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Joe Biden’s attempt to score some political points with a tweet about how little Amazon pays in taxes backfired Thursday when the company fired back with the facts to kill his narrative.

Biden tried to contrast the tax rate paid by Amazon with the tax rates paid by everyday workers.

“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,” Biden posted. “We need to reward work, not just wealth.”

Whoever runs the Amazon News Twitter account did not appreciate being singled out in Biden’s tweet, and felt led to correct the record.

“We’ve paid $2.6B in corporate taxes since 2016. We pay every penny we owe,” read a tweet by Amazon News. “Congress designed tax laws to encourage companies to reinvest in the American economy. We have. $200B in investments since 2011 & 300K US jobs. Assume VP Biden’s complaint is w/ the tax code, not Amazon.”

Biden’s original comment was in response to a New York Times article titled “Profitable Giants Like Amazon Pay $0 in Corporate Taxes. Some Voters Are Sick of It.”

The article paints Amazon as one of the primary tax-avoiding Fortune 500 companies, and points to President Donald Trump’s tax reform law as a big reason why that’s possible. From the Times:

It’s a topic that several presidential candidates, led by Senators Bernie Sanders and Elizabeth Warren, have hammered recently as they travel the campaign trail, spurred by a report that 60 Fortune 500 companies paid no federal taxes on $79 billion in corporate income last year. Amazon, which is reported to be opening a center in an abandoned Akron mall that will employ 500 people, has become the poster child for corporate tax avoidance; last year it had an effective tax rate of below zero — receiving a rebate — on income of $10.8 billion.

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.

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12 Comments

12 Comments

  1. Crystal Fenton

    June 14, 2019 at 1:28 pm

    A true oxymoron: Democrat Economics Expert… LOL!

  2. Steve Adams

    June 14, 2019 at 1:51 pm

    And creepy joe gets his butt handed to him again.

    • JAIME.

      June 14, 2019 at 2:03 pm

      Ha, Ha. Ha …

    • Laurie

      June 14, 2019 at 4:59 pm

      LOL, right?

  3. Carol

    June 14, 2019 at 3:24 pm

    Sleepy Joe has no idea what he talking about, he just run his dumb mouth.

  4. JaneDoe

    June 14, 2019 at 4:06 pm

    These companies get a few tax break as long as they reinvest in our communities, in our state, our economy and provide work for many Americans. There’s nothing wrong with that. Although, they receive tax breaks, they still have to pay taxes. It’s a win, win situation. As long as I can feed my family and afford to live in a community that is safe.

  5. Pat

    June 14, 2019 at 5:49 pm

    Biden definitely doesn’t do his homework before he speaks.

  6. MissD

    June 14, 2019 at 7:33 pm

    He’s thinking bout all those sweet lovelies …what a perv !!! Can’t stand him !!

  7. ca

    June 14, 2019 at 8:27 pm

    is there any doubt that this country should NEVER allow the party of pompous, ignorant fools to be that majority or hold any leadership positions on any level….

  8. fred H SMITH

    June 14, 2019 at 8:41 pm

    TYPICAL DEMOCRAT MORON…THIS JUST MEANS SOME ONE ELSE IS INVESTING THE DOLLARS WHERE WORKING PEOPLE BENEFIT,,, THE DEMOCRATS WANT TO GIVE IT TO THE ILLEGALS AND WELFARE LEECHES

  9. Michael

    June 14, 2019 at 10:00 pm

    And this idiot wants to be president. Since he likes to run his mouth about taxes and what not, I have a question: How is he going to improve the tax code when he clearly has no fucking clue how it even works in the first place?

  10. memphismom

    June 14, 2019 at 10:30 pm

    Pandering is all the Dem’s can do. Tax the rich, forgive college loans, free medical care for legal and illegals, make everyone a citizen…………………. It doesn’t need to make sense, the Dems are only out to get votes.

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