US Politics/2016 Election Pick Your Poison Master Thread

[Jellybelly]

11.2 billion in 2018, is that right?

Now try googling how much they paid to Uncle Sam in 2018.
Maybe try a different search engine, as Google might try to hide it

[CountValentine]

Now try googling how much they paid to Uncle Sam in 2018.
Maybe try a different search engine, as Google might try to hide it

Keep working on the "white" mistake before you move on to your other mistakes. 

[aygart]

Now try googling how much they paid to Uncle Sam in 2018.
Maybe try a different search engine, as Google might try to hide it

I don't think it is possible to know a number for that without insider information. They claim to have paid $1.2b in income taxes over 2018 but I don't think there is a way to know whether or not it is federal and which year it is for.

[CountValentine]

What is with these Trumpsters? She mocks him, lies about it and then has to eat crow. A pattern we see all to often but the Kool-Aid drinkers refuse to call it out. Is the reason they continue to fail to call out this despicable behavior is because they agree with it?

https://www.msn.com/en-us/news/elections-2020/sarah-sanders-mocks-biden-for-stuttering-biden-responds-its-called-empathy-look-it-up/ar-BBYbmoZ?ocid=spartandhp

[CountValentine]

They claim to have paid $1.2b in income taxes over 2018...

Link?

[aygart]

Link?

Here is one among many.
https://www.wsj.com/articles/does-amazon-really-pay-no-taxes-heres-the-complicated-answer-11560504602

[CountValentine]

Here is one among many.
https://www.wsj.com/articles/does-amazon-really-pay-no-taxes-heres-the-complicated-answer-11560504602

Paywall.
Did they pay any federal income tax in 2018?
Every google search I do says no.

[aygart]

Paywall.
Did they pay any federal income tax in 2018?
Every google search I do says no.

Did Amazon really pay no taxes for 2018?

We can’t know. Amazon’s tax returns are private, and its financial statements disclose costs in terms designed for shareholders, not policy makers: It includes accounting measures of taxes, which differ from tax-return calculations.
Why do people say Amazon didn’t pay taxes?

By one measure—comparing pretax U.S. profit and the company’s “current provision” for U.S. income taxes—Amazon earned $11 billion and had a tax bill of negative $129 million in 2018, essentially getting a net benefit from the tax system.

But the current provision isn’t the same as the bottom line of Amazon’s 2018 tax return. Instead, the current provision is an accounting measure of the company’s near-term tax cost. It is an estimate of the 2018 tax bill plus settlements of past disputes, changes to past projections and updates to reflect new regulations and laws. Amazon’s total effective tax rate for 2018 was 11%, including that current provision but also adding in foreign, state and deferred taxes.

“I’ll cheerfully acknowledge that [the current provision] is not what we want to really know, but it’s also the closest thing we’re ever going to see,” said Matt Gardner, senior fellow at the Institute on Taxation and Economic Policy, the left-leaning group whose report on Amazon and other companies drew Democrats’ attention.

....


So is Amazon getting a $129 million refund?

Not necessarily. There are indications Amazon paid little or no federal income taxes for 2018. Its federal net operating loss carryforwards—accumulated losses that offset future taxable income—rose to $627 million at the end of 2018 from $226 million a year earlier, according to securities filings. Its federal tax credit carryforward—accumulated credits that offset future taxes—rose to $1.4 billion from $855 million, largely because of the research-and-development credit.

Those are signals that Amazon accumulated losses and tax credits faster than it generated income and tax liability. The law lets carryforwards smooth tax payments across business cycles and a company’s lifespan.

“Because we are in a low-margin industry and invest in innovation and infrastructure, we don’t make as much pretax profit as other tech companies, so our taxes are lower,” Amazon said in a statement.
So that means Amazon didn’t spend any money on income taxes in 2018?

No. Even though Amazon’s “current provision” number for 2018 was negative for federal taxes, Amazon said it made income-tax payments totaling $1.2 billion during that year, more than from 2011 through 2016 combined. The company doesn’t disclose how that payment was split among tax years or jurisdictions—such as the U.S., states and foreign countries. So, the $1.2 billion could include California income taxes for 2016 or U.K. payments for 2017.

[CountValentine]

Did Amazon really pay no taxes for 2018?

Short answer they paid no federal income tax in 2018.

[CountValentine]

You live if your fake reality so why not.
https://www.msn.com/en-us/news/politics/white-house-considers-arguing-that-trump-wasnt-impeached/ar-BBYczX2?ocid=spartandhp

[CountValentine]

Keep drinking the Kool-Aid if you think Trump is not immoral. Anyone who believes that would you be ok with him being a father figure for your children. Lets see who has the courage to answer that question. 
https://www.msn.com/en-us/news/politics/billy-graham-s-son-says-it-s-unfathomable-christianity-today-would-side-with-democrats-in-totally-partisan-attack-on-trump/ar-BBYcj5p?ocid=msn360

[zh cohen]

You live if your fake reality so why not.
https://www.msn.com/en-us/news/politics/white-house-considers-arguing-that-trump-wasnt-impeached/ar-BBYczX2?ocid=spartandhp

Did you even read the article? Noah Feldman is the guy Democrats brought as an expert on impeachment

https://www.twitter.com/NoahRFeldman/status/1208244706041323520

[CountValentine]

Did you even read the article? Noah Feldman is the guy Democrats brought as an expert on impeachment

I don't care who the guy is. Go ahead and try to make the case he is not impeached. 

[zh cohen]

I don't care who the guy is. Go ahead and try to make the case he is not impeached. 

He does just that in his op-ed (which you apparently didn't read before making confident statements about other people's "fake reality").

https://www.bloomberg.com/opinion/articles/2019-12-19/trump-impeachment-delay-could-be-serious-problem-for-democrats

[CountValentine]

He does just that in his op-ed (which you apparently didn't read before making confident statements about other people's "fake reality").

You are missing the point. You are telling everyone not to believe their eyes and ears but this mumbo jumbo legal stuff I am going to feed you. You better serve them the Kool-Aid first. 

[ericchavez91]

If the R's get the majority of the House in 2020 can they repeal the impeachment if it was never sent to the Senate?

[CountValentine]

If the R's get the majority of the House in 2020 can they repeal the impeachment if it was never sent to the Senate?

Now you are sounding like the D's that won't accept the election results. He is impeached!!!
His new hash tag is #IMPOTUS. Kind of fitting, no? 

[aygart]

If the R's get the majority of the House in 2020 can they repeal the impeachment if it was never sent to the Senate?

At that point what difference does it make? I have a different question. Would the Senate even be able to take it up after Trump is re-elected?

[CountValentine]

At that point what difference does it make? I have a different question. Would the Senate even be able to take it up after Trump is re-elected?

You are getting ahead of your self, no?
I have a question. What does having small hands mean? 
#IMPOTUS

[Jellybelly]

RNCResearch: CNN's Enten: CNN poll shows "massive movement towards the president," booming economy
https://t.co/nXRQfdB6n9 ...

@CountValentine care to comment?