Browse By

Tag Archives: #capitalism

Amazon will pay $0 in taxes on $11,000,000,000 in profit for 2018

Amazon will pay $0 in taxes on $11,000,000,000 in profit for 2018

Jeff Bezos, founder and chief executive officer of Amazon.com Inc., listens during a discussion at the Air Force Association’s Air, Space and Cyber Conference in National Harbor, Maryland, U.S., on Wednesday, Sept. 19, 2018. (Photo: Andrew Harrer/Bloomberg via Getty Images) According to a report from the Institute

Robert Reich: Another tax scam for the rich

Robert Reich: Another tax scam for the rich

(Getty/mediaphotos) Hard to believe, but the Trump administration is proposing yet another massive tax windfall for the rich. It would be to reduce their capital gains taxes. Those are taxes on the increased value of their stocks and bonds, businesses, and other valuables, when they