Amazon fires back at Biden over tax strategies that Obama supported
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Amazon fires back at Biden over tax strategies that Obama supported


DAVID: FORMER VICE PRESIDENT JOE BIDEN MAKING WAVES WITH HIS CRITICISM OF AMAZON FOR REPORTEDLY PAYING ZERO IN FEDERAL INCOME TAXES TWEETING THIS MORNING I HAVE NOTHING AGAINST AMAZON BUT NO COMPANY PULLING IN BILLIONS OF DOLLARS OF PROFITS SHOULD PAY A LOWER TAX RATE THAN FIREFIGHTERS AND TEACHERS. WE NEED TO REWORD WORK, NOT JUST WEALTH AND NOW AMAZON IS RESPONDING TO THAT.QUOTE WE PAY $2.6 BILLION IN CORPORATE TAXES SINCE 2016 WE PAY EVERY PENNY WE OWE.CONGRESS DESIGNED TAX LAWS TO ENCOURAGE COMPANIES TO REINVEST IN THE AMERICAN ECONOMY. WE HAVE 200 BILLION INVESTMENTS SINCE 2011. 300,000 IN U.S. JOBS, ASSUME VP BIDEN’S COMPLAINT IS WITH THE TAX CODE, NOT AMAZON. HERE IS A CATCH TO THE STATEMENT. THE TAX CREDITS AMAZON USES WERE ACTUALLY SUPPORTED BY THE OBAMA ADMINISTRATION SO JOE BIDEN GUILTY OF HYPOCRISY FOR JUMPING ON THE ANTI-AMAZON BANDWAGON?>>I THINK SOME WAYS HE IS. HE WAS VICE PRESIDENT WITH SOME OF THE POLICIES WERE IMPLEMENTED AND THAT STATEMENT FROM AMAZON IS PRETTY STRONG. IT’S NOT EXACTLY LIKE THEY’RE BREAKING THE LA DAVID. WE ARE SEEING SOMETHING BIGGER HERE ON THE SIDE OF THE DEMOCRATS FOR ANYONE WHO HAS TO GET THE NOMINATION.AND BE ABLE TO MOVE TO THE FINAL ROUND VERSUS DONALD TRUMP. THEY WILL HAVE TO GO MORE LEFT TO APPEAL TO YOU KNOW, TO APPEAL TO THE VOTING BASE. WE’VE SEEN HIM FLIP-FLOP ON A NUMBER OF THINGS JUST THE OTHER DAY HE SAID CHINA WAS NOT A THREAT AND THAT HE SAYS IT IS A THERAPY HE IS BACKTRACKING ON ABORTION. AND NOW HE IS LOOKING AT THE TAX CODE. TAX CREDITS THAT HE SUPPORTED AND SAYING THERE’S A PROBLEM.>>YOU ARE SPOT ON, JACKIE. THIS IS THE END OF THE DEMOCRATIC PARTY AS WE KNOW IT. JOE BIDEN HAS GONE EXTREME LEFT. IT’S REALLY, IT’S ALMOST LAUGHABLE TO SEE HOW THEY GO BACK AND FORTH AND TRYING TO GO OFF OF THE FAKE POLLS AND JUDGMENT OF PEOPLE ALREADY HAVE 20 DEMOCRATS RUNNING. HALF OF THEM ARE JUST THERE TO RAISE MONEY THROUGH THESE FUNDS AND ONCE THEY LOSE AND JUMP OFF THE RACE TO GET THE MONEY BACK TO THE PEOPLE WHICH IS RIDICULOUS. BUT I CAN GO ON AND ON ABOUT THIS. WHO IS NEXT? [LAUGHTER]>>LET’S NOT GET CARRIED AWAY HERE ABOUT THIS. WHAT I FOUND, NO DEMOCRAT WILL GET PUNISHED FOR GOING AGAINST AMAZON IN THE NEXT 12 MONTHS SO AGAIN, AS A POLITICAL STATEMENT IS FINE. WHAT I FOUND PRETTY AMUSING ABOUT AMAZON RESPONSE, WE ARE JUST DOING WHAT IS WITHIN THE LAW. REMINDS ME OF ANOTHER GUY WHO TOOK ADVANTAGE OF THE TAX LAW BY DECLARING BANKRUPTCY AND ALL OF HIS LOSSES ON REAL ESTATE AND SAID, I WAS JUST DOING WHAT IS WITHIN THE LAW HERE. THE DIFFERENCE IS, AND WAS ON POINT THAT WE CREATE HUNDREDS OF THOUSANDS OF DOLLARS, HUNDREDS OF THOUSANDS OF JOBS THAT OTHER GUY WAS JUST HELPING HIMSELF AND HIS FAMILY. [LAUGHTER]>>BY THE WAY — JEALOUS OF YOUR TRUMP IMITATION.