Tag: Jeff Bezos

Amazon Dodged $5.2 Billion in Taxes in 2021 While Profits Skyrocketed

Via The Defender

An analysis released Monday shows Amazon used legal mechanisms to avoid paying $5.2 billion in federal corporate income taxes in 2021, a year in which the online retail behemoth saw its profits and sales skyrocket.

Amazon utilized several perfectly legal mechanisms to avoid paying $5.2 billion in federal corporate income taxes in 2021.

An analysis released Monday shows that Amazon utilized several perfectly legal mechanisms to avoid paying $5.2 billion in federal corporate income taxes in 2021, a year in which the online retail behemoth saw its profits and sales skyrocket.

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Why Elizabeth Warren wants you to be poor

Guest Post by Simon Black

Late last week, Amazon founder Jeff Bezos gave away nearly $100 million to more than a dozen charities across the United States.

It would take the average person more than 1,000 centuries to accumulate that much money. Yet Bezos gave it away in a single day.

And it’s not like that was the first time he’d ever given to charity. Bezos has already donated billions of dollars to other philanthropic endeavors.

You’d think that such generosity would be appreciated. Yet when Forbes announced Bezos’ gift last week, Twitter user punkassbamboo complained:

 

“A whopping .09% of his net worth. Thanks so much Jeff.”

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25 bathrooms? Former Clinton labor secretary says Bezos’s mansion helps make case for soaking the rich

Via Marketwatch

Robert Reich, who served as labor secretary in the Clinton administration, was honored by Time magazine as one of the 10 most effective cabinet secretaries of the 20th century. He’s a Rhodes scholar, a best-selling author, a documentarian and a professor of public policy at the University of California at Berkeley.

What he’s not, apparently, is a fan of billionaires clinging tightly to their riches:

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Brother Bezos

Guest Post by Eric Peters

Televangelism used to be where the easy money was  . . . preaching about the End Times –  which never came – and promising salvation, for a fee.

Put your hands on the television set and pray with me!

Insert tongue-talking gibberish here  . . . and send in your $20.

Now the money’s in preaching eschatological “climate crisis” –  formerly just “change” – and selling electric cars, to salve the soul.

You don’t even have to make them to sell them to the rubes who’ve bought in.

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Capitalists vs. Capitalism

Guest Post by John Stossel

Capitalists vs. Capitalism

It’s bad enough when leftists smear capitalism. I hate it more when capitalists do it, too.

I’d hoped for more from the world’s current richest man, Jeff Bezos.

I love the service he created. Amazon lets me buy Christmas gifts right from my couch. Its prices are so low that the Fed chairman says Amazon probably lowered America’s inflation rate.

Entrepreneur Jeff Bezos is a hero. He created lots of jobs and better service, and he and his investors pay billions in taxes.

So I got angry when I saw Sen. Bernie Sanders’ opportunistic fundraising letters condemning Bezos because some of his workers are eligible for food stamps. “In ten seconds,” whined Sanders, Bezos makes “more money than the median employee of Amazon makes in an entire year.”

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The Color of the Wave to be Determined by Those Most Afraid

By Doug “Uncola” Lynn via TheBurningPlatform.com

Regarding the upcoming election on Tuesday November 6, 2018, there can only be one of three possible outcomes:

1.) Blue Wave

2.) Red Wave

3.) No Wave

The third result would, of course, be manifested as dramatic wins and losses for both Republicans and Democrats with either party coming out slightly ahead overall.

But given the perceived high stakes of this particular election as a referendum on President Donald Trump, the winners will be determined by those voters who fear the most. Certainly, there is much anger in this election, and that’s what happens:  When people become scared, they get angry.

Trump supporters fear losing their nation to globalism, open borders, offshoring, and politically correct fascism; which is just another name for Cultural Marxism.  Liberal Democrats on the other hand, don’t fear for America, per se, but rather their collective existence which requires everything mentioned heretofore that Trump supporters will vote against.

