https://www.snopes.com/fact-check/amazon-federal-taxes-2017/
Amazon also got a tax credit of several million.
Feinstein writes the laws....vote her out
She didn't write the law that gave, and keeps on giving, billions to corporations.
Millions of happy Americans will be shocked when they do their taxes for this year.
whatever...if that is so bad it needs fixing....did she fix it for you?
The tax code needs fixing, but the Pubs like it just the way it is.
and if our tax code is creating new record tax revenue {which it is} for congress to waste what would be wrong with that in a lib world?
https://tradingeconomics.com/united-states/government-revenues
" US government revenues decreased 3.2 percent year-on-year to USD 219 billion in August 2018, as individual income taxes accounted for USD 106 billion, social security and other payroll taxes for USD 93 billion and other taxes and duties for USD 24 billion. Meantime, corporate income taxes represented USD -3 billion. "
mc, where did you get your information ?
we set 2 all time records for tax revenues this spring...sorry to bust your totally biased bubble
mc, I gave my source … would you care to give yours ?
Again, a leftist uses 1 month to paint the whole picture.. Seems to be quite the MF trend.
I posted a total of expenses and revenues just a few weeks ago. We are up slightly year over year for fiscal 18 vs fiscal 17. April set all time records for both revenue and surplus. Do I need to do that every time one of your guys cherry picks one month? And if I finally get exasperated, will you then assume you're correct?
That's how libs proved the "Clinton Surplus" along with dozens of other revisions.
BTW, are you aware of just what a terrible idea corporate taxes are? They are passed on to the consumer (we the people) as a stealth tax, and discourage business and job creation in this country while encouraging it in more friendly tax climates. That's one of the reasons the corporate tax cut has acted as such a stimulus. We had, by a good margin, the highest corporate tax rate in the world.
Tim, you belittle a one month drop, but you Cons find a revised estimate of one tenth of a percent gain (.001 %) something to brag about.
I'm not belittling a one month drop. I'm saying it's a limited view of the overall picture and looks very much like cherry picking. It's exacerbated by the fact that it happens too often.
And who is bragging about a .001% increase?
" our tax code is creating new record tax revenue "
" we set 2 all time records for tax revenues "
"
We are up slightly year over year for fiscal 18 vs fiscal 17. "
https://www.google.com/search?source=hp&ei=9E-uW6DjHYG0zwLc14rQDQ&q=federal+tax+revenue+by+year&oq=federal+tax+revenue&gs_l=psy-ab.1.1.0l10.5957.22547..28630...0.0..0.187.2716.0j19......0....1..gws-wiz.......0i131.cdGYkuK-PG0
•FY 2019 - $3.42 trillion, estimated.
•FY 2018 - $3.34 trillion, estimated. (.001% increase over previous year )
•FY 2017 - $3.32 trillion. (revised from $3.33)
•FY 2016 - $3.27 trillion.
•FY 2015 - $3.25 trillion.
•FY 2014 - $3.02 trillion.
•FY 2013 - $2.77 trillion.
•FY 2012 - $2.45 trillion.
" up slightly " equates to 20 billion dollars 18 vs 17.tied for the smallest increase since at least 2012.
2016 vs 2017 up 50 billion. (Trump, no tax cut)
2017 vs 2018 up 20 billion. (Trump, with tax cut)
2012 vs 2013 up 32 billion. (Obama).
2013 vs 2014 up 25 billion. (Obama).
2014 vs 2015 up 23 billion. (Obama).
2015 vs 2016 up 20 billion. (Obama).