The Sun: AMAZON’S DIME Amazon paid just ONE per cent tax after making $13BILLION profit leaving taxpayers with jus $162million
media mentionOne expert found ‘no meaningful’ link between Amazon and the tax payments in the SEC filing.
Matthew Gardner, a senior fellow for the Institute on Taxation and Economic Policy, wrote: “Economists agree that payroll taxes are ultimately paid by employees in the form of reduced compensation.
“Like the sales tax, the payroll tax is one the company really just collects and sends to the government, as required by law.
“Congratulating an employer for collecting the payroll tax is like congratulating yourself for breathing. Read more