Amazon Is Eliminating Bonuses, Stock Awards to Help Pay for $15 Minimum Wage Raises

[Maschine_Man]

I agree with the dude talking about we need less government.

there are policies and practices in place that stop companies from doing shadyshyt, yet these policies remain unenforced.
that shows to you how inept and bureaucratic government management (and/or interference) can be. I think before ppl start asking for MORE government intervention, they should be asking the government to be responsible and enforce the things that are currently in place.

the economy WILL fix itself, THAT is economics. The consumers will decide whether the business lives or dies.
All government interaction with companies is to ensure they follow the laws and policies in place.

the government does more to kill small business than most of these big companies do.

 

[AnonymityX1000]

I agree with the dude talking about we need less government.

there are policies and practices in place that stop companies from doing shadyshyt, yet these policies remain unenforced.
that shows to you how inept and bureaucratic government management (and/or interference) can be. I think before ppl start asking for MORE government intervention, they should be asking the government to be responsible and enforce the things that are currently in place.

the economy WILL fix itself, THAT is economics. The consumers will decide whether the business lives or dies.
All government interaction with companies is to ensure they follow the laws and policies in place.

the government does more to kill small business than most of these big companies do.

Not paying corporate taxes is actually the opposite of ensuring they follow the laws and policies in place?
But yeah you right, giving them such a huge tax break did kill a lot of small businesses.

 

[Maschine_Man]

Not paying corporate taxes is actually the opposite of ensuring they follow the laws and policies in place?
But yeah you right, giving them such a huge tax break did kill a lot of small businesses.

wait....who is giving them these tax breaks?
who has all these tax exemptions and credits on place??

using what the Government has already provided, and doing it legally shouldn't be a problem.

the problem is the government put those in there FOR big businesses. small business can't afford to have teams of accountants and tax lawyers available to exploit those policies.

Amazon paid $0 in federal income taxes in 2017

Amazon lists two line items that likely got them here: tax credits worth $220 million and stock-based compensation worth $917 million.

These reflect the normal workings of the tax system, according to Annette Nellen, professor and director of the Master of Science in Taxation program at San Jose University.

"I would stress Amazon is just following the provisions that are in the law," Nellen said.

Companies aren’t required to spell out which tax credits they claim in their annual report, but Nellen said they likely include write-offs for research and development, domestic production, and equipment depreciation for Amazon.

Stock-based compensation, on the other hand, is spelled out a bit more clearly. Stocks are often handed out as a form of compensation to employees (usually executives) at small startups without much cash on hand. It’s also a common incentive for executives to make the company more profitable.

Companies are taxed on their income, which is revenue minus costs. When stocks are offered as compensation, they are counted as a cost. This reduces the company’s taxable income.

The trick for companies? They get to write off the value at which the stock was later traded, not the original price for which they sold their stock to employees.

"Even if the grant was pennies on the dollar, the companies get to write off the full market value," said Matt Gardner, senior fellow at the Institute on Taxation and Economic Policy.


Experts said there was no indication of foul play. The tax credits and write-offs for stock-based compensation that enabled this were passed by Congress.


yay....government

 

[Maschine_Man]

also....(from the same article)

A 1993 law capped untaxed executive compensation at $1 million — but the cap doesn’t apply to stock-based compensation. The new tax law signed by President Donald Trump subjects these stocks to the same rule, which will apply to Amazon’s 2018 taxes.

 

[hashmander]

russia today has a singular purpose, there is no differentiation between the content and the source. anyway you're fine with russia's actions so

quoting my own post to put this here. RT fan boys.

 

[Pressure]

I agree with the dude talking about we need less government.

there are policies and practices in place that stop companies from doing shadyshyt, yet these policies remain unenforced.
that shows to you how inept and bureaucratic government management (and/or interference) can be. I think before ppl start asking for MORE government intervention, they should be asking the government to be responsible and enforce the things that are currently in place.

the economy WILL fix itself, THAT is economics. The consumers will decide whether the business lives or dies.
All government interaction with companies is to ensure they follow the laws and policies in place.

the government does more to kill small business than most of these big companies do.

You live in Canada.

No, you actually left the US to live in Canada.

But more government is now bad?

 

[⭐⭐⭐⭐⭐]

The government can fine and penalize companies with corrupt practices. Yelp can't.

The market responds. Companies would be penalized by the market

 

[mag357]

Them Amazon nikkaz work like... dawgs... i was like, "theyre getting an increase to 15bux... what the fukk was they paying them b4"

 

[⭐⭐⭐⭐⭐]

You live in Canada.

No, you actually left the US to live in Canada.

But more government is now bad?

How stupid can you be? Bigger government = bigger bureaucracy = more inefficiency

Grow up. You’re retarded and you probably deride the government a lot but you’re too stupid not to realize that the solution to government failure and corruption isn’t more government

Truly an Uncle Tom

 

[Pressure]

How stupid can you be? Bigger government = bigger bureaucracy = more inefficiency

Grow up. You’re retarded and you probably deride the government a lot but you’re too stupid not to realize that the solution to government failure and corruption isn’t more government

Truly an Uncle Tom

And how is this relevant to Amazon deciding to raise their pay for warehouse workers.

It want government mandated.

Stay on topic troll.

 

[⭐⭐⭐⭐⭐]

And how is this relevant to Amazon deciding to raise their pay for warehouse workers.

It want government mandated.

Stay on topic troll.

I applaud you for wanting to stick to the topic, but don’t call me a troll, you’re about to be taught a real lesson here. Let’s begin

What is it that you want to be mandated by the government?

 

[afterlife2009]

bezos is awful

 

[AnonymityX1000]

The market responds. Companies would be penalized by the market

Sometimes more penalties are needed when a company kills and injures people.

 

[☑︎#VoteDemocrat]

I agree with the dude talking about we need less government.

there are policies and practices in place that stop companies from doing shadyshyt, yet these policies remain unenforced.
that shows to you how inept and bureaucratic government management (and/or interference) can be. I think before ppl start asking for MORE government intervention, they should be asking the government to be responsible and enforce the things that are currently in place.

the economy WILL fix itself, THAT is economics. The consumers will decide whether the business lives or dies.
All government interaction with companies is to ensure they follow the laws and policies in place.

the government does more to kill small business than most of these big companies do.

you'd be eating lead paint chips if it wasn't for the government.

You, specifically.

 

[⭐⭐⭐⭐⭐]

Sometimes more penalties are needed when a company kills and injures people.

Nope. They are naturally regulated by liability.