this post was submitted on 24 Nov 2024
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[–] Lost_My_Mind@lemmy.world 5 points 18 hours ago (2 children)

Contrast that to today, where the system is so obviously broken during a time when Amazon is paying less in total taxes than a fry cook at McDonald’s.

Wait.....by percentage, or by dollar amount?

[–] BestBouclettes@jlai.lu 9 points 18 hours ago

Mostly by percentage, but I wouldn't be surprised for the other one.

[–] raspberriesareyummy@lemmy.world 3 points 14 hours ago

Dollar amount for some markets and some years - big corps do accounting magic and end up net negative, which they can calculate against profits in another fiscal year under some circumstances, paying 0% tax