Amazon paid a -1% federal tax rate last year

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According to a progressive think tank, Amazon paid a -1% federal tax rate last year, which is less than the bottom 20% of Americans did in 2015. Chicago Tribune: Amazon, the e-commerce giant helmed by the world’s richest man, paid no federal taxes on profit of $11.2 billion last year, according to an analysis of […]

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Amazon, Microsoft, and Apple fighting for WORLD’S most valuable company

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Amazon, Microsoft, and Apple are in a three-way battle for the world’s most valuable company.   CNBC: Amazon, Apple and Microsoft are in a tight race for the title of world’s most valuable public company. The three have tossed around the title over the past few trading days, each closing with a market cap over […]

Inside Amazon’s plan to take over Pro-sports broadcasting

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Amazon is continuing to expand the reach of the company and now is now looking into buying professional sports rights. CNBC: The sports rights for the big professional leagues are locked up through 2020. Traditional media players such as Disney, CBS, Comcast’s NBC and AT&T’s DirecTV and Time Warner dominate the landscape. When current rights […]

REPORT! Amazon employees losing money after Bernie backed wage increase

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It turns out that many Amazon employees will actually lose money due to the raising of the minimum wage announced by Jeff Bezos. Bloomberg: Amazon.com Inc. is eliminating monthly bonuses and stock awards for warehouse workers and other hourly employees after the company pledged this week to raise pay to at least $15 an hour. Warehouse […]

CRAZY Bernie Sanders is getting played by Jeff Bezos

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Progressives are blowing on their trumpets praising Bernie Sanders for getting Jeff Bezos to raise Amazon’s minimum wage to $15 dollars an hour. Here is an excerpt from WIRED. Wired: AFTER MONTHS OF increased public criticism about its grueling labor practices, Amazon announced Tuesday that it would begin paying all US employees, including part-time, seasonal, and temporary workers, at least […]

TRUMP WAS RIGHT: Amazon made $3.6 B in profit last year, paid no income taxes

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Splinter.com claimed that Amazon made $3.6 Billion dollars in profits last year and yet paid no income tax. Splinter: Jeff Bezos is the richest person in the world, with a personal net worth of $108 billion. In 2017, Bezos’ company, the internet retail giant Amazon, reportedly took in $5.6 billion in U.S. profits. So, how much did Amazon […]

Report: 10 Percent of Amazon’s Ohio Workforce on Food Stamps

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BY: David Rutz Amazon ranks high on a list charting Ohio’s employers with the most workers and their family members on food stamps, with a new report estimating more than 10 percent of its workforce in the state qualifies for the federal aid. The progressive policy group Policy Matters Ohio stated, as of August, Amazon had […]