>>I AM NOT TRYING TO BEAT –>>AMAZON YOU KNOW EVERYONE THINKS NOW, THESE AMAZONS LIKE THEIR DADDY WERE BOX OR A MONOPOLY BOARD. GOING OFF TO THEIR YACHT. COMPANIES LIKE AMAZON AND NETFLIX AND WALMART ARE SOME OF THE GREATEST WEALTH CREATORS THAT WE’VE EVER HAD! HOW MANY SMALL COMPANIES DOES AMAZON ALLOW TO BE ON THEIR PLATFORM AND SELL THEIR GOODS THROUGH? THIS IS A COMPANY THAT PAYS HUNDREDS OF MILLIONS OF DOLLARS NOT ONLY IN THE FEDERAL TAXES, BUT IN STATE AND LOCAL TAXES. HUNDREDS OF BILLIONS OF DOLLARS FOR MEDICARE, SOCIAL SECURITY, THEY ENHANCE EVERYONE’S — DUE TO HOW CONVENIENT IT IS TO BE ABLE TO NOT LEAVE THE HOUSE AND GET SOMETHING THE NEXT DAY? I WOULD BE FINE IF AMAZON JUST CREATED JOBS AND PAID ZERO! IN FEDERAL INCOME TAXES.>>JOE BIDEN IS NOT THE ONLY 2020 CANDIDATE TAKING AIM AT AMAZON. BERNIE SANDERS ALONG WITH ALEXANDRIA OCASIO-CORTEZ ARE NOW CRITICIZING COMPANY FOR THE CREDIT CARD THAT COMES WITH A 28 PERCENT INTEREST RATE. AMAZON OF COURSE CLAIMING THE CARD IS MEANT TO HELP THOSE I HAVE NO CREDIT SCORE OR BAD SCORE BUT THEY SAY IT IS JUST THE LATEST EXAMPLE OF A COMPANY CORPORATE GREED. DOES SANDERS HAVE A POINT HERE? 20 PERCENT TOO HIGH OF AN INTEREST TO PAY FOR THIS COMPANY?>>NO! EITHER PEOPLE WITH BAD CREDIT OR NO IT, IT MEANS THEY WILL PROBABLY NOT PAY IT BACK! COME ON. WHERE ARE WE GOING? [MULTIPLE SPEAKERS]>>LET ME FINISH PLEASE. I HAVE NOT ALWAYS HAD GOOD CREDIT. I HAVE HAD BAD CREDIT. PROBABLY NOW BUT I DO NOT EXPECT HIM TO GIVE ME A CREDIT CARD AND NOT CHARGE ME INTEREST. I DO NOT HAVE TO PAY THE INTEREST OF HER PAY THE MONEY BACK.>>I WAS JUST GOING TO SAY 20 PERCENT IS EXTREMELY HIGH UNLESS YOU’RE ALTERNATIVE IS A PAYDAY LOAN OR A LOAN SHARK.>>THAT IS THE POPULATION WE ARE TALKING ABOUT THOUGH! THAT IS EXACTLY THE POPULATION.>>THERE IS INCENTIVE THERE TO TEACHES PEOPLE HOW TO BORROW MORE RESPONSIBLY. YOU CAN PUT MONEY DOWN, USE A CREDIT CARD IS A DEBIT CARD AND SORT OF WORK YOUR WAY BACK TO GETTING BACK INTO THE CREDIT GAME IF YOU HAVE READ YOUR CREDIT OR HAD TROUBLE WITH IN THE PAST. THERE’S ACTUALLY AN EDUCATIONAL ELEMENT TO IT HERE.>>ALTHOUGH, I WOULD ARGUE THAT YOU’RE PROBABLY BETTER OFF NEVER TAKING MONEY FROM A CREDIT CARD.YOU HAVE TO ALWAYS TRY TO WORK THINGS OUT. MAYBE DOWNSIZE YOUR HOUSE OR SELL OFF SOME OF YOUR VALUABLE GOODS. SELL OFF YOUR — THE LAST THING YOU WANT TO DO IS ORAL BUT THERE IS A COST FOR BAD CREDIT. THERE IS A COST, THIS IS A SYSTEM OF COST. YOU HAVE SUPPLY AND YOU HAVE DEMAND. WHEN THERE IS A LOT OF DEMAND FOR SOMETHING, THE PRICE OF IT GOES UP. THAT’S WHAT HAPPENS WITH BAD CREDIT. RIGHT GARY?>>EXACTLY. WE SHOULD BE THANKFUL THAT AMAZON IS WILLING TO TAKE THE RISK TO DO RISK TO THIS! THIS IS WHAT THE FLEAMARKET IS — THE FREE MARKET IS ALL ABOUT. YOU DO NOT WANT, NOBODY WANTS TO PAY 28 PERCENT. IF YOU DON’T DO THAT, CHANGE YOUR LIFE. BUT IF YOU’RE WILLING TO DO THAT IF YOU NEED EMERGENCY MONEY, SOMETHING LIKE THAT,

