President Trump Attacks Amazon, Incorrectly Claiming That It Owns The Washington Post For Tax Purposes (recode.net)
The Washington Post, which has been critical of Donald Trump and his administration in its coverage, has become the latest victim in Trump's Twitter tirade. On Wednesday, he accused Amazon of not "paying internet taxes (which they should)," adding that the company is using The Washington Post "in a scheme to dodge" the taxes. Quick fact check: Amazon doesn't own The Washington Post, Jeff Bezos -- in his personal capacity -- does. At any rate, Trump's furious tweets come a day after The Washington Post reported that a fake issue of Time magazine with Trump on the cover was hanging in some of the president's golf clubs. The timing of this is also awkward because just last week the president met with Bezos and other top executives to discuss ways the White House can modernize government and aid the tech industry. But the two have a long history. As Recode reminds: Meanwhile, Amazon is about to embark on what could be a lengthy government antitrust review of its bid to buy Whole Foods. Already looming large over the roughly $14 billion deal are the president's own comments: He has previously attacked Bezos and claimed the Post is a tax-dodging scheme for Amazon. "He thinks I'll go after him for antitrust," Trump said at one point during his campaign. "Because he's got a huge antitrust problem, because he's controlling so much, Amazon is controlling so much of what they are doing." Months later, Trump charged: "Believe me, if I become president, oh, do they have problems, they are going to have such problems." Meanwhile, Bezos isn't one to shy about his anti-Trump views either. At one point during the election, Bezos tweeted that he'd save a seat for Trump on his Blue Origin spacecraft, with the hashtag "sendDonaldtospace."
Sad!
But it's accurate.
deleting the extra space after periods so i can stay relevant, yeah.
BLUE ORIGIN IS FAKE SPACE!
Trump is wrong (again - big surprise).
But all sorts of companies engage in perfectly legal transactions of tax purposes.
This doesn't even involve foreign companies with weird tax rules (which is also legal).
President Trump will be taxing the internet. Pay up posters. You are going to pay for that wall!
ISIS will be defeated once we surround them with a wall, it worked for Berlin!
#MAGA!
Why the hell does anyone still care?
Don't get me wrong, the president of the US is a pretty important person and whatever he does has some effect on the world. But do we really have to hear every fart he passes? Who gives a shit about this anymore?
Wake me when he DOES something.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
He really is the president America deserves, he's an incredibly apt reflection of the population-at-large.
From the very top, the CEO instructed the producers to keep pushing Russia because it fed the anti-Trump lib-left views and generated excellent viewing numbers.
And here we are, Trump sees a cute woman, or Trump thinks this, is making the headlines. How about a former world renowned news source of excellence creating fake news after fakes new to push agendas and pander to their undemocratic viewers?
See any MSM of CNN creating a muslim gathering in London? Nope. How about them throwing stage blood on a wall to create more drama? Fortunately not everyone that works for them sticks to the party line and leaks mobile phone evidence. But you won't see it on the BBC, NBC, or any other viewer obsessed network despite the obvious real news behind this failing company.
Trump is a complete moron.
trump is satan. SAD!!
it would be a trivial tax dodge compared to what we allow with Ireland. Good to see Trump picking up the Democrats strategy to glomping down on issues the working class doesn't care about and ignoring stuff like jobs and health care. I'm sure it'll turn out for him just as well as it did for Hilary.
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Distinction without difference... The sentiment expressed is still perfectly plausible:
In Soviet Washington the swamp drains you.
Donald Turmp hates the Washington Post because it accurately reports on his treasonous crimes.
I'm sorry that the Washington post documented your carelessly executed treason, Moscow Donald.
Before the election
Dec. 10, 2015
Lt. Gen Michael Flynn is part of a panel discussion in Moscow for the 10th anniversary of government-backed Russia Today, for which he receives payment (The Washington Post, Aug. 15, 2016). Officials notice an increase in communication between Flynn and the Russian ambassador to the United States, Sergey Kislyak, following the Russia Today event (CNN, May 19, 2017).
