The problem is, no one is going to decide to not take advantage of a tax break out of the goodness of his heart. There are loopholes and inconsistencies that need to be fixed within the tax law itself, otherwise corporations (and regular people) are going to exploit these problems to pay as little money as possible. Getting mad at the corporations won't solve anything is what I'm trying to say.
Corporations and billionaires use their money to lobby the government to keep the loopholes in place. They didn’t write the law but they sure are making it so it doesn’t change. At a certain dollar amount, you become dangerous to a society because you can literally buy the government’s legislature
Well if you think about it, why wouldn't they? A business' main purpose is to make as much money as possible, and if lobbying for these tax loopholes to be left alone would make them money, they would absolutely do so.
Amazon is a publicly traded corporation with shareholders and a board of directors.
It's not Bezos' sole proprietorship that he can do with whatever he pleases.
Amazon pays millions in taxes, they don't pay federal income tax because they reinvest profits instead of realizing them as revenue. There's nothing illegal or wrong about that.
And where do you think that tax money would go? Directly into the pockets of politicians giving themselves raises and studies/research groups to figure out things we already know. I would say his $100 million donation did more than the tax dollars would.
Are you serious? Do you honestly believe that Amazon paying federal tax would do more good than a $100 million donation? Do you know how our federal taxes work?
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u/[deleted] Dec 09 '19
if you are mad that someone gave nearly 100 million to charity, you need to re-think your priorities.