100 Comments

  • Gregory Butler

    The mentality of democrats is beyond juvenile. It's reached such a low level of intelligence even a 10 year old can see past the smoke and mirrors of vote mongering…

  • ALBERTA GIRL

    I wish these ppl had to tell the whole story what a difference it would make in how ppl understand things. Mr Trump had many businesses when the WORLD economic collapse of 08 happened, he was hardly the only one who took a huge hit. The difference between Trump and others is that his cpl businesses were ones in the hospitality industry, who during the worst of the collapse had money to vacation and gamble so of course these businesses suffered massively…. not JUST his.
    Instead of declaring bankruptcy and having all of his debts absolved he choose a chapter 8. This stopped interest payments on the money he owed which kept payments to a level where he could still keep the businesses open and make his payments thus, thousands of jobs that would have otherwise been lost, were SAVED

    WHY IS THAT PART NEVER TOLD, SEEMS TO ME HE SAVED THOUSANDS OF PPL FROM THE UNEMPLOYMENT LINES, HE DID NOT OPT TO RUN FROM HIS DEBTS… AND HE DUG HIMSELF OUT WHERE THOUSANDS OF OTHERS DID NOT

    Yet another Trump smear and why I HATE where politics and the media has gone today, the vast majority of ppl are mis informed or under informed bc these ppl can tell it any way they choose. True or not.

  • greg poulin

    There are commercials on tv, telling people how bad it is to file bankruptcy. It's says call this number to work a plan to pay off the debt in as little as 4 years so people keep paying longer. So much corruption by these lenders.

  • Joyce Benton

    I guess before we talking about Amazon taxes, we should talking about America’s own established recognitions and principles of the Capitalism systems of freedoms, entrepreneurship spirit and equality of opportunities 1st. This system is encouraging entrepreneurship spirit and recognize about the equality of opportunities principles. Amazon’s establishment was the was from bearing the fruit of the entrepreneurship spirit nature from America’s own recognitions by America’s own established principles of entrepreneurship spirit. Also it’s the equality of opportunities for Americans of all by Americans of all’s entrepreneurship spirit, creations, education efforts as well as own better plans to bear the risks of failures, financial loss or maybe possible luck of succeeding. Just as the Presidency campaign the same. Many to join the campaign, only one to win within America’s own established election and Constitution laws for us to learn more to understand more. If we have to envy others’ better achievement, the best thing is work harder and educate more and try to do better quickly. We may can’t be very rich quickly, at least won’t be poor forever in America’s own established Constitution laws. I also believe that tax is not the tools of punishment for Amazon’s achievement through Amazon’s own hardships in our country America’s own recognitions and principles of the equality of the opportunities. I understand that Americans of all’s duties are not envying, but is our own better efforts of America’s patriotism and loyalty toward our country America’s greatness to stand up strongly and firmly for America’s own established principles of the Capitalism systems of the freedom, entrepreneurship spirit and equality of opportunities for our country America’s recognitions and principles. Governing leaderships’ duties are that Governing by America’s own established principles of Foundation and Constitution laws. The matter is creating massive jobs for Americans of all to live without worrying instead of punishing job creators by entrepreneurship spirit and equality of opportunities as Amazon. Without Amazon, less jobs for sure. Internet advances will appear businesses like Amazon for sure, if realized earlier. I guess only disadvantage is that less retailers either huge or small ones are harder to survive. The moderner era of the Capitalism economy systems, always the later coming waves propel the waive ahead of them as the facts. Also the Capitalism economy systems will have to depend on the competitiveness of creation of the technologies, entrepreneurship spirit for more high tech applications to move ahead to bring country ahead instead of focusing hurting or destroying entrepreneurship spirit by punishing their successes. America’s greatness has been coming from America’s principles of the Capitalism systems of freedoms, entrepreneurship spirit and equality of opportunities. If most people from the world all like to be in America, if most countries all try to imitate America’s greatness, why America self rather to be influenced by unknown ideologies to be doubtful to own recognitions and principles of the Capitalism systems of freedoms, entrepreneurship spirit and equality of opportunities? Let’s unite together again for our country America’s greatness and greatness by America’s own established principles to encourage more entrepreneurship spirit to create more jobs for Americans of all to enjoy without worrying. We need to encourage Americans of all’s efforts of educations and entrepreneurship spirit to succeed their America’s dream. Punishing more Amazon’s success by their entrepreneurship spirit, less America’s dreams to appear, punishing severely, America’s dreams can be all gone for good. This is why I believe smaller Government will save much spending from financial resources and create more jobs to ensure Americans of all’s more stable life. Let’s unite together again by our generosity forgiveness and kindness nature toward each other’s service and mistakes and govern by Foundation and Constitution afterward together again for America’s greatness together and always.