Late 2015
British intelligence agencies detect suspicious interactions between Russia and Trump aides that they pass on to American intelligence agencies (The Guardian, April 13, 2017).
March 19, 2016
Hillary Clinton campaign chairman John Podesta is sent an email that encourages him to change his email password, likely precipitating the hack of his account (CBS News, Oct. 28, 2016).
March 21
During an interview with The Post, Trump lists Carter Page as part of his foreign policy team. Page had been recommended by a son-in-law of President Richard Nixon, New York Republican Party Chairman Ed Cox (WP, March 21, 2016).
March 28
Political veteran Paul Manafort is hired to help the Trump campaign manage the delegate process for the Republican National Convention. He is recommended by Trump confidante Roger Stone (New York Times, March 28, 2016). Before joining the campaign, Manafort lobbied on behalf of Oleg Deripaska, an ally of Russian President Vladimir Putin. That deal followed a memo from Manafort in which he offered a plan that could Ãoegreatly benefit the Putin Government.Ã His relationship with Deripaska ended in 2009 (Associated Press, March 22, 2017). Manafort also worked on behalf of the Russia-friendly Party of Regions in Ukraine, helping guide the party's leader, Viktor Yanukovych, to the country's presidency. Yanukovych would later be ousted. (WP, Aug. 19, 2016)
April 27
Sen. Jeff Sessions (R-Ala.) may have met with Kislyak at a reception at the Mayflower Hotel in Washington before a foreign-policy speech given by Trump (CNN, May 31, 2017).
June
At a closed-door meeting of foreign policy experts and the prime minister of India, Page praises Putin effusively (WP, Aug. 5, 2016).
June 15
A hacker calling himself ÃoeGuccifer 2.0Ã releases the Democratic National Committee's research file on Donald Trump (Gawker, June 15, 2016). News reports already link the stolen data to Russian hackers (WP, June 14, 2016).
July
At some point this month, the FBI begins investigating possible links between the Russian government and Trump's campaign (Wired, March 20, 2017).
July 7
Page travels to Moscow to give a lecture (NYT, April 19, 2017). The Trump campaign approved the trip (USA Today, March 7, 2017). This trip was likely the catalyst for the FBI's request for a secret surveillance warrant to track PageÃs communications (WP, May 25, 2017).
July 11 or 12
Trump campaign staffers intervene with the committee developing the Republican Party's national security platform to remove language call arming Ukraine against Russian aggression. (July 18, 2016).
July 18
At an event hosted by the Heritage Foundation as part of the Republican National Convention, Sessions and Kislyak have a brief conversation (WP, March 2, 2017).
Flynn delivers a speech at the Republican convention, joining in the crowd's ÃoeLock her up!à chant. ÃoeIf I, a guy who knows this business, if I did a tenth of what she did,à Flynn said, ÃoeI would be in jail todayà (C-Span, July 18, 2016).
July 22
Wikileaks releases emails stolen from the Democratic National Committee (WP, July 22, 2017).
Jul. 27
During his
Making Amazon Great Again
A tax dodger calling out another tax dodger, gotta love it!
What's next? calling out people for grabbing pussy?
lol, no such thing. If someone owns two companies they are effectively the same company, Trump knows this because he owns many companies, and knows how to skirt taxes with them while shifting funds between them as needed. There is no "personal capacity" for Bezos, all his assets are "personal capacity" and he writes off loses on WP to cover gains from Amazon.
..screaming about companies evading taxes, while he passes legislature creating more tax dodges for the wealthy elite.
Is there some drug or something i need to take that makes all this somehow make sense?
I'm not quite sure how you get from that to Amazon owning the Washington Post. If there are multiple possible interpretations of a statement, the one that makes the most sense is likely the correct one, not the one which best reinforces your political biases by making the speaker appear the dumbest.
I've pretty much eliminated the Washington Post from the news sources I'll click through on Google News for this exact reason - they spin nearly every story in the most anti-Trump way they can think of, rather than giving an evenhanded presentation of the facts. (And no, I didn't vote for Trump.) I wouldn't call it fake news, more like news with a double serving of editorializing on the side. I don't need my news source telling me how I should think, thank you. I guess I'll have to add Tony Romm at Recode to the list.
