“I’m happy to say that I have hundreds of techies who support me on this. They’re not all a--holes,” Andrew Yang said. (via CNBCMakeIt)
"Amazon is the most prominent example. Amazon is [a $1 trillion] company that literally paid zero in taxes last year, and that's not unusual. They routinely pay zero or near zero in taxes," Yang told the Times. Amazon, which currently has just over a $900 billion market cap,in U.S. federal income tax on more than $11 billion in profits before taxes in 2018 and received a $129 million tax rebate from the federal government.
An Amazon spokesperson did not have a comment specifically about Yang's statements, but told CNBC Make It, "Amazon pays all the taxes we are required to pay in the U.S. and every country where we operate, including paying $2.6 billion in corporate tax and reporting $3.4 billion in tax expense over the last three years." Amazon also mentioned its investment and job creation in the U.S.
"If you look at putting a tax in place that harnesses the value that's getting generated by these companies who are the biggest winners in the 21st century economy, it is the Amazons, Googles,
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