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Politics AOC Condemns U.S. System That Allows Trump, Amazon to Pay Almost No Taxes But Doesn't Fund Health Care For All

00:16  30 september  2020
00:16  30 september  2020 Source:   newsweek.com

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Opinion: Trump doesn ’ t pay taxes ? That’ s old news. The real story is the president’ s personal debts coming due. 91.4k · 5910 comments. AOC Condemns 'Misogynistic' Republicans for Not Criticizing Trump ' s K Hairstyling Write-Off While Attacking Her 0 Haircut.

Trump does Not Amazon is having no taxes because they lost billions recouping loses. By the way the House of Representatives controls taxes and spending. The years Amazon paid no taxes started under Obama and is because the company reinvests it’ s profits back into the company which is legal

Congresswoman Alexandria Ocasio-Cortez on Tuesday criticized the U.S. system that enables large companies like Amazon and high-profile business leaders like President Donald Trump to pay little or no federal income tax.

Donald Trump wearing a suit and tie: President Donald Trump speaks during a briefing at the White House September 27, 2020, in Washington, D.C. According to a recent report by The New York Times, Trump paid just $750 in federal income taxes in 2016, the year he won the election. Congresswoman Alexandria Ocasio-Cortez criticized the U.S. tax system in a tweet on Tuesday in response to the Times' investigation. © BRENDAN SMIALOWSKI/AFP via Getty Images President Donald Trump speaks during a briefing at the White House September 27, 2020, in Washington, D.C. According to a recent report by The New York Times, Trump paid just $750 in federal income taxes in 2016, the year he won the election. Congresswoman Alexandria Ocasio-Cortez criticized the U.S. tax system in a tweet on Tuesday in response to the Times' investigation.

The representative for New York's 14th District said she couldn't understand the people who both defend the country's tax system and question how changes to the health care system and other progressive initiatives could be funded.

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"The nerve of people who ask 'how are you going to pay for it?' whenever we propose building advanced public education, healthcare, & climate infrastructure yet defend a system where Trump pays $750 in taxes and Amazon pays none is beyond me," Ocasio-Cortez said on Twitter.

Ocasio-Cortez's comments came in the wake of a report on Trump's tax returns published by The New York Times Sunday. Trump's tax returns have long been in question due to his refusal to release them before the 2016 presidential election and in the four years after. Though Trump said in 2014 that he would be open to sharing his tax information with the American public, he has repeatedly said in the years since that he was under audit by the Internal Revenue Service (IRS), an assertion the paper said was due to a tax refund he claimed worth more than $72 million.

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“While our health care system grapples with the challenges caused by uncompensated care , the United States Government is “ Trump ’ s order will separate U . S . citizens from their legal immigrant spouses & loved ones. Trump ’ s anti-immigrant agenda has no bounds & is hurting American families.”

“ Amazon doesn ’ t pay taxes , but I pay taxes ,” Mr. Williams said. Akron, about an hour west, is faring better economically. Those attending this month’ s meeting ranged from a stay-at-home mother who said she hadn’t been able to pay her water bill for a year to a college professor, David Pereplyotchik.

In the report, the paper's investigators said that Trump paid $750 in 2016 and again in 2017 but had 10 years' worth of tax returns since the turn of the century where he did not pay any income tax due to his business losses. House Speaker Nancy Pelosi has said that the report, which a lawyer for the Trump Organization told The New York Times was inaccurate, revealed a "question of national security" in the midst of a contentious election season.

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Although Amazon had once collected sales tax in only a few states—those in which it had warehouses or offices—it now collects those taxes in all 45 Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U . S

President Donald Trump is a frequent critic of Amazon for paying "little or no taxes to state and local governments," though the Trump Administration' s In a blog post responding to Amazon ' s release of its 2019 tax bill, Gardner notes that "economists agree that payroll taxes are ultimately paid by

Meanwhile, Ocasio-Cortez's mention of Amazon in her Tuesday tweet was in reference to reports in years past that the company has not paid federal income tax for years during which it was operating at a profit. According to a 2018 report by the Institute on Taxation and Economic Policy, Amazon did not pay federal income tax for the 2017 year despite reporting $5.6 billion in profit in the U.S. After almost doubling its profits over the next year, Amazon again did not have to pay federal income tax due to tax credits and tax breaks allowed by the U.S. tax code, according to the institute's analysis.

Ocasio-Cortez criticized Amazon last year for not paying federal income tax, as well. In a tweet posted in February 2019, Ocasio-Cortez listed schools, firefighters, infrastructure, research and health care—all of which taxes support—and wrote, "Why should corporations that contribute nothing to the pot be in a position to take billions from the public?"

Ocasio-Cortez has been an advocate for a wide range of progressive legislation since she entered office in early 2019. She supports the Student Debt Cancellation Act of 2019, introduced the Green New Deal early in her first term and is also a vocal supporter of Medicare for All, which proposes cutting health care costs in the U.S. by creating a single-payer system.

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President Donald Trump may be able to mandate a payroll tax holiday through an executive order, but employers may be unwilling to comply unless they can count on forgiveness of those taxes , experts President Donald Trump apparently doesn ’ t have to wait for Congress to act on a payroll tax holiday.

President Donald Trump paid no federal income tax in 10 of the past 15 years due to massive business losses, and just 0 in federal taxes in 2016 and 2017, the New York Times reported on Sunday. The paper said it had acquired more than two decades’ worth of

Newsweek reached out to Amazon and Trump's campaign for comment but did not receive a response in time for publication.

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Video: Trump's returns show years of tax avoidance: NYT (Reuters)

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