I was absolutely shocked when I scrolled back up to the top of this irrelevant twaddle and saw that it wasn't BeauHD that posted it. She must be out in the streets protesting and didn't have a chance.
Slashdot should not opine in its headlines. Not surprised this side is dead
Trump rarely leaves the Fox News echo chamber.
Trump seems unaware that TrumpCare is a giant tax cut for the rich by repealing the taxes that funded ObamaCare.
A senator who supports the bill left the meeting at the White House with a sense that the president did not have a grasp of some basic elements of the Senate plan — and seemed especially confused when a moderate Republican complained that opponents of the bill would cast it as a massive tax break for the wealthy, according to an aide who received a detailed readout of the exchange. Mr. Trump said he planned to tackle tax reform later, ignoring the repeal's tax implications, the staff member added.
https://www.nytimes.com/2017/06/27/us/health-care-bill-trump-pence.html
Trump apparently doesn't understand how internet businesses work, the relevant Supreme Court ruling on out of state businesses collecting state sales taxes, and the recent changes Amazon has made regarding their operations in different states so that they now collect sales taxes where they have a nexus. Big surprise.
Also he's asking for an increase in taxation, which is specifically a Democratic Party talking point. So he's not a fiscal conservative at all.
Clearly, the Republican Party should not have hitched their wagon to this psychotic rambling idiot. If the donkey party had any brains at all they could destroy this fool in the next election. But they won't because they can't get a grip on why they lost in the first place. And republicrats are in a daze because somehow they won and they keep acting like they lost.
This has nothing to do technology, science or the related culture of anything remotely related to geek / nerd concerns. What's next, a story about the Kardashians?
Get this crap out of here.
Gotta love the pedantics trying to argue over minutia with their autistic "fact checking." Trump should have said that Bezos uses WaPo as a tax dodge and as his personal billionaire soap box. Let's however not let pesky details get in the way of our 15 minutes of Trump hate!
I'm really confused about the president's position on dodging taxes. If poor people don't pay taxes, that's bad. But if a rich person gets a tax break, that's good. If one of Trump's businesses, or he himself, avoids taxes, that's just his business expertise. But if Jeff Bezos does it, that's bad again.
Help me out here. I'm really confused...
Us God fearing patriots support all you do, Dear Leader! Thanks for finally speaking for us true Americans! This country gets greater every day with you at the helm, good Sir!
The interesting thing about this is that he's only concerned about tax dodging when it involves a company he doesn't like. I'm sure there are plenty of tax loopholes that is businesses have been able to use over the years.
I think almost everyone knows that businesses don't pay the official tax rates, and the largest ones are able to pay zero or get tax refunds in some cases because they're able to buy loopholes and exploit them. Even small businesses, who are the most vocal about it, structure their transactions to avoid taxes. Wage-earners are about the only taxpayers who don't get these benefits because documented W-2 and 1099 income is directly tracked and taxed at the income tax rate. But, ask any small business owner what entity owns their car, house and personal debt -- I guarantee you the answer is "John Smith Enterprises, Inc." It's way too easy for individuals to just set up a corporation and filter every personal expense they incur through it. It's not technically legal of course, but that doesn't stop it from happening. And then those same people turn around and complain about being taxed and regulated to death...those arguments ring hollow for me.
are "Internet Taxes"? There is no over-all Federal-level sales tax. As of April 1st, 2017 (two months ago) Amazon started collecting all sales tax for states that have a sales tax, 45 states in all.
But, honestly, we've come to expect this from Trump. He may actually understand how sales tax is collected, but this type of tweet is aimed at his low-information supporters to stir their rage against various targets Trump picks for them. Whatever it takes to keep the masses angry at anyone who "opposes" him, and to keep everyone confused.
Slashdot is becoming more like ESPN everyday.
If I wanted to read Anti-Trump rhetoric I can visit various other liberal news outlets such as CNN etc.
Please stop politicizing slashdot, we come here to read tech news. Slasdhot is really losing touch with it's roots. Sad.
