Recent Posts

Pages: [1] 2 3 4 ... 10
1
In a 2021 study the  400 top billionaires n the US paid on average just slightly over 8% in taxes. Musk Bezos and Buffett paid around 3.4%

Again, 3.4% of what?  Income?  Wealth?  What did Bezos and Buffett pay 3.4% of?  @banddag
2
A little reality check.

The top 5% of income earners pay nearly 66% of all federal taxes collected. That goes up to nearly 76% for the top 10%. The other 90% pays about 24%...
3
Hail cripples massive solar farm




There goes that 4.3MW of "renewable" energy.  How many EVs are those panels powering?

Lord but liberals are egregiously stupid people.
4
In a 2021 study the  400 top billionaires n the US paid on average just slightly over 8% in taxes. Musk Bezos and Buffett paid around 3.4%

I find this criminal and you call me a liberal   So be it

Again let's see what the actual legislation details are.  I do not think the middle class will be hit with this 44% and as I said above it will only be for transactions over a million dollars or higher . The govt is desperately trying to to get middle class people to save more

:silly:

Bullshit.  Those studies typically fail to take into account the fact that much of that income is from foreign sources and is subject to foreign tax - generally at rates higher than U.S. rates - and therefore present false - criminally false - conclusions.

Jeff Bezos does not pay an effective rate of income tax of 8%.  His effective rate of income tax is almost certainly around 40%.  He pays a U.S. rate of approximately 8% on his worldwide income because (a) he has paid a substantial amount of foreign income tax on most of that income already, and (b) the U.S. foreign tax credit system is imperfect and generally fails to fully prevent double taxation.  Furthermore, aspects of the U.S. tax system are intentionally designed to impose double taxation.  For example, the so-called "NIIT" - net investment income tax - of 3.8% cannot be offset with credits for foreign taxes paid on the same income.  As a result, even if the foreign tax rate imposed on that income is higher than the U.S. rate - for example, the German rate of tax on capital gains is generally 25%, which is five percentage points higher than the U.S. long-term rate of 20% - the income-earner still ends up paying a 3.8% U.S. income tax.  Thus, on long-term capital gains that are subject to both U.S. and foreign tax - such as German income tax - the effective rate of tax is equal to the higher rate of normal tax, plus the U.S. 3.8% NIIT.

The only thing criminal here is your willful ignorance, refusal to understand the basics of the income tax system, and egregiously false claims that the "rich" of whom you are so patently envious pay less tax than you do.

Go f**k yourself, you lousy little fascist parasite.
5
I use Signal. It is peer to peer so your encrypted messages are not sitting on some third-party server somewhere. It also normally automatically deletes messages after a specified amount of time. So normally the only record of the message is on your phone until it expires.
6
Yeppers like the govt gives a darn about the middle class.  *****rollingeyes*****

They definitely give a darn about the middle class as they are the ones paying the freight.
7
If I'm the Biden campaign I'm worried.

They should be nervous.  He sucks.  They are fortunate to have RFK to soak up disaffected voters, and Trump as the only viable alternative.  Otherwise, any president with 40% approval would be headed for a landslide defeat. 
8
In a 2021 study the  400 top billionaires n the US paid on average just slightly over 8% in taxes. Musk Bezos and Buffett paid around 3.4%

I find this criminal and you call me a liberal   So be it

Again let's see what the actual legislation details are.  I do not think the middle class will be hit with this 44% and as I said above it will only be for transactions over a million dollars or higher . The govt is desperately trying to to get middle class people to save more

Yeppers like the govt gives a darn about the middle class.  *****rollingeyes*****
9
That is hard to believe with so many brick and mortars that have shut down, usually you can find what you need on Amazon.  Their delivery is quick and returns are easy.  The only way the business would die is if there is a huge return to brick and mortar stores again or some entity has more goods and better service.  Amazon is pretty hard to beat.
10
 Inno Flores, Tech Times 28 April 2024

FTC has accused them of deleting crucial messages to the ongoing probe.

During the FTC's investigation into antitrust allegations against Amazon, the regulatory body has accused Jeff Bezos and Andy Jassy, prominent figures within the company, of deleting messages pertinent to the probe. The FTC asserts that Amazon neglected to preserve crucial documents, indicating a breach in compliance with legal requirements.

In a recent development, the Federal Trade Commission (FTC) has accused Amazon's top exclusive of deleting text messages relevant to the ongoing antitrust investigation against the company, including founder Jeff Bezos and CEO Andy Jassy. The FTC claims that Bezos, Jassy, and other Amazon executives utilized the encrypted messaging platform Signal to communicate between April 2019 and May 2022. Utilizing a feature within Signal, Bloomberg reported that these messages were not retained, potentially hindering the FTC's case against the tech giant.

Following a security breach involving Bezos' phone in 2019, Bezos and several other executives purportedly adopted Signal as a communication platform. The move came after the National Enquirer allegedly threatened to expose Bezos' private photos and text messages.

Amazon's Response, Court Examination

Tim Doyle, a spokesman for Amazon, informed that the company had proactively notified the FTC about the use of Signal by Amazon employees years ago. Doyle stated that Amazon had preserved and provided access to these communications for FTC scrutiny. Additionally, he emphasized that the conversations in question were unrelated to the ongoing investigation by the FTC.

More: https://www.techtimes.com/articles/304064/20240428/ftc-alleges-bezos-jassy-destroyed-text-messages-amid-antitrust-probe.htm
Pages: [1] 2 3 4 ... 10