Biden singles out Amazon for not paying federal taxes

Reuters2021-04-01

By Nandita Bose

WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.

Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.

Biden said Amazon was one of 91 Fortune 500 companies that "use various loopholes where they pay not a single solitary penny in federal income tax," in sharp contrast to middle class families paying over 20% tax rates.

"I don't want to punish them but that's just wrong," he said.

In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.

"If the R&D Tax Credit is a 'loophole,' it's certainly one Congress strongly intended. The R&D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama," Carney tweeted.

After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.

This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.

(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)

((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))

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Comments

AlvinTham
2021-04-01
AlvinTham
Comment and like pls, thanks!
- theresaneo:
  Done
Lely84
2021-04-01
Lely84
Needs to fork out some free dough to work out that huge spending of his administration
Navybean
2021-04-01
Navybean
“no company making billions in profits should pay a lower tax rate than firefighters and teachers” - lol
- redbean:
  ☺️
- redbean:
  ??
- Navybean:
  Hahaha
Zarkness
2021-04-01
Zarkness
Make Amazon looks bad. Lol
JaydenSee
2021-04-01
JaydenSee
Pls like and comments
- Zarkness:
  Hi
Jinkachu
2021-04-01
Jinkachu
Like and share

Leave a comment

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The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden singles out Amazon for not paying federal taxes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-01 10:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124277587","content_text":"By Nandita BoseWASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.Biden said Amazon was one of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.\"I don't want to punish them but that's just wrong,\" he said.In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.\"If the R&D Tax Credit is a 'loophole,' it's certainly one Congress strongly intended. The R&D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3936717,"gmtCreate":1617251850500,"gmtModify":1680782544940,"authorId":3575449476526094,"author":{"id":3575449476526094,"idStr":"3575449476526094","authorId":3575449476526094,"name":"theresaneo","avatar":"https://static.tigerbbs.com/9383793d8b3b77c07bbf847f3b45734f","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357126909,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":357129549,"gmtCreate":1617248272981,"gmtModify":1704697787278,"author":{"id":"3576653688169426","authorId":"3576653688169426","name":"Lely84","avatar":"https://static.tigerbbs.com/34f149aed6f506c1cee71310cc6dbf2c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576653688169426","authorIdStr":"3576653688169426"},"htmlText":"Needs to fork out some free dough to work out that huge spending of his administration","listText":"Needs to fork out some free dough to work out that huge spending of his administration","text":"Needs to fork out some free dough to work out that huge spending of his administration","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357129549","repostId":2124277587,"repostType":2,"repost":{"id":"2124277587","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617244413,"share":"https://ttm.financial/m/news/2124277587?lang=&edition=fundamental","pubTime":"2021-04-01 10:33","market":"us","language":"en","title":"Biden singles out Amazon for not paying federal taxes","url":"https://stock-news.laohu8.com/highlight/detail?id=2124277587","media":"Reuters","summary":"WASHINGTON, March 31  - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing p","content":"<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden singles out Amazon for not paying federal taxes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden singles out Amazon for not paying federal taxes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-01 10:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124277587","content_text":"By Nandita BoseWASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.Biden said Amazon was one of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.\"I don't want to punish them but that's just wrong,\" he said.In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.\"If the R&D Tax Credit is a 'loophole,' it's certainly one Congress strongly intended. The R&D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":357129034,"gmtCreate":1617248146628,"gmtModify":1704697786142,"author":{"id":"3563946272109058","authorId":"3563946272109058","name":"Navybean","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":5,"crmLevelSwitch":0,"idStr":"3563946272109058","authorIdStr":"3563946272109058"},"htmlText":"“no company making billions in profits should pay a lower tax rate than firefighters and teachers” - lol","listText":"“no company making billions in profits should pay a lower tax rate than firefighters and teachers” - lol","text":"“no company making billions in profits should pay a lower tax rate than firefighters and teachers” - lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/357129034","repostId":2124277587,"repostType":4,"repost":{"id":"2124277587","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617244413,"share":"https://ttm.financial/m/news/2124277587?lang=&edition=fundamental","pubTime":"2021-04-01 10:33","market":"us","language":"en","title":"Biden singles out Amazon for not paying federal taxes","url":"https://stock-news.laohu8.com/highlight/detail?id=2124277587","media":"Reuters","summary":"WASHINGTON, March 31  - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing p","content":"<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden singles out Amazon for not paying federal taxes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden singles out Amazon for not paying federal taxes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-01 10:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124277587","content_text":"By Nandita BoseWASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.Biden said Amazon was one of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.\"I don't want to punish them but that's just wrong,\" he said.In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.\"If the R&D Tax Credit is a 'loophole,' it's certainly one Congress strongly intended. The R&D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3937233,"gmtCreate":1617258102790,"gmtModify":1680782554105,"authorId":3560049684041165,"author":{"id":3560049684041165,"idStr":"3560049684041165","authorId":3560049684041165,"name":"redbean","avatar":"https://static.tigerbbs.com/4c4b9022f28e75fac7cef2adc0d76af8","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.05.30","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357129034,"type":1,"supId":0,"prevId":0,"content":"☺️","text":"☺️","html":"☺️"},{"id":3937249,"gmtCreate":1617258385020,"gmtModify":1680782551078,"authorId":3560049684041165,"author":{"id":3560049684041165,"idStr":"3560049684041165","authorId":3560049684041165,"name":"redbean","avatar":"https://static.tigerbbs.com/4c4b9022f28e75fac7cef2adc0d76af8","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.05.30","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357129034,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"},{"id":3936496,"gmtCreate":1617249165579,"gmtModify":1680782534508,"authorId":3563946272109058,"author":{"id":3563946272109058,"idStr":"3563946272109058","authorId":3563946272109058,"name":"Navybean","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.37%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357129034,"type":1,"supId":0,"prevId":0,"content":"Hahaha","text":"Hahaha","html":"Hahaha"}],"langContent":"EN"},{"id":357162150,"gmtCreate":1617247657570,"gmtModify":1704697779967,"author":{"id":"3572916667219493","authorId":"3572916667219493","name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572916667219493","authorIdStr":"3572916667219493"},"htmlText":"Make Amazon looks bad. Lol","listText":"Make Amazon looks bad. Lol","text":"Make Amazon looks bad. