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[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]

Why should taxpayers subsidize their losses? Poor people don't get tax breaks for going into debt- they get 30% APR credit card rates. [/quote]

[b]They are not being subsidized by tax payers.[/b] Amazon is subsidizing itself, from profitable years to unprofitable years. Carried forward loss is a very basic concept and principle of operating a business that without it, companies would not take the necessary risks or make the necessary investments to grow. Think about this scenario: a successful construction company wants to expand itself into a new market, which would cause it to incur 5 million dollars in immediate expansion costs - money to rent out new facilities, purchase new equipment, hire/train new people, marketing expenses in the new market, and etc. This 5 million in investment is only going to bring in 1 million in net profit in the first year, 2 million in the second year, and 3 million in the third year. So in the first year, the company is going to have a 4 million dollar loss. Shouldn't the business be able to deduct this 4 million dollar loss against the 5 million dollars it makes in the 2nd and 3rd year? If not, then the company may decide not to make the 5 million investment, or do it over a much longer period, leading to slower economic growth. [/quote]

They get a tax break for losing money. Full stop. You can spin it however you want. That is corporate WELFARE.[/quote]

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