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Jeff Bezos made $9 billion in 2 days
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"That's $52k a second!
That's what happens when you own one of the worlds biggest companies that appears to pay very little back to the worlds economy."
Depends on how you look at it - Amazon plough all their profits back into the company, reinvesting, so technically don't have to pay tax on that; but they also employ a lot of people so they do put money back into the economy through direct and indirect taxes - PAYE, employers NI, those wages get spent locally so you've got VAT on items bought.
If governments want to get more money from these big corporations, simplify the tax system and cut the corporation tax rate, simply hiking up taxes because its seen to be popular is a sure fire way to stop them doing business here!
I'm a great believer in the free market; but I can also appreciate and respect that not everyone shares the same view, but I'm also a believer in having a safety net for those who fall on hard times, before anyone labels me a nasty Tory!  I'm more of a libertarian.
Anyway sorry about the diatribe; don't normally post about politics  |
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By (user no longer on site)
over a year ago
|
"That's $52k a second!
That's what happens when you own one of the worlds biggest companies that appears to pay very little back to the worlds economy.
Depends on how you look at it - Amazon plough all their profits back into the company, reinvesting, so technically don't have to pay tax on that; but they also employ a lot of people so they do put money back into the economy through direct and indirect taxes - PAYE, employers NI, those wages get spent locally so you've got VAT on items bought.
If governments want to get more money from these big corporations, simplify the tax system and cut the corporation tax rate, simply hiking up taxes because its seen to be popular is a sure fire way to stop them doing business here!
I'm a great believer in the free market; but I can also appreciate and respect that not everyone shares the same view, but I'm also a believer in having a safety net for those who fall on hard times, before anyone labels me a nasty Tory! I'm more of a libertarian.
Anyway sorry about the diatribe; don't normally post about politics "
.
So cut taxs yet keep safety net payouts?.
Cake and eat it hey? I like it  |
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By *umpkinMan
over a year ago
near the sounds of the wimborne quarter jack! |
New depot in Coventry was built on the promise of many (minimum wages) jobs but was built with near full automation capability! How`s that going to help the un-employed? |
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By (user no longer on site)
over a year ago
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"New depot in Coventry was built on the promise of many (minimum wages) jobs but was built with near full automation capability! How`s that going to help the un-employed?"
.
Cuz he's gonna shoot you all into space free free free at last |
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"That's $52k a second!
That's what happens when you own one of the worlds biggest companies that appears to pay very little back to the worlds economy.
Depends on how you look at it - Amazon plough all their profits back into the company, reinvesting, so technically don't have to pay tax on that; but they also employ a lot of people so they do put money back into the economy through direct and indirect taxes - PAYE, employers NI, those wages get spent locally so you've got VAT on items bought.
If governments want to get more money from these big corporations, simplify the tax system and cut the corporation tax rate, simply hiking up taxes because its seen to be popular is a sure fire way to stop them doing business here!
I'm a great believer in the free market; but I can also appreciate and respect that not everyone shares the same view, but I'm also a believer in having a safety net for those who fall on hard times, before anyone labels me a nasty Tory! I'm more of a libertarian.
Anyway sorry about the diatribe; don't normally post about politics .
So cut taxs yet keep safety net payouts?.
Cake and eat it hey? I like it "
Its been proven the reducing tax rates actually increases the tax revenue 
Make it attractive for companies to locate here and they will, surely better to have lots of slices from the whole patisserie , than one big piece from the going out of date clearance aisle. |
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"New depot in Coventry was built on the promise of many (minimum wages) jobs but was built with near full automation capability! How`s that going to help the un-employed?"
So nobody designed the machines, nobody built the machines, nobody sold the machines, nobody maintains the machines ? |
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"The majority of the staff who work in Amazon's UK fulfilment centres are employed on zero hour contracts."
And?
There are plenty of people self-employed that don't have the luxury of guaranteed hours, or holiday pay or sick pay... |
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By (user no longer on site)
over a year ago
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"That's $52k a second!
That's what happens when you own one of the worlds biggest companies that appears to pay very little back to the worlds economy.
Depends on how you look at it - Amazon plough all their profits back into the company, reinvesting, so technically don't have to pay tax on that; but they also employ a lot of people so they do put money back into the economy through direct and indirect taxes - PAYE, employers NI, those wages get spent locally so you've got VAT on items bought.
If governments want to get more money from these big corporations, simplify the tax system and cut the corporation tax rate, simply hiking up taxes because its seen to be popular is a sure fire way to stop them doing business here!
I'm a great believer in the free market; but I can also appreciate and respect that not everyone shares the same view, but I'm also a believer in having a safety net for those who fall on hard times, before anyone labels me a nasty Tory! I'm more of a libertarian.
Anyway sorry about the diatribe; don't normally post about politics "
Had you down as more of a sexy librairian |
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By (user no longer on site)
over a year ago
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"The majority of the staff who work in Amazon's UK fulfilment centres are employed on zero hour contracts.
And?