  • Vito Tuxedo

    Everything I’ve heard coming out of the pie-holes of Biden, Bernie, and AOC relies on the stupidity of people listening to it for its acceptance. They don’t understand history, or economics, or science, or how the free market works, which makes them vulnerable to emotional manipulation.

    All politicians appeal to emotions, of course, but the Dems have brought the dark art of deception to new lows. The current crop of clowns who’ve declared their candidacy for the 2020 presidential election provide a shining example of how far self-delusion can take you once you decide that telling the truth is not a character trait you respect or intend to honor.

  • Denny O'Connor

    The liberals always promise more free stuff to the non producers to get their vote and then wail and whine they need more money and tax the producers who did not vote for them, even more to fund all that free stuff.

  • david bleh

    -D is for dumb. Businesses don’t pay taxes, their patrons do (AGAIN); you can’t tax a business. Wake up!!!🤑🤑

  • Lucieme

    Biden lies about Amazon. Fox is the other extreme, too kind with Amazon, Amazon exploits people horribly to the point of monitoring them constantly and checking even when they go to the bathroom! And the pay is very low. Same with Walmart which literally destroyed the good salaries in retailing, destroying small business from coast to coast.

  • Misha Rasic

    Did I hear that correctly???? All those democrats running are DOING SO TO GET RICH QUICK ON CAMPAIGN MONEY??? (They don't have to return money not spent TAX FREE) DANN MAYBE ILL RUN FOR PRESIDENT TAX h FREE GET MILLIONS

  • lawrence walton

    Kinda hoping Democrats select Biden as there nominee because he is the weakest presidential candidate to ever run against Trump

  • Eolfwine

    All of Mister Biden's hypocrisies are coming back to visit him. Well, you know what they say? What is done shall return again.

  • Dana Morton

    I think the democratic party is going down for the count. What they're doing is changing their name to progressive party and when that gets a bad name they will change the name to the flower children socialist new party.

  • Jerry Sherman

    hey, JOE, lets talk about your son getting billions from China – buying INFLUENCE.
    Hey, JOE, lets talk about your son's dirty dealings in Ukraine

  • Terri Davis

    I remember when Mitt Romney ran for president the left called him just another rich old white man. Well leftist what is Biden !!

  • Della Bryant

    Joe Biden doesn't have a clue!! He's a puppet on a string for the Dems nothing more!! Half the time he talks but doesn't makes much sense most days!! He doesn't know the law he doesn't do his homework!! I can imagine him as President!

  • Sheri Ferber

    Interest rate does not matter if you pay as you spend, IF you are trying to build credit. And NEVER EVER take cash out on a card.

  • Mr. perfect the only one

    WE THE PEOPLE DON'T NEED ANOTHER CORRUPT POLITICIAN TO LEAD THIS COUNTRY, not to mention that Biden hi's in the politic more than 20 or 30 years and what he did for this country beside touching young kids!! Trump is not a politician and never was a part of the corrupted politician elite from left and right!

  • Mr. perfect the only one

    Why this joker said that he can cure the cancer ONLY if we vote for him!!??/ This's a blackmail or what. first of all, I don't believe ANY word that come fro his dirty mouth _let not forget that he was vice president of the must LIAR president ever, and second, let assume that he can care the cancer, why wait until he become president!!??, why NOT TO DO IT NOW!!????????????????

