Democratic presidential hopeful Joe Biden on Thursday took umbrage with e-commer...
WASHINGTON - Democratic presidential hopeful Joe Biden on Thursday took umbrage with e-commerce giant Amazon.com Inc’s $0 federal tax bill in 2018 and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.
“I have nothing against Amazon, but no company pulling in billions of dollars of profits should pay a lower tax rate than firefighters and teachers. We need to reward work, not just wealth,” Biden said in a tweet. “We pay every penny we owe,” Amazon said, adding: “Congress designed tax laws to encourage companies to reinvest in the American economy. We have.”“Assume VP Biden’s complaint is the tax code, not Amazon,” the company tweeted.
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