There are plenty of people self-employed that don't have the luxury of guaranteed hours, or holiday pay or sick pay..."
And?
You said they employ a lot of people. That isn't quite the case. If you scratch the surface of the very thin veneer of Amazon's corporate façade you'll find a company that exploits it's workforce. |
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By (user no longer on site)
over a year ago
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"that exploits it's workforce.
Are they forced to work there?
Why does everything have to be someone else's fault?
"
They may be nowhere else to work if you're a 55 year old redundant steel/automotive worker or 18 yr old school leaver and Amazon have set up shop in town because it knows there is a vast pool of workers they can use.
Maybe you should spend a couple of weeks working in an Amazon fulfillment centre. Then you'd realise your next Prime delivery might be free to you but comes at a cost to others. |
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"that exploits it's workforce.
Are they forced to work there?
Why does everything have to be someone else's fault?
They may be nowhere else to work if you're a 55 year old redundant steel/automotive worker or 18 yr old school leaver and Amazon have set up shop in town because it knows there is a vast pool of workers they can use.
Maybe you should spend a couple of weeks working in an Amazon fulfillment centre. Then you'd realise your next Prime delivery might be free to you but comes at a cost to others."
As I said no one forces anyone to work anywhere; I was made redundant and swore I'd never be at the mercy of another employer so I started my own business. As can anyone should they choose - Being an employee is a choice unless the slavery act has been reintroduced... |
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"And nothing! If people don't like their terms of employment then whats stopping them starting their own business, being reliant on no one and setting their own terms and conditions?"
Lack of money and support usually. |
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By (user no longer on site)
over a year ago
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"that exploits it's workforce.
Are they forced to work there?
Why does everything have to be someone else's fault?
They may be nowhere else to work if you're a 55 year old redundant steel/automotive worker or 18 yr old school leaver and Amazon have set up shop in town because it knows there is a vast pool of workers they can use.
Maybe you should spend a couple of weeks working in an Amazon fulfillment centre. Then you'd realise your next Prime delivery might be free to you but comes at a cost to others.
As I said no one forces anyone to work anywhere; I was made redundant and swore I'd never be at the mercy of another employer so I started my own business. As can anyone should they choose - Being an employee is a choice unless the slavery act has been reintroduced..."
As was I. It seems your 'safety net' has mesh 3' x 3' to enable people to fall through it. |
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"New depot in Coventry was built on the promise of many (minimum wages) jobs but was built with near full automation capability! How`s that going to help the un-employed?
So nobody designed the machines, nobody built the machines, nobody sold the machines, nobody maintains the machines ?"
Nobody built the depot either I'm guessing...... |
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By (user no longer on site)
over a year ago
|
"that exploits it's workforce.
Are they forced to work there?
Why does everything have to be someone else's fault?
They may be nowhere else to work if you're a 55 year old redundant steel/automotive worker or 18 yr old school leaver and Amazon have set up shop in town because it knows there is a vast pool of workers they can use.
Maybe you should spend a couple of weeks working in an Amazon fulfillment centre. Then you'd realise your next Prime delivery might be free to you but comes at a cost to others.
As I said no one forces anyone to work anywhere; I was made redundant and swore I'd never be at the mercy of another employer so I started my own business. As can anyone should they choose - Being an employee is a choice unless the slavery act has been reintroduced..."
Actually, if the job centre sends to an interview and you pass, you have to take the job. |
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By (user no longer on site)
over a year ago
|
"That's $52k a second!
That's what happens when you own one of the worlds biggest companies that appears to pay very little back to the worlds economy.
Depends on how you look at it - Amazon plough all their profits back into the company, reinvesting, so technically don't have to pay tax on that; but they also employ a lot of people so they do put money back into the economy through direct and indirect taxes - PAYE, employers NI, those wages get spent locally so you've got VAT on items bought.
If governments want to get more money from these big corporations, simplify the tax system and cut the corporation tax rate, simply hiking up taxes because its seen to be popular is a sure fire way to stop them doing business here!
I'm a great believer in the free market; but I can also appreciate and respect that not everyone shares the same view, but I'm also a believer in having a safety net for those who fall on hard times, before anyone labels me a nasty Tory! I'm more of a libertarian.
Anyway sorry about the diatribe; don't normally post about politics .
So cut taxs yet keep safety net payouts?.
Cake and eat it hey? I like it
Its been proven the reducing tax rates actually increases the tax revenue
Make it attractive for companies to locate here and they will, surely better to have lots of slices from the whole patisserie , than one big piece from the going out of date clearance aisle."
.
No it really hasn't, it reduces tax avoidance and evasion which frankly it's pretty obvious, I mean it's like saying that increasing the speed limit to a hundred miles an hour reduces speeding.
There's of course another way of reducing tax avoidance and evasion, you change the laws on avoidance and impose hefty prison sentences for evasion, you know a bit like we do for stuff like bank robbery murder and suchlike.
It's even better because now your ACTUALLY increasing tax take from corporations |
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