How is attacking one of the largest American corporations 'making America great again'? SPOILER: IT ISN'T.
I can't wait until the investigation is over and Pussy-grabber and his entire cabinet are shuffled off to Leavenworth in shackles.
Bezos tweeted that he'd save a seat for Trump on his Blue Origin spacecraft...
Trump's repeated failure to inform himself even slightly about the topics he involves himself in has so far cost him nothing.
Let's up the ante a little.
Offer Trump a place in history as the first political leader ever to take a trip into space. Offer him the choice of two tickets, both free: one would feature cramped quarters and extremely basic food for an extended trip, the other, the special "QV Laika Ticket", would feature luxurious accommodations for a considerably shorter, hotter trip.
Let him choose whichever one he likes. Since Trump has doubtless heard the term QV before, we can hope he makes the right choice.
I've calculated my velocity with such exquisite precision that I have no idea where I am.
they're not going to stop criticizing Trump (who leads the Right wing party) unless Bezos tells them to (like the owner of MSNBC tried to do with Maddow until the ratings spiked).
And WaPo is by no means the biggest loudspeaker. If you think anyone but Bernie and a handful of others in DC listen to WaPo you haven't been paying attention to the makeup of our government. The Right Wing one, hands down. Everything. They own the Senate, House, Judiciary and Executive plus all the State Legislatures. Maybe you think that's a good thing. I hope you do.
And yeah, we get it. You don't like being called Racists. So much so that we can't even have a conversation about race any more. Sheesh, and you call us Snowflakes.
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I am not a big Trump fan, but he is our president. That said, this media BS of bashing Trump every 3 seconds is getting old, and people are seeing it for the partisan BS that it is:
Lets see, Jeff Bezos owns Amazon and owns the Washington Post, but Joe sixpack doesn't know who Jeff Bezos is, but everyone knows Amazon, and Trump associates the two in his tweet. Not really all that inaccurate, just semantics and partisans looking for any negative story that they can put up about Trump without losing their jobs.
The reality is that we now have CNN firing 3 reporters for completely BS stories. We have a CNN reporter admitting on hidden camera that the Trump-Russia thing is total bullshit, and in general, we have 90% of the news stories on Trump being negative. Put yourself in his shoes. He gets elected and immediately gets slammed with this bogus Russia collusion investigation and the media is basically making up stories for months from anonymous sources that turn out not to be true (CNN stating that Comey would testify that he never told Trump that he was not being investigated and then the next day Comey testifies to the exact opposite, i.e. that he had told Trump several times that Trump was not being investigated but refused to make that information public, etc.)
I will not be at all surprised if when we drill down on the Russian collusion scandal, we actually find that this is an Obama/Clinton contingency plan to try to illegally steal an election.
Here are some undisputed facts on collusion with Russia:
- Republicans have been hostile to Communist Russia for 7 decades, Democrats have been friendly.
- Obama was caught on a hot mic telling the Russians that after his re-election he could be more flexible http://www.weeklystandard.com/...
- Hillary Clinton presided over a deal where she allowed 20% of US Uranium resources to be sold to the Russians, after which millions of dollars were donated by the interested parties to the Clinton Foundation, and Bill gave a speech in Russia for around $1M, where his normal fee was around $100k https://www.nytimes.com/2015/0...
- Hillary Clinton presided over the "Russian Reset" an attempt to normalize relations with Russia just a few months after they invaded Georgia (not the US State, the country)... http://www.politifact.com/trut...
- President Obama learned of Russian hacking attempts in the summer of 2016, and yet he chose to do nothing (supposedly out of fear of revealing sources and methods, which is BS; the entire point of intelligence is to protect the country, if you don't do that, there is no point in having sources and methods in the first place), and now he may get his ass hauled in front of congress to explain why he did not try to better secure the election that his party is so upset about losing. http://thehill.com/blogs/blog-...
I could go on, but you get the point. There is a Russian connection, but it is not Trump, it is Obama and Hillary, and the entire Russia-Trump collusion farce was a misdirect to try to thwart the investigation of the real scandals.