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Trump: “Amazon Pays Little Or No Taxes, Puts Thousands Of Retailers Out Of Business”

The main driver behind yesterday’s latest FANG plunge, was a report in Axios, according to which it was not Facebook that Trump wants to go after, but rather Amazon:

“He’s obsessed with Amazon,” a source told Axios. “Obsessed”, and added that Trump has allegedly talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out of business. Another Axios source said that POTUS has “wondered aloud if there may be any way to go after Amazon with antitrust or competition law.”

Trump’s deep-seated antipathy toward Amazon surfaces when discussing tax policy and antitrust cases. The president would love to clip CEO Jeff Bezos’ wings. But he doesn’t have a plan to make that happen.

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WHY ROY MOORE WILL BE THE NEXT SENATOR FROM ALABAMA

“I believe the women. I think he should step aside.” – Mitch McConnell
“These allegations are credible. He should step aside.” – Paul Ryan

I don’t know whether Judge Roy Moore cruised around malls 40 years ago looking for teenage girls. He might be a pedophile, or the women stepping forward decades after the alleged incidents might be lying. To quote a famous scandal ridden establishment politician, “At this point what difference does it make”. He will win the run-off election for Jeff Sessions’ vacant Senate seat on December 12. He will win because we are in the midst of a Fourth Turning, where the mood of the populace has shifted strongly against the status quo/establishment.

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CIA-Funded Washington Post Smears Indie Media For Covering DNC Fraud Lawsuit

Guest Post by Caitlin Johnstone

The Washington Post, whose sole owner is both a CIA contractor and one of the wealthiest plutocrats of all time, has sent its Bezos-paid Ringwraiths after small independent reporters for having the temerity to talk about a lawsuit that had severe implications for the future of democracy in America.

Back in May, comedian and Youtuber Jimmy Dore released a video titled “Washington Post Caught Blatantly Lying To Their Readers Yet Again” about one of the many, many deceptions that WaPo has been caught inflicting upon their unsuspecting audience. Dore pointed out that while corporate media reporters have long served as guard dogs for the establishment, in today’s environment where plutocratic CIA contractors can openly buy up media to advance blatant propaganda, those reporters have now become attack dogs for the establishment. As an example of this new breed of establishment attack dogs who go out of their way to smear and discredit all dissenting voices, Dore named amoral Bezos android Dave Weigel, who then spent months attacking both Dore and his writers.

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A Digital Noose ‘Round Every Corner

By Doug “Uncola” Lynn via TheBurningPlatform.com

Graduation season.  Parties, commencements, speeches and lots and lots of photos.  Recently, I loaded all of the pictures onto a PC and saved them into a folder, digitally labeled and timestamped, for posterity.  The next day, I noticed a message from Microsoft.  It said:  “Click here to see the photo album we created for you!”  I clicked and saw the very same photos I had loaded just hours before.  However, I never requested for my personal memories to be shared, let alone arranged into an album organized by the company whose operating system runs my computer.  Evidently, somewhere a while back, a box must have been checked, or unchecked, thus surrendering my right to privacy.

Every day I receive e-mail requests from Linkedin.com, Facebook and other networking websites to follow, like, or join, with people I am actually acquainted with in the real world.  The messages ask me if I “know” them as I see their photos and information along with the opportunity to electronically consummate with them, should I so choose.


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Doug Casey on the Modern Space Race

Via Casey Research

Justin’s note: Jeff Bezos is selling nearly $1 billion worth of Amazon stock.

Bezos, who founded Amazon, isn’t doing this because he’s short on cash (he’s worth more than $80 billion)…or bearish on Amazon’s share price.

He’s doing this to fund his aerospace company, Blue Origin. As if that weren’t crazy enough, Bezos plans to put about $1 billion of his money into Blue Origin every year until the company can sustain itself.

Bezos isn’t the only billionaire who’s set their sights on space, either. Tesla founder Elon Musk has his own aerospace company called SpaceX.

In short, a modern space race has broken out between two of the world’s richest men.

It’s an exciting trend to say the least. So, a few days ago, I called up Doug Casey to get his take. Below is a transcript of our conversation…

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Once Upon a Time in the West

by Uncola for TheBurningPlatform.com

A war can begin slowly.  And quietly.  Decisions are made and strategies implemented as outcomes unfold. Assessments are analyzed; tactics remain fluid and adjustments are tweaked as every action elicits an opposing reaction.  As time progresses, it becomes easier to discern the enemy as the battle lines become more defined.

