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How amazon paid no taxes
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<blockquote data-quote="vantexan" data-source="post: 3961002" data-attributes="member: 24302"><p>If you notice, executive compensation accounted for $1 Billion. Much of it is for R & D. What has Amazon been doing for most of it's history? Developing. Building all over the country. The government gives companies these breaks because they'll more than get it back with all the jobs created. Amazon is now making a good profit. The expensing they're doing now will eventually be considerably less and they'll pay 21% of what they can't write off. So the government will see good money eventually. And the rest of the profit will be used to reward stockholders with dividends, plus raises, new ventures, etc. Why do you think Amazon raised it's starting pay for hourly employees to $15hr? Because they can afford to now. Doubt next year you'll see a $10 Billion profit because payroll will bite into that.</p></blockquote><p></p>
[QUOTE="vantexan, post: 3961002, member: 24302"] If you notice, executive compensation accounted for $1 Billion. Much of it is for R & D. What has Amazon been doing for most of it's history? Developing. Building all over the country. The government gives companies these breaks because they'll more than get it back with all the jobs created. Amazon is now making a good profit. The expensing they're doing now will eventually be considerably less and they'll pay 21% of what they can't write off. So the government will see good money eventually. And the rest of the profit will be used to reward stockholders with dividends, plus raises, new ventures, etc. Why do you think Amazon raised it's starting pay for hourly employees to $15hr? Because they can afford to now. Doubt next year you'll see a $10 Billion profit because payroll will bite into that. [/QUOTE]
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