of course conservative politics in general.

I also really like pictures of gas stations and claim full responsibility for the silly gas station motif. I'm presently trapped behind enemy lines in a blue state with no hope of escape! The ride never ends.

32 Comments

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  1. For someone who has done as many shady dealings as this guy…….it takes you know what, to criticize anyone or company for any thing……..billion $ contract for son, with China, as VP….!

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