The legislation contains large distributions to the oligarch class.
On April 17, 2025, Miami -Bich, Florida, Jeff Bezos visited the world champions in Miami Bich.
(Alexander Tamargo / Getti image for world champions Arabia Tour in Miami Bich)
On the cancellation on one voice, in the house there Just passed A bill that fills tax distributions for large corporations and billionaires. One of the major corporations – Amazon – will give an example of high costs for these gifts for workers and our democracy.
President Trump had did a few noises As for the increase in the highest marginal income tax rate, but the leaders of the palace decided to keep this rate by 37 percent – decreased from 39.6 percent to the last large tax reduction for wealthy in 2017.
According to A a AR report Our organizations have recently released Athens CEO, Amazon CEO Andrew Jassi uses about $ 1 million a year in tax attacks from the rate.
Amazon founder Jeff Bezos, on the other hand, does not have a large share of income tax because he, like most other ultra-account Americans, receives almost all his money from investment profits. And this money is taxed in about half of the rate as a profit from work. Law A higher tax rate The much billionaires.
How much did the bezos received from this double standard? We looked at Amazon’s shares worth $ 37 billion, which he has been selling since 2018. If we provided taxation of income from wealth by the same tariff as the income from work, the second person in the world borrowed Uncle Sam by $ 6.2 billion more than his capital gains only from these sales.
Amazon can also receive a 21 percent decline from the rate of 35 percent compared to the rate of 35 percent. And they do not intend to close the cracks that Amazon and many large corporations are exploited to pay much less. In the first four years of the law 2017, the e -commerce giant only paid 5 percent of the average effective tax rate.
Current Issue
What did Amazon and bezos do with all these tax cheat? Not presenting serious investment in your workforce, that’s true. Since 2018, the company’s average wage has increased by only 3.3 percent to $ 37. Instead, Amazon and bezos spend money union punch and hire army lobbyists block union reforms.
Perhaps this should not surprise that the corporation that opposes democracy in the workplace has now thrown its economic attention for the political regime that threatens our national democracy. In January Amazon Donate 1 million dollars For Trump’s inauguration, earning a bezos place in a number of billionaires, for the president. The company reportedly paid $ 40 million for a documentary with Melania Trump –Most of which go directly to the Trump family.
Amazon also invests large funds in the technology that Trump’s regime now uses in its repression on immigrants and federal workers. Eg cloud services Amazon, eg bring the technological platforms used by ice, an agency that increases the attacks on immigrants, Foreign Students. Leaders of work of agricultural workersand people they accused of gang members Because they don’t like their tattoos.
Also Amazon did not spare the cost of developing high -tech technologies Observation technology track every step of the workers. Through Dogeo Trump mode now relies on these methods Survey of federal workers.
Of course, Amazon is just one example of how corporations and billionaires enjoy our falsified tax system by selling our freedoms. Elon Musk which paid zero taxes at least one year Ever since becoming a billionaire, it has been charged with vital programs that protect workers, consumers and communities. Mark Zuckerberg whose meta -corporation has lived billions since 2017 Corporate tax benefitsstopped checking the facts of the disinformation engaged in hatred, on Facebook and Instagram and Stopped variety programs.
Across the country, people had enough bullies -themiLarders. Among the shares of the company Tesla stock company fell. Millions of people took to the streets during their hands, fighting oligarchy and rallies. And when people find out the details of the proposal on the budget of the House of Representatives, the protest will only be louder.
Popular
“Spend on the left below to view more authors”Spend →
Now that the House narrowly adopted its version of the bill on reconciliation of the budget, the fight goes to the Senate. We need to strengthen the requirements for the tax code that supports economic prosperity for all of us – not only billionaires and massive corporations.
Amazon is an ideal study of how falsified the tax system further expands the excessive force of corporations and wealthy over our life and our democracy. This system is necessary is the most important step in the fight against fascism.
More than Nation
St. Louis can either use the disaster as an opportunity to make the safety of all its inhabitants, or may continue the barbaric disregard.
The second Trump administration was compared to the mafia, feudal empires and oil powers of the Gulf-Bay, an even more relevant analogy could be a lifelong.
The tariff caused by tariffs, higher prices and problems with the supply chain is just the beginning of the pain.
Ding Baker during Nation
As the union membership decreases and the regulators turn to the workers, we may need to start talking about some radical changes in how the work movement works.
On Sunday, the president released absolute nonsense. This should cause assumptions about his mental capacity.