The entire Trump-Russia connection consists of a few Trump advisors who had business deals with Russia or Russian interests (try to find a successful multinational that doesn't do business in/with Russia, I bet Amazon has Russian deals) and one Trump advisor who jumped the gun after the election and started talking to the Russian ambasador before Trump was sworn in. Legal scholars say that this could have been prosecuted but highly likel
If you disagree, please post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like
Then get rid of corporate income tax and put the tax on the good itself.
This is how it's done in most of Europe. All those super progressive Scandinavian countries? Most have no corporate income tax. It's all collected via VAT.
It's obvious that CNN's anonymous leaker was a disinformation agent. The Trump administration planted a false, but believable story that could later be exposed as "fake news". Attempts to do this happen constantly, and not just in politics.
Lawyers have been doing it forever, plant false story through an agent in the news that later gets exposed, so that the jury pool in the community "knows" that the other side is a bunch of liars.
CNN's internal rules are in place to prevent that sort of thing (publishing disinformation and then getting exposed), but fired editors ignored the internals controls and published anyway.
The CNN people weren't fired for printing a false story, they were fired for not following procedures.
Bezos is the CEO of both companies and he uses the Washington Post as a mechanism to attack his enemies. The paper has been at the forefront of attacking Trump, who has not been friendly to Amazon, while it has been extremely mild toward other political dramas.
The fact that Bezos is the CEO of both companies does tie them together. It's not like Bezos shuts off his Amazon thinking-cap while doing anything with the Washington Post and vice versa.
Story explaining that the FBI investigation into Flynn is retaliation for him standing up for a female FBI agent being sexually harassed by McCabe. Don't know McCable? He is the one that took over $500,000 "donation" for his wife's campaign from the DNC for her Congressional run WHILE he was investigating Hillary's email server.
How about that?
Takes bribes from DNC. Check
Obstructs justice and finds Clinton clear (thanks bribes). Check
Sexually harasses subordinates. Check
Retaliates by abusing his power against people who helped people he sexually harassed. Check.
Glad to see you think taking bribes, harassing subordinates, and abusing power for personal revenge is ok.
You are a piece of crap like McCabe.
Do I need to go over the rest of your points? Or is obliterating your first one to this level enough?
When you see the attack words "Incorrectly claiming" in the TITLE of the article, how can one take seriously the article or the one who created the article?
So tell me, when has Slashdot become a Political Hack site? I thought it was a place to view Tech news? Someone enlighten me on how this is Tech news?
Bezos could sue Trump for his 1-click twitter posts. I think I read that the patent is expiring this year.
why don't you go out and lose another election
fools
Michael Flynn colluded with Russian spies, took Russian bribes, and lied on the security clearance forms designed to identify this type of treasonous behavior.
Michael Flynn and Paul Montfort retroactively registered as foreign agents, because in their time with Trump they were secret foreign agents.
I guess you just don't care about this obvious, well documented treason because your only response is to attempt to change the subject with an article from a right wing fake news and propaganda site.
The President is very much a figurehead - he wields no real power whatsoever. He is apparently chosen by the government, but the qualities he is required to display are not those of leadership but those of finely judged outrage. For this reason the President is always a controversial choice, always an infuriating but fascinating character. His job is not to wield power but to draw attention away from it.
the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff
Everybody knows that WaPo is owned by a billionaire to spread his political views, mostly in favor of Democrats. But that's OK because billionaires like Bezos, Schmidt, and Soros are the kinds of billionaires Democrats love.
Well, given the videos coming out of CNN lately, I don't think you're going to get any impeachment, ever.
Further, the Republican congress would need to consent to it, which just isn't happening. Barring more left-wing nuts shooting up baseball games, that's not likely.
You've lost every special election so far, despite dumping money into them, so no help there. The FBI leakers got the boot and Reality Winner lost. There are mid-terms coming up, but you have a ton to lose and almost nothing to gain if you bother to look at who is running. If you somehow won every single election, you'd barely pick up any seats.
So you can pretty much expect to keep losing in the near term.
And Trump didn't even claim ownership, he simply linked the two:
It should be obvious that Bezos bought the WaPo to promote his political views and the interests of his corporate empire, just like Carlos Slim bought into the NYT.
