Reply to Would a Republican please tell me why it is fair these corporations pay $0 taxes?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Going back to the original question,  I guess it's simply a matter of whether you consider tax-loss carry forwards fair or not.

In years past, Amazon lost a lot of money. That would be like you having a negative income for the year.  They basically get to net those losses against today's profits.

Is that fair?  I think so, but I suppose you can argue against it.
[/quote]

+1.

The case of Amazon is pretty obvious but leave it to the NYT to create fake outrage to sell some papers and some clicks and support some senseless partisan talking points.[/quote]

It's not just Amazon.   The NYT showed a list of the companies paying zero taxes and it includes Delta, Haliburton, Salesforce, IBM, Netflix and a lot of other companies Americans know.
https://www.nytimes.com/2019/04/29/us/politics/democrats-taxes-2020.html?action=click&module=Top%20Stories&pgtype=Homepage
[quote]
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.

“Amazon, Netflix and dozens of major corporations, as a result of Trump’s tax bill, pay nothing in federal taxes,” Mr. Sanders said last week during a Fox News town hall-style event. “I think that’s a disgrace.”
Amazon

Delta Air Lines

Chevron

General Motors

EOG Resources

Duke Energy

Occidental Petroleum

Dominion Energy

Honeywell

Deere & Company

American Electric Power

Public Service Enterprise Group

Kinder Morgan

Prudential Financial

Principal Financial

FirstEnergy

Xcel Energy

PulteGroup

WEC Energy

Molson Coors

Devon Energy

Pioneer Natural Resources

DTE Energy

PPL

Halliburton

Ameren

Netflix

IBM

CMS Energy

Salesforce
[/quote][/quote]

Many of those companies have NOT been "profitable companies" despite the NYT claim.

Amazon?

Netflix?

GM?

IBM?

Delta?

Someone is smoking too much pot.[/quote]

Creative accounting.  It's all a paper game, they can make their books show a profit, a loss, whatever they want.  [/quote]

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