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Breaking News: Amazon, paying corporate taxes of $0, is expanding in Wisconsin - News Paper-News of the United States was founded in 1933 by David Lawrence (1888-1973), which also started the World Report in 1946. The two magazines are covering national and international news separately, but Lawrence combines them into news reports of U.S. in World and 1948 [1] and Later sold the magazine to its employees. Historically, this magazine tends to be a bit more conservative than the two main competitors, Time and Newsweek, and focus more on the story of economic, health, and education. It's also distancing news, entertainment and sports celebrities. [2] an important milestone in the history of the beginning of the magazine is including the introduction of the "Washington Whispers" column in 1934 and the column "News You Can Use" in 1952. [3] [4] in 1958, the circulation of the weekly magazine passed one million and two million in 1973. (
wikipedia) Breaking News: Amazon, paying corporate taxes of $0, is expanding in Wisconsin - News Paper
The New York Times uses Amazon's zero-dollar corporate tax payment to lede this story:
Profitable Giants Like Amazon Pay $0 in Corporate Taxes. Some Voters Are Sick of It.
For decades, profitable companies have been able to avoid corporate taxes. But the list of those paying zero roughly doubled last year as a result of provisions in President Trump’s 2017 tax bill that expanded corporate tax breaks and reduced the tax rate on corporate income.
“Amazon, Netflix and dozens of major corporations, as a result of Trump’s tax bill, pay nothing in federal taxes,” Mr. Sanders said this month during a Fox News town hall-style event. “I think that’s a disgrace.”
Oak Creek, already open in Kenosha County with the help of substantial public subsidies, is also scooping up similar subsidies as it prepares an expansion to Oak Creek.
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| Run from Seattle, Amazon is subsidized by taxpayers from Kenosha to Oak Creek. And beyond in all directions. |
And, of course, Foxconn with its $4 billion in state and local handouts - - much of it in refundable tax credits - - is about midway on the map between these operations.
How many more insanely profitable, politically-connected businesses top-heavy with powerful senior managers are we supposed to subsidize?
And yet there was Donald Trump - - Reigning King of Corporate Welfare - - in Green Bay this weekend, having pushed through with help of self-interested corporate water-carriers like Ron Johnson the very tax 'reforms' that boosted the number of big companies like Amazon which now pay no corporate taxes.
The same Reigning King of Corporate Welfare who helped strap the Foxconn deal onto the backs of Wisconsin taxpayers who stood in front of his adoring but misled audience and dishonest propagandizing (1:17:39 mark) about Democrats and socialism:
And to those who would try to impose socialism in our country, we see nothing but trouble. We see nothing but poverty. And we will say again tonight that America will never be a socialist country ever, never, never.
We're already there, my friends - - it's just an upside down socialism for the rich.
from The Political Environment http://bit.ly/2ZJn7TF
Breaking News: Amazon, paying corporate taxes of $0, is expanding in Wisconsin - News Paper
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Breaking News: Amazon, paying corporate taxes of $0, is expanding in Wisconsin - News Paper
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Breaking News: Amazon, paying corporate taxes of $0, is expanding in Wisconsin - News Paper
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