The story headline reads\u2026 \u201cAmazon pays no income tax for\nsecond year.\u201d<\/p>\n\n\n\n
The media is feeding us a line of shit and even those who\nshould know better are repeating and promoting their misleading agenda.<\/p>\n\n\n\n
The Amazon from the story is a Limited Liability Company or\nLLC\u2026 which for federal tax purposes is a pass through entity that by design\npays no federal taxes of their own. The pass through happens when the profits\nthat the company makes flows to the ownership\u2019s personal tax return where the\nincome is taxed by the federal government.<\/p>\n\n\n\n
The question we should be asking is how much federal tax the\nowners paid! Unfortunately we\u2019ll never see the lame street media tell you that\nbecause I\u2019m sure the number is staggering.<\/p>\n","protected":false},"excerpt":{"rendered":"
The story headline reads\u2026 \u201cAmazon pays no income tax for second year.\u201d The media is feeding us a line of shit and even those who should know better are repeating and promoting their misleading agenda. The Amazon from the story is a Limited Liability Company or LLC\u2026 which for federal tax purposes is a pass through entity that by design pays no federal taxes of their own. The pass through happens when the profits that the company makes flows to the ownership\u2019s personal tax return where the income is taxed by the federal government. The question we should be asking is how much federal tax the owners paid! Unfortunately we\u2019ll never see the lame street media tell you that because… <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,4],"tags":[],"class_list":["post-516","post","type-post","status-publish","format-standard","hentry","category-stupid-is","category-us-politics"],"_links":{"self":[{"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=\/wp\/v2\/posts\/516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=516"}],"version-history":[{"count":1,"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=\/wp\/v2\/posts\/516\/revisions"}],"predecessor-version":[{"id":517,"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=\/wp\/v2\/posts\/516\/revisions\/517"}],"wp:attachment":[{"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=516"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bills-soapbox.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}