million

Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law


“In 2017, Amazon reported $5.6 billion of U.S. profits and didn’t pay a dime of federal income taxes on it. The company’s financial statement suggests that various tax credits and tax breaks for executive stock options are responsible for zeroing out the company’s tax this year.”

Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law

The online retail giant has built its business model on tax avoidance, and its latest financial filing makes it clear that Amazon continues to be insulated from the nation’s tax system. In 2017, Amazon reported $5.6 billion of U.S. profits and didn’t pay a dime of federal income taxes on it. The…


Source

⋅ American Reformers ⋅ , , , , , , , , , ⋅ No comments

Home Depot destroys 1 million pounds of supplies in wake of hurricane


Capitalism…..

“So for many on the island, Home Depot’s decision to destroy its entire stock of merchandise following Hurricanes Irma and Maria — rather than give it to those in need — seemed especially cruel.

The company crushed one million pounds worth of goods, according to Waste Management records obtained by Channel 2 Action News. They were sent to a local landfill and claimed on the company’s insurance — rather than sorted for hurricane survivors.

Home Depot agreed to crush the inventory, according to records from the Virgin Islands Waste Management Authority, and haul it to the landfill over several days in November. The cost? $25,000.”

Home Depot destroys 1 million pounds of supplies in wake of hurricane

Waste Management records obtained by Channel 2 Action News show the company crushed one million pounds worth of goods


Source

⋅ American Reformers ⋅ , , , , , , , , ⋅ No comments

Govt Shutdown: Republicans are shamelessly NOT funding healthcare for 9 Million …



Govt Shutdown: Republicans are shamelessly NOT funding healthcare for 9 Million children so they can deport 800,000 DREAMers. New low!


Source

⋅ FaceBook ⋅ , , , , , , , ⋅ No comments

This Koch bros heir is going to save more than $4 million from the new tax bill



This Koch bros heir is going to save more than $4 million from the new tax bill


Source

⋅ FaceBook ⋅ , , , , , , , ⋅ No comments

According to one estimate, wealthy couples in NYC need $190 million to keep their heads above water


Won’t someone please think of the rich people! 😢

According to one estimate, wealthy couples in NYC need $190 million to keep their heads above water

Most people have a “happiness number” — the amount of money they need to afford the lifestyle they want.


Source

⋅ American Reformers ⋅ , , , , , , , ⋅ No comments

Senator: Someone needs to be fired over wasted $65 million plane


“How can we afford universal healthcare?!” – answer – stop giving money away to war profiteers

“The debacle unfortunately has a depressingly familiar ring. In 2014, after spending $486 million on 20 planes for the Afghan Air Force — which, yes, were never able to fly — the Pentagon sold most of them as scrap metal for a whopping 6 cents a pound. The total sale was $32,000.”

Senator: Someone needs to be fired over wasted $65 million plane

The U.S. military “wasted” nearly $65 million on a single inoperable plane that spent years resting on jacks in a warehouse and didn’t manage even one flight in Afghanistan, the Department of Defense inspector general recently reported.


Source

⋅ American Reformers ⋅ , , , , , ⋅ No comments

1 2 3