Legal documents show that Jeff Bezos "The Bedsore" did buy WaPo and does own it!
However, here is were the "legal" becomes "maybe" and the "who's doin' who" comes into play: money.
Need to show that Bezos keeps WaPo funded by shifting money from Amazon to WaPo, likely through a British West Indies Bank. And need to show that WaPo "accounting and payments dept." sends money (through the same or another British West Indies Bank) to Amazon. The interconnection is: Amazon sends money to Bezos who then sends the money (all at once or small increments) to WaPo and WaPo sends money to Bezos who then sends it to Amazon (again using banks in the British West Indies for cover).
Perhaps Mr. Trump should consider not throwing so many stones as he stands in a glass house in a tax haven far, far away.
He should lead by example.
Trump says somthing it's true. You can take it to the bank.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
by flat-out owning the biggest loudspeaker in the capital.
hilarious bullshit, trump's twitter account is the world's largest loudspeaker
offer him a comfy seat right inside one of the engine nozzles....
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While he seems to own Time magazine, because he prints out magazine covers with his stupid face on it to hang in his golf clubs.
Sad.
How low can one sink, he must live in a hole a trillion miles deep.
... aren't we on the Jeff Bezos thing? He is Amazon.
MightyMartian does not know what he posts most of the time. He appears to get talking points later than most and frequently posts them word for word obviously not understanding what he is posting.
He is using one that is at least 2 months old, he missed the Maddow "breaking news" when she got Trump's tax returns and looked like an imbicle on TV showing them off. So we can also assume MightyMartian is not a Maddow fan as well.
Here in Oklahoma, we are thankful for the electoral college. It did exactly what it was supposed to do. What is it supposed to do, you ask? Simple: It's there to prevent tyranny of the majority so large population states, like California and New York, don't have an over weighted say vs smaller states like Oklahoma and Wyoming.
If we had a direct population vote as you insinuate, then Los Angeles alone would overwhelm all of the votes of Oklahoma and Wyoming which deprives those states of representation. The electoral college assures their views are represented.
Sorry if you don't like it but it's the law of the land.....and for good reason.
This article is trash. Every single post about Donald Trump on Slashdot is trash.
Stop it.
Why doesn't everybody in the US care that the United States of America has become the laughing stock of the entire rest of the human race?
Because we have seen the opinion of the rest of the human race in this regard is about as valuable as spit, being prone to manipulation of opinion by the global elite.
And because most of the people of the U.S. only vaguely care about what the president does, since he has little impact over their lives in the end. It's not like other countries where you have to be scared of what the Glorious Leader thinks of what you say or do lest you be imprisoned or worse.
You can deride him all you want but it's not like your own leaders are any better and in a lot of ways they are vastly worse. There are not many other countries I'd rather be living in currently than the U.S...
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Quick fact check: Amazon doesn't own The Washington Post, Jeff Bezos -- in his personal capacity -- does.
Quick sanity check: As long as Bezos runs Amazon, Amazon effectively owns The Washington Post.
Unlikely, if Bezos is ethical
Ha haha haha hahahahah ah aha hoe hhe hah hoe heh haha haha *gasp*.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Trump's quote was "The #AmazonWashingtonPost, sometimes referred to as the guardian of Amazon not paying internet taxes (which they should) is FAKE NEWS!"
Does this say anything about Amazon owning the Washington post? Does it even suggest that it does?
The funny thing is that Bezos owns both, is vehemently anti-Trump and does steer the Post to defend Amazon, so Trump's comment is accurate.
This whole thread is based on partisan bullsh#! made from a true comment.
https://www.wired.com/2013/08/...
We'll make great pets
Thank the Lord Almighty for the cowboys of America, riding off into the sunset safe in the knowledge that they alone are untainted by the power of the landed gentry and money men. They can bask in the knowledge that they alone carry the torch of freedom which one day will burn the chains that shackle the rest of humanity to the teat of unjust rulers.
Actually, its sad that to defend your country you have to compare it to the worst of the rest.
