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/biz/ - Business & Finance

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14263110 No.14263110 [Reply] [Original]

How do I get away with it like this?

>> No.14263141

That cranium is bursting at the seams

>> No.14263157

Step 1. Be rich
there you go, that's all you need to do
If you're poor don't even fucking thing about it or the IRS will be up your ass for not giving your hard earned cash to the state.

>> No.14263160

>>14263110
They didn't make money for like 10 years though

>> No.14263161

>>14263110
>employ millions of people
>DUDE why don't they pay TAXES

>> No.14263174

>>14263110
By making "donations" to (((charities)))

>> No.14263193

Business owner here.

They put the money back into the business. What is so fucking complex about this?

12 billion in profit
12 billion in company expenses
No taxes

They are 100% in the right. CNN just loves to twist these stories to get moral fags upset and voting Democrat.

That "profit" goes right back into the American workers hands. Not the pockets of Amazon corporate

>> No.14263211

>>14263193

Socialism with a middle man?

>> No.14263222

>>14263160

Most people lie about that shit though, through sneaky accounting

>>14263161
At bare minimum wage, soon to be taken over by robots.

>> No.14263232

The world would be a better place if this faggot was trust-busted

>> No.14263236
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14263236

>>14263110
they have a account for the employee taxes, those taxes they take out your check every paycheck and pay the government with your money and the money for their loses is a kick back by govenment. its design for them to make more money to employ more people rise repeat. basic run down how rich ppl or business dont pay taxes its more ways but yeh

im to lazy to fix any errors im sad from personal reason

>> No.14263239

>Be CIA front
>Pay no tax

>> No.14263266

>>14263193
Amazon treat their staff loke shit. My freinds kid worked there and had to wear a step counter and his toilet breaks were timed.

>> No.14263323
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14263323

>>14263193
Anyone who has ran a business knows this. I don't pay shit on taxes. Every year, the government owes ME money. It's called deductions and tax credits.
Chair? Tax deduction. Computer? Deduction. My bedroom? Well, that's my work office. Tax deduction. I even cite my electric bill, internet bill, phone bill. It's all necessary for me to continue my business.

I'm not surprised that no one here knows this basic shit, but it's still funny considering this board is called "Business & Finance."

>> No.14263324
File: 3.64 MB, 2000x2000, Wagecage.png [View same] [iqdb] [saucenao] [google]
14263324

>>14263266
Tell the kid to quit bitching and get back in his wagecage. My packages aren't going to fill themselves.

>> No.14263347

>>14263110
gotta pay that alimony

>> No.14263382

>>14263266
damn dude that sucks, they put the gun to his head and made him work there and everything

poor dude

>> No.14263406

>>14263323
This!
Same here in Brazil.
My vacations are "business trips", my donations are for an organization run by a friend of mine, even my car is business property.

>> No.14263453

>>14263347
That was just for him to cash out legally and without taxes

>> No.14263501

>>14263110
It's simple. Amazon is a company and reinvests ALL profits into R&D, equipment, and property.

Only brainlets can't understand this. Only commies despise this.

>> No.14263531

>>14263110
Is it profit or revenue?

>> No.14263554

>>14263323
I made a thread a while back putting out info on finance and the majority of the feedback was essentially, "Shut up boomer buy crypto"
This place is a joke

>> No.14263578

Businesses shouldn't be taxed anyway. Bezos still has to pay taxes on any money he takes out.

>> No.14263641

>>14263193

Depends what "profit" they are talking about.

A business can indeed make profit , AFTER EXPENSES< and still not pay taxe.

>> No.14263659

>>14263161
>dude don't be ANTISEMITIC they're doing you a favor
2 points have been added to your credit score, goy

>> No.14263664

>>14263641

Fuck got cut off. Hit enter too soon.

I was saying a business like Amazon can make genuine profit after all expenses are paid, and still not pay taxes.