Originally, I was going to entitle this essay “Enemies of the State”, but the more I thought about it, the more I realized how the geopolitics of today resembles a 1960s Spaghetti Western.

The promotional trailer of Sergio Leone’s epic 1968 film, “Once Upon a Time in the West”, alludes to: “the widow, the outlaw, the gunman and the man in search of a name”.   Unless one takes the time to view the entire two hour and forty five minute film, it would be impossible to understand the characters or their individual motives, especially, regarding the protagonist as played by Charles Bronson.

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The Washington Post Accuses Stingy Americans Of Ruining Obama’s Recovery

Tyler Durden's picture

Submitted by Tyler Durden on 05/10/2016 13:37 -0400

Every year it’s the same: some legacy mainstream media mouthpiece muses on how great Obama’s recovery would be… if only it wasn’t for stingy US consumers refusing to spend like the drunken sailors of days gone by. Last June, it was the WSJ’s Jon Hilsenrath who actually wrote a letter to American consumers, confused by their unwillingness to spend and explicitly accused them of being “stingy” even as the “Federal Reserve was counting” on them to spend, spend, spend. For those who have forgotten this absolute pearl, here it is again:

Dear American Consumer,

 

This is The Wall Street Journal. We’re writing to ask if something is bothering you.

 

The sun shined in April and you didn’t spend much money. The Commerce Department here in Washington says your spending didn’t increase at all adjusted for inflation last month compared to March. You appear to have mostly stayed home and watched television in December, January and February as well. We thought you would be out of your winter doldrums by now, but we don’t see much evidence that this is the case.

 

You have been saving more too. You socked away 5.6% of your income in April after taxes, even more than in March. This saving is not like you. What’s up?

 

We know you experienced a terrible shock when Lehman Brothers collapsed in 2008 and your employer responded by firing you. We know stock prices collapsed and that was shocking too. We also know you shouldn’t have taken out that large second mortgage during the housing boom to fix up your kitchen with granite countertops.  You’ve been working very hard to pay off this debt and we admire your fortitude. But these shocks seem like a long time ago to us in a newsroom. Is that still what’s holding you back?

 

Do you know the American economy is counting on you? We can’t count on the rest of the world to spend money on our stuff. The rest of the world is in an even worse mood than you are. You should feel lucky you’re not a Greek consumer. And China, well they’re truly struggling there just to reach the very modest goal of 7% growth.

 

The Federal Reserve is counting on you too. Fed officials want to start raising the cost of your borrowing because they worry they’ve been giving you a free ride for too long with zero interest rates. We listen to Fed officials all of the time here at The Wall Street Journal, and they just can’t figure you out.

 

Please let us know the problem. You can reach us at any of the emails below.

 

Sincerely,

 

The Wall Street Journal’s Central Bank Team

 

-By Jon Hilsenrath

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Amazon Chief Says Employees Lacking Empathy Will Be Instantly Purged

Guest Post by Andy Borowitz

SEATTLE (The Borowitz Report)—Saying that he was “horrified” by a New York Times article recounting callous behavior on the part of Amazon executives, company founder Jeff Bezos warned today that any employees found lacking in empathy would be instantly purged.

In an e-mail to all Amazon employees issued late Sunday evening, Bezos said that the company would begin grading its workers on empathy, and that the ten per cent found to be least empathic would be “immediately culled from the herd.”

To achieve this goal, Amazon said that it would introduce a new internal reporting system called EmpathyTrack, which will enable employees to secretly report on their colleagues’ lack of humanity.

The system will allow Amazon employees to grade their co-workers on a scale from a hundred (nicest) to zero (pure evil), resulting in empathy-based data that will be transmitted directly to Bezos.

Then, through a new program called Next Day Purging, any employee found lacking in empathy will be removed from the company within twenty-four hours of Bezos’s termination order.

“We can’t be the greatest retailer in the world unless we are also the kindest,” Bezos wrote in his e-mail. “So my message to all Amazonians is loud and clear: be kind or taste my wrath. Love, Jeff.”