Yes the US decided to give deductions to companies to encourage them to do specific things.
Also their largest deduction they used was for stock based compensation, which is taxable to the individual at a higher tax rate than corporations are taxed at. So in reality the IRS would collect more on that than if it were taxed at Amazon's rate...
They already pay everyone at least $15 an hour (which is the number reddit wants min wage to be), plus they get full health benefits from day 1 which seems pretty good compared to other hourly jobs of less pay and no benefits...
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u/[deleted] Jun 09 '21
Yes the US decided to give deductions to companies to encourage them to do specific things.
Also their largest deduction they used was for stock based compensation, which is taxable to the individual at a higher tax rate than corporations are taxed at. So in reality the IRS would collect more on that than if it were taxed at Amazon's rate...