Taxes, Taxes, Taxes...

I am really getting fed up with this constant belly-aching:

“Amazon makes Zillions of Dollars in Profits, but pays no Taxes.”

Let's have a look at this constant complaint!

Amazon pays no “Income Taxes” because it re-invests the bulk of its profits.

Amazon pays Sales Taxes, Payroll Taxes and other kinds of Taxes.

If you had a “DoDads Store” or a “Veggy-Burger Stand” you'd be in a similar position.

You'd pay Sales Taxes, Payroll Taxes and other Taxes and, if you re-invested all your “profits” by enlarging your Veggy-Burger Stand, adding an A/C unit for the summer month and a heater for the winter, thus enabling you to carry on your profitable business all year long, you would also pay no “Income Taxes” to the amount of your investments- write-offs- and for the year in which you made these re-investments.

Additionally, if your DoDads Store recorded Losses in its early stages, you could write off part or all of these Losses in subsequent, profitable years.

If your “DoDads Store” were an international concern, you would likely establish your head office in the neighboring Lotax-Country, paying your taxes there instead of the Hightax-Country, like Austria.

As long as Amazon, or any other enterprise does not “evade” taxes, but simply “avoids” them, it acts no differently from you and your “Veggy- Burger-Stand”.

Look at your own last year's corporate tax return. Did you not deduct from your company's income all allowable amounts, in order to reduce your company's tax burden?

If you did it on a small scale, why should somebody else not be allowed to do it on the medium scale or, in some rare cases, on a large scale?

Amazon, which is the whipping-boy of large corporation's alleged misbehavior is accused of conducting slave labor practices.

In fact, Amazon's minimum wage for a warehouse worker amounts to $15.00 per hour, which is more than double the federally mandated minimum wage of $7.25.

Employee's wages range from an annual high of $150,000 to a low for a “warehouse worker” of $29,000.00 per annum.

In total, Amazon employs about 575,000 men and women.

All of the above information can be obtained by a simple search of the internet.

If we do this, we need not repeat miss-information-based rumors as if they were well researched facts.

It is, however, much easier and demands less effort to parrot miss-information, than to check around the internet for some basic facts.

And one more question: If you consider “Amazon” the devil of the business world, why, in Hell, are you still buying from them?