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357162150","repostId":2124277587,"repostType":4,"repost":{"id":"2124277587","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617244413,"share":"https://ttm.financial/m/news/2124277587?lang=&edition=fundamental","pubTime":"2021-04-01 10:33","market":"us","language":"en","title":"Biden singles out Amazon for not paying federal taxes","url":"https://stock-news.laohu8.com/highlight/detail?id=2124277587","media":"Reuters","summary":"WASHINGTON, March 31  - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing p","content":"<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden singles out Amazon for not paying federal taxes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden singles out Amazon for not paying federal taxes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-01 10:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124277587","content_text":"By Nandita BoseWASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.Biden said Amazon was one of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.\"I don't want to punish them but that's just wrong,\" he said.In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.\"If the R&D Tax Credit is a 'loophole,' it's certainly one Congress strongly intended. The R&D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":357166074,"gmtCreate":1617247501898,"gmtModify":1704697778341,"author":{"id":"3571546243427161","authorId":"3571546243427161","name":"JaydenSee","avatar":"https://static.tigerbbs.com/f81b1d1b9ef76e9028b0f68e5a5d3553","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571546243427161","authorIdStr":"3571546243427161"},"htmlText":"Pls like and comments&nbsp;","listText":"Pls like and comments&nbsp;","text":"Pls like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/357166074","repostId":2124277587,"repostType":4,"repost":{"id":"2124277587","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617244413,"share":"https://ttm.financial/m/news/2124277587?lang=&edition=fundamental","pubTime":"2021-04-01 10:33","market":"us","language":"en","title":"Biden singles out Amazon for not paying federal taxes","url":"https://stock-news.laohu8.com/highlight/detail?id=2124277587","media":"Reuters","summary":"WASHINGTON, March 31  - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing p","content":"<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden singles out Amazon for not paying federal taxes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden singles out Amazon for not paying federal taxes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-01 10:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124277587","content_text":"By Nandita BoseWASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.Biden said Amazon was one of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.\"I don't want to punish them but that's just wrong,\" he said.In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.\"If the R&D Tax Credit is a 'loophole,' it's certainly one Congress strongly intended. The R&D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3936330,"gmtCreate":1617247630504,"gmtModify":1680782538687,"authorId":3572916667219493,"author":{"id":3572916667219493,"idStr":"3572916667219493","authorId":3572916667219493,"name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357166074,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"EN"},{"id":357163253,"gmtCreate":1617247349172,"gmtModify":1704697774734,"author":{"id":"3569530406935035","authorId":"3569530406935035","name":"Jinkachu","avatar":"https://static.tigerbbs.com/a47cb60ff4f5df9c8eac85aa6198baa0","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3569530406935035","authorIdStr":"3569530406935035"},"htmlText":"Like and share&nbsp;","listText":"Like and share&nbsp;","text":"Like and share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357163253","repostId":2124277587,"repostType":4,"repost":{"id":"2124277587","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617244413,"share":"https://ttm.financial/m/news/2124277587?lang=&edition=fundamental","pubTime":"2021-04-01 10:33","market":"us","language":"en","title":"Biden singles out Amazon for not paying federal taxes","url":"https://stock-news.laohu8.com/highlight/detail?id=2124277587","media":"Reuters","summary":"WASHINGTON, March 31  - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing p","content":"<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden singles out Amazon for not paying federal taxes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden singles out Amazon for not paying federal taxes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-01 10:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By Nandita Bose</p><p>WASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.</p><p>Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.</p><p>Biden said Amazon was <a href=\"https://laohu8.com/S/AONE\">one</a> of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.</p><p>\"I don't want to punish them but that's just wrong,\" he said.</p><p>In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.</p><p>\"If the R&amp;D Tax Credit is a 'loophole,' it's certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> Congress strongly intended. The R&amp;D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.</p><p>After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.</p><p>This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p><p>(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)</p><p>((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124277587","content_text":"By Nandita BoseWASHINGTON, March 31 (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc    for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate.Biden's infrastructure plan unveiled earlier in the day increases the corporate tax rate to 28% from 21% and changes the tax code to close loopholes that allow companies to move profits overseas, according to a 25-page briefing paper released by the White House.Biden said Amazon was one of 91 Fortune 500 companies that \"use various loopholes where they pay not a single solitary penny in federal income tax,\" in sharp contrast to middle class families paying over 20% tax rates.\"I don't want to punish them but that's just wrong,\" he said.In response, an Amazon spokeswoman pointed to tweet on research and development tax credits by Jay Carney, the company's public policy and communications chief and a former White House press secretary under former President Barack Obama.\"If the R&D Tax Credit is a 'loophole,' it's certainly one Congress strongly intended. The R&D Tax credit has existed since 1981, was extended 15 times with bi-partisan support and was made permanent in 2015 in a law signed by President Obama,\" Carney tweeted.After paying $0 in federal taxes for two years, Amazon started paying federal income tax in 2019.This is not the first time Biden has gone after Amazon. In June 2019, he named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.(Reporting by Nandita Bose in Washington; Editing by Aurora Ellis)((nandita.bose@thomsonreuters.com; +12023545868; Reuters Messaging: nandita.bose.reuters.com@reuters.net))","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":55,"commentSize":28,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2124277587"}