For any of you that may follow the market, every time amazon branches out into a new industry, such as recently they did with healthcare, every stock in the sector amazon announces it is going into drops. Remember when Bezos started he wanted to be the worlds largest bookseller. That was his goal. He borrowed 100,000 bucks from his parents to help him start. That 100,000 he borrowed from his parents is now worth 40 billion dollars. All of amazons original employees are now multi millionaires. They made made people a lot of money through investments. Saying they don’t pay much in corporate taxes is certainly one side of they issue but businesses pay a lot of tax besides corporate. They pay tax on every desk, chair, computer, pencil etc they buy on state and local level so u need to look at the whole picture. Having said that I do wonder about anti trust laws, that’s what we call it here at least. I had no idea corporate taxes were so low in England. Can’t say I know much about business in England but here amazon gets some sweetheart deals opening new corporate headquarters but they do employee a shitload of people and bring a lot of business to areas around them. I don’t blame anyone for trying to pay as little tax as possible but I do question one of the richest corporations the world has seen, one could argue one of the worlds most revolutionary companies, getting all these sweetheart deals but if England is like the US when amazon was looking to build in England areas were fighting to get them in there. Amazon, Apple, google, faceberg and Netflix are amazing powerful companies, maybe the most powerful since the British East Indies company, which I bet payed shit for taxes. By the way, how many large English companies find ways around paying taxes.
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