Submitted by Much_Blacksmith_9865 t3_yibwdr in wallstreetbets
Idepreciateyou t1_iujkm9f wrote
Reply to comment by TheSneedles in Visual breakdown of AMZN Q3 FY22 Income Statement by Much_Blacksmith_9865
This isn’t how it works, chief.
TheSneedles t1_iujlnso wrote
If Amazon paid taxes on its 127B of revenue they would be paying 20B in taxes, stupid idiot
Dr-Shakalu1 t1_iujonpe wrote
If companies paid c Corp tax rates on their revenue they would all go bankrupt.
Idepreciateyou t1_iujovwb wrote
How they gonna pay $20B in taxes on $2.9B of profit?
TheSneedles t1_iujw1bu wrote
Why can’t I pay taxes on what left after my bills, regard.
Idepreciateyou t1_iuk1rtw wrote
Because you don’t own a business
SaneLad t1_iujquop wrote
That's so regarded you must be a European politician or something.
GirthWoody t1_iuju1kd wrote
Companies pay taxes on profit not revenue.
TheSneedles t1_iujw3a1 wrote
Why can’t you pay taxes on what’s left after you pay your bills?
GirthWoody t1_iujzr3p wrote
Do you understand what revenue and profit mean?
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