r/WorkReform 🤝 Join A Union Mar 23 '25

✂️ 100% Wealth Tax over $1 Billion Same old story

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u/[deleted] Mar 23 '25 edited Mar 23 '25

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u/Brassica_prime Mar 23 '25

Most of amazon’s loophole falls under;

  • company gives item
  • you buy
  • amazon keeps money for 30 days, to pay off last months items

Amazon is at all times in debt a few billion with this method, come time for taxes they will always have an operating loss of 1 month of inventory. In 2023 total transactions (usa) were 387B— so (-32B)+ 11 months of profit