They do this by carrying forward losses from prior years on their taxes for this year.

This is 100% legal and used by every business in America. Only retarded leftwing (((journalists))) who are trying to rile up the Bernie Bro "all rich people are evil" crowd use misleading and incendiary news stories to complain about it.

>> No.14263682

Define profit

>> No.14263709

>>14263324
wrong. it's already begun.
https://www.businessinsider.com/exclusive-amazon-rolls-out-machines-that-pack-orders-and-replace-jobs-2019-5

>> No.14263713

>>14263266
I wish i could supervise my employees like that. I might actually get them to work.

>> No.14263781
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14263781

>>14263554

>> No.14263795
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14263795

>>14263382
That's the funny part he literally has no choice or his bosses will blacklist him, his resume will look like shit due to leaving the job without having worked there a serious amount of time and he will have to pay his rent more and more every day. Just to make sure I get my thinly-disguised drugs that I buy with my crypto millions.

Fucking slaves, get back to work.

>> No.14263811

>>14263554
>sure just start your own business while Disney, Walmart and Amazon own everything and all the regulations are exclusively enforced on you

Lmao. I'm getting rich the Jewish way.

>> No.14263870

>>14263713
Managing and supervising are literally the most pathetic jobs. Are you proud of babysitting fully grown men who are actually being productive?

>> No.14264015

>>14263795
I know you Raziel, you are worthy...

>> No.14264300

>>14263781
>>14263811
>zoomer cope

>> No.14265252

>>14263870

I'd rather be the goy watcher than the goy wagie

>> No.14265339
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14265339

>>14263236
Sorry anon, ive been sad too because lonely and hard for me to make new frends. Hang in there bud.

>> No.14265491

>>14263160
Jeff Bozo sure did though

>> No.14265528
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14265528

>>14265339
sometimes its good to be alone

>> No.14265630

>>14263193
>>14263323
>>14263406
Profit/income is revenue minus expenses. You guys are reducing your profit by increasing your expenses. I'm guessing the headline of the article meant to use "revenue" instead of "profit."

>> No.14265663
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14265663

>>14263110
Rofl, companies don’t pay taxes in the United States....ever. The only people paying taxes are mom and pop companies and the middle class family.

>> No.14265684

>>14263193
This. It's really not that hard.
Leftist are just so retarded it's unbelievable.

>> No.14265786
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14265786

>>14263193
Governments should be cucked out of taxes whenever possible, whether poor or rich. Taxes are theft.

>> No.14265851

>>14263193
Wages have flatlined for decades despite massive increases of productivity and all of the profits have been siphoned to the executive class who are taking a larger piece of the pie that at any time in the last century.
But this is a GOOD thing if you're an obedient conservative slave working 16 hour days and shitting in a bucket under your desk because if you just pretend you're an executive, maybe one day you will be too. And be honest, in your heart of hearts you kind of feel like you're special, like you should be in charge, so it's really just a matter of time until they welcome you into the 0.1% and all the anti-worker policies that you've shilled your whole life actually pay off for you.
Oh and remember the right wing are the rational, practical ones, it's the left who live in a fantasy. Never forget that. Don't forget to doff your hat to the boss on your way to your wage cage.

>> No.14265877

This is pretty simple. It's carry forward losses on billions lost in past years.

>> No.14265889
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14265889

>>14265851
Funny.

Or become a capitalist for fucks sake. It is not hard! Working and saving >50% of your income for 10 years is a temporary sacrifice, but the capital you accumulate gives permanent benefits!

Silly you!

>> No.14265892

>>14265851
I'm not a centrist retard but both the "left" and the right in the US are right-wing in any political spectrum outside the US. It's America with its retarded laws and loopholes + subservience to another country + refusal to tax income of very high earners and their non-cash money wealth that make this whole thing awful
Yeah let's tax companies more! They will totally not pass the buck to the consumer or lower wages/continue to replace them with robots that don't need no bathroom break

>> No.14265925
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14265925

>>14265892
If america is so right-wing why is 2/3 of the total federal spending welfare? Riddle me this!?