  • Craig Schultz

    When I go through my online automated tax filing, it asks me if I want 'this' that deduction or 'that' deduction and on every one, I say, "No, please take more money.". That must be what Democrats do, or at least expect others to do, who aren't them.

  • JakeFrom98

    My bank denied my for a credit card I'm a college student my credits not bad but I want it better I might apply for an Amazon one to build it up and pay everything off before I get internet

  • Fred Silva

    China dominates in the marketplace that is Amazon to all of us, but very much more so to them because of the voume of junk they put out for so far less as a Communist Dictatorship of over a billion people, but why would we allow that trait, common only to China, to plow under those of us in the market who are capable of far better innovation and quality without the negative impacts on our environmental, financial, governmental and humanitarian well being?
    They slowly build pressure on the rest of the world to ultimately "see everything their way", with the eventual goal of reighning us all in under their rule by imposing the harnessed will and economic influence of their oppressed many.

  • Patty Dawson

    You will not have credit if you pay cash. The banks wont you in debt to them. I would never secure a $300.00 credit card with my own money…

  • eddie robles

    How sad that some politicians have nothing to offer except socialism , race and gender lies . Nothing of value to the America people

  • Mr. Sincere

    Biden is wealthy and already had access to the cure. He's offering it to the public only because it benefits him. This is # Disturbing!

  • sam clare

    Hey Democrats! News flash, you have nothing substantive to offer. Drama, Drama, Drama, Impeach, Impeach, Impeach. You have desensitized Americans to the point that we are simply tuning you out. The more desperate you get, the better Trump looks.MAGA2020

  • IncredibleDrone

    "THEY invest hundreds of millions of dollars…." and yet they are the largest single employer that employees need government assistance to get by. What's sad is these companies only do what they have to do by law no what is descent or right. So i guess that means by law we need to require descent and right as well.

  • Spoony Poon

    People need to let these people sink themselves and just vote Trump.. the business man who has brought economic growth

  • frankpaws

    Let's see. You employ hundreds of thousands of people. But, as a company, you aren't doing enough.
    Yet none of them, the Democrats have paid more in taxes then they had to.

    If you can't see the hypocrites in the Democrats, then KEEP LOOKING.
    AOC is asking for a raise because she feels that she deserves it after 5 months in office.
    She doesn't;t deserve it.

    I don't agree with the 28 percent rate. It is EXTREME and, but, remember Amazon is LEFT.

    I had bad credit, I waited to renew my credit and rebuilt my score to 800. But 28 percent is way to much.

    Put it at 17-18, and give these people a chance. 28 is a gouge and it is not good business.

  • Stick

    Biden needs to work on curing his pedophilia first and then his sleeping problem, then give him a tissue to cry in like Obama and Hilary because you cant stop the Trump train!!! 2020 baby all the way TRUMP

  • TheMrgoodmanners

    I've always said it abt dems,obama was one of the most arsenine democrats to have ever graced the presidency, i will.never understand why people like him yet hate trump. Their policies were one and the same

  • Stick

    They dont reseaarch anything, that’s why Biden is flip flopping all over the place, the media has him twisted, the whole democratic party is out of control with lies, when you are doing wrong you lie to cover up and then you dont even know what to believe or say anymore

  • 12schnsaint

    Stop with these traitors old fucks. Burn down capital hill and clean out the seats of Congress. They are not for the people but forntheir greed.

  • Earthnewz 2020

    that guy is a dork with the blue light blue tie um trump created plenty of jobs just another jealous democrat

  • Christopher Vang

    Joe is out of touch…What ever he say comes out wrong..Andrew Yang did criticized Amazon….But he said it is the tax code…He didn't blame on Amazon, but he is going to put VAT on them.

  • Connie LaValley

    Why does AOC keep being brought up? Nobody cares about her and if you don't mention her maybe she will just go away?

  • Jacob Lee

    People there is a huge problem with our tax code.  It isn't Amazon's or Walmart's fault, however there is serious issues with America's tax code.  Also corporate welfare is a huge problem as well.  Something both Amazon and Walmart take full advantage of.  Also the Amazon creating jobs is a joke!  How many businesses have they closed?  Both Amazon and Walmart have had negative effects on our economy over all.  That's just a fact!

  • Kevin James

    if you don't have to pay taxes because you employ people why should the people who labor all day for peanuts pay taxes. biden helped design the system he is corrupt like all of them.

  • Kevin James

    These phonies are making excuses for predatory lending. amazon they make amazon look like a charity. They are profiteers and thats all they are

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