Electroverse by Poppalloff February 22, 2020
Jeff Bezos has decided to throw his hat in the ring with the propaganda police. He has pledged 10 billion dollars to pay for bad science, climate activists, and social control agendas (namely the deranged regulations that Extinction Rebellion and Greenpeace have been pushing).In an editorial in the Guardian dated Dec 02, 2019, Rupert Neate called-out Amazon along with Facebook, Google, Netflix, Apple, and Microsoft, accusing them of “aggressively avoiding†$100bn (£75bn) of global tax over the past decade.
He wrote that the six companies listed above had all been named in a report by the tax transparency campaign group Fair Tax Mark as avoiding tax by shifting revenue and profits through tax havens or low-tax countries, and for also delaying the payment of taxes they do incur.
“The report singles out Amazon, which is run by the world’s richest person, Jeff Bezos, as the worst offender. It said the group paid just $3.4bn (£2.6bn) in tax on its income so far this decade despite achieving revenues of $960.5bn and profits of $26.8bn. Fair Tax Mark said this means Amazon’s effective tax rate was 12.7% over the decade when the headline tax rate in the US has been 35% for most of that period.â€
So, is this misplaced philanthropy a sincere attempt to address a “pressing world issueâ€, an elaborate publicity stunt, or yet another tax dodge for Jeff and the Amazon crew?
More:
https://electroverse.net/dodging-tax-and-playing-god/
