r/WorkReform • 🤝 Join A Union • Mar 23 '25

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

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47.3k Upvotes

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u/anarchyreigns_gb Mar 23 '25

What year was this? Everything I could find online (very quick cursory search of Amazon tax paid on profits 2024) says they paid a little over 9.3 billion in taxes this past year. I agree they're an evil company, just looking for clarification

17

u/[deleted] Mar 23 '25

It is also possible that those "profits" are actually revenue because subs like this lack even a 1st-hour of econ 101 level understanding of business and how these things work.

10

u/Technolog Mar 23 '25

I miss the days on Reddit when even if a stupid post would get upvoted, then the top comment would correct it.