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Bess Levin, Vanity Fair
Levin writes: "The tech giant takes issue with the notion that its founder's wealth is predicated on paying 'starvation wages.'"
EXCERPT:
The company responded similarly back in April when Elizabeth Warren introduced a proposal called the Real Corporate Profits tax, which would apply a 7% tax to all corporate profits over $100 million. Under her plan, for instance, Amazon would have paid $698 million in taxes last year, rather than the zero-dollar check it actually wrote Uncle Sam. Amazon, it seemed, did not appreciate being singled out, huffily insisting that it “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,” to which Warren effectively responded, “Did I stutter?”
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