>> No.14265934

>>14263160
I didn't make any more for years either, what's your point?

>> No.14265938

>>14265892
Corporate taxes are actually value added taxes because they are passed onto the customer!

>> No.14266073

>>14263682
What's the point? The concepts of revenue/profit/expenses are incomrehensible to NEETs and commies.

>> No.14266410

>>14265934
The point is they lost money and reinvested their slim as fuck margins for 10 years. Racking up losses to throw at taxes when they can make money. Can't pull the rug on them now or you'll create uncerntaniy.

>> No.14266530

>>14263110
buy the washington post like warren and jeff and make new kinds of friends

>> No.14266588

If I cash out <$39,375 / year after my investments become long-term capital gains, do I even need to file if it's taxed at 0%?
Is it like income beneath the threshold in this regard?
My state has a 3.1% cap gains tax. I don't mind paying $1220

If I were to report zero-tax cap gains to the IRS, could file for deductions on top of it? Property taxes, student loan interest, standard deductible, etc etc

>> No.14267401

>>14263795
Nobody's gonna fucking blacklist a bottom-rung warehouse slave. And you can lie on your resume, you know. Even after only working a week, you should know well enough what the job entails, so your lies will be more convincing and only half truths.

>> No.14267418

>>14263554
no one cares Boomer

>> No.14267540
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14267540

Wtf

>> No.14267578
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14267578

>>14263110
How do you think?

>> No.14267620

>>14263501
>Amazon is a company and reinvests ALL profits into R&D, equipment, and property.
You're the retard. R&D, equipment and property are part of their expenses. Profit is what you get after you subtract them from your revenue

>> No.14268003

>>14263501
>only communists don't like mega kike corporations paying no taxes
Kys (((ancap)))

>> No.14268086
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14268086

>>14267620

>Investment in Research & Development. Amazon invests heavily in research and development and therefore benefits from the tax credit. In 2017, as Recode stated, Amazon topped the list of U.S. companies in R&D spend, at $22.6 billion. The next closest was Alphabet at $16.6 billion. Many of Amazon's innovations have been birthed from this investment.

Investment in Property, Plant, and Equipment. Amazon’s investment in property, plant, and equipment also makes it eligible for tax credits. Cities can benefit from Amazon's investment in real estate and job creation (benefits New York City could have enjoyed). Amazon's PPE expenditure has steadily increased over the last five years, netting to approximately $60 billion as of the end of last year.

https://www.forbes.com/sites/stephaniedenning/2019/02/22/why-amazon-pays-no-corporate-taxes/#6b160d4754d5

>> No.14268163
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14268163

>>14263193
Yes because I love how a multibillion-dollar company can pay $0 in taxes while me and the rest of the middle class can pay nearly a quarter of income to the state and if a nearly 1% is left unpaid the IRS will come to rape me and my wallet in a threesome

>> No.14268330

>>14265851
Ah the rare sane & sensible 4chan post. Based & classconsciouspilled.

>> No.14268427

>>14263110
They actually pay billions in indirect taxes.
They just don't pay federal income tax because of deductible investments (that bring even more jobs).

I made 110k Euros last year, and paid 200 in income tax because I bought an office location that same year.

>> No.14268460

>>14268163
You have to pay regardless of what they do. Them paying taxes won't make your situation magically better, numbnuts.

>> No.14268467

>>14268163
see >>14268427

>> No.14268762

>>14263193
imagine being this much of a cuck and actually thinking this

>> No.14268898

>>14265892
Not standing up to companies because you're afraid they will just make things harder for you is the most beta fucking thing in the world.
I bet you never stand up to women either because you worry that upsetting them will just make your life worse. That's how you end up the miserable 50 year old man who hates his life doing whatever his cunt of a wife wants.