Once again MightyMartian is posting old outdated talking points that he doesn't understand.
Every member of the intelligence agency has said there is no evidence of Trump Russia collusion, every one of them under oath as well. The only ones with evidence are unnamed sources at NYT and WaPo who can't show the evidence. CNN is on tape saying they are making fake stories on CNN. Your talking points are a joke at this point.
The smoking gun is the entire investigation is based on McCabe wanting revenge on Flynn. Flynn stood up against McCabe when he sexually harassed a female special agent. There is an FBI memo explaining this (which is actual evidence).
So you are parroting a debunked hoax, that pretty much everyone has admitted is false, and are now supporting a sexual harasser.
I'm sure your mother would be proud that you think abusing power to oppress sexual harassment accusers is acceptable.
Let's take Sweden for an example.
Nominal corporate income tax in the US is ~35%. In Sweden it's 22%.
That's quite a bit lower.
Nominal capital gains tax in the US is ~25%. In Sweden it's 30%
You could argue that they are about the same, since the top bracket in the US is 28%, and that's where most of the taxable capital gains revenue comes from.
So Sweden lumps a personal income tax in there as well, ON TOP of a VAT.
I don't think it's out of the realm of possibility to replace a corporate income tax with a VAT in the US. It would solve a lot of problems with the games corporations play with income.
Just so you are aware of optics, if you say "mainstream media" you look like an idiot. If you say "MSM" you look like a lunatic.
you probably don't realize it from your Breitbart/Reddit bubble, but the phrase sounds like: "I think eberybuddy is lyin to me, and I cain't trust what annyone who trusts anything but deluxe tinfoil for their hats!"
CIA controls WP...and basically all of the other networks, but WP is the most obvious. https://squawker.org/analysis/...
to cover it up. Anyway I'm praying that Trump is _not_ impeached. The last thing I want is predisent Pence. Right now Trump dampers the worst of his religious quackery...
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Can someone, PLEASE, take MR President's twitter account away from him? Shit's embarrasing, and I don't even live in the US.
You are in a twisty maze of processor lines, all alike.
There is a lot of hype here.
Whose payroll are you on? Is BIZX, LLC. funded by the Clintin Foundation or "MoveOn.org" (also an astroturfing corporation)? This isn't news for nerds. This is news by shills. Speak for yourself. Answer for us. We would like to know.
It's all their fault.
Oh, and Thanks Obama.
I love China. They make my iPhones. And H1B's, they program them.
Thanks Timmy Cook!
Trump needs serious psychological help.
Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
You do realize most of the people attacking Trump are even richer, right?
Do you a prefer a president who hides his wealth in secret shelters, or is up-front and transparent about how much money he makes?
The thing is the true "elite" are a very snobbish bunch, and you can't be one of them no matter how much money you have - which is why they despise trump.
People like you are just echoes of the real power who have managed to quite successfully brainwash you against a basically mediocre person. What a waste of energy! But it's your life to toss away on someone else's fantasy.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
But the guy that owns Amazon owns The Washington Post. Totally different.
No, Dorianny is right. States are just arbitrary marks on a map. So, why should someone on one side of an arbitrary line on a map be worth more than someone on the other side? Makes no sense at all.
Redraw the state boundaries to equalise the population per unit of whatever you are drawing (circles, rectangles, whatever).
"No other advanced country works that way."
Actually, every country with a progressive tax code does work that way. Which is nearly all advanced countries! I won't say "all advanced countries" simply because I don't know for a fact they all do. Certainly most do.
You say that 60% of income earners are net recipients from the tax system. That sounds impressive until you realize that the 60% are low earning people. Furthermore the income supports they get are relatively small, compared to average incomes.
This is not to say that tax code reform is necessarily a bad thing, or that changes (even lowering) of income benefits to poor people might be needed. However I get rather pissy when people start making inflated claims about how being poor is somehow good, or that "people aspire to be poor for the tax advantages", or any similar nonsense. This is simply bashing disadvantaged people and kicking them when they are already down.
The Bible talks a lot about poor people. There is not one word in there about how the IRS is too generous to the poor and we need to cut benefits.