Amazon should start paying taxes, Joe Biden demands
May 22, 2020
5 4 minutes read
Joe Biden attacks Amazon in a TV interview.
AP Photo / Alex Brandon
Joe Biden, Democratic presidential nominee, attacks Amazon in an interview with CNBC.
The group should start paying its taxes, said Biden.
With a $ 12 billion profit, Amazon paid only about one percent tax in 2019.
The designated presidential candidate of the Democrats Joe Biden attacks the internet giant Amazon in a TV interview. Biden told CNBC that the company should “start paying its taxes.”
No matter how big a company is, it shouldn’t get to the point where it doesn’t pay taxes but makes billions of profits. It is an “inappropriate behavior” from Amazon. However, he does not want to smash Amazon – in contrast to his former competitor for the presidential candidacy Elizabeth Warren.
Amazon paid no taxes in 2017 and 2018
She asked corporations like Facebook, Amazon or Alphabet to be destroyed because they would have become too powerful. Biden emphasized that he would leave the antitrust assessment to others.
Biden also said it was simply about fairness. “Capitalism is about dealing fairly and honestly with its employees and the entire US population.”
Amazon paid income tax of $ 162 million in 2019. With a profit of around twelve billion US dollars, the taxes amount to only about one percent. Revenue last year was $ 280 billion. In the previous two years, Amazon paid no taxes at all.
Amazon also in a clinch with Donald Trump
Amazon has emphasized in the past, according to CNBC, that it has already paid $ 2.6 billion in taxes since 2016. Amazon also points out that it invests in jobs for US citizens.
US President Donald Trump has also been attacking Amazon for some time – but this is mainly due to his personal argument with Amazon boss Jeff Bezos. Bezos also owns the Trump-critical newspaper Washington Post.
In the corona crisis in particular, Amazon can hold up much better than other companies, as a large number of purchases have shifted to the Internet.
These secret messages are hidden in 18 well-known company logos slides
18 pictures Open picture gallery
These secret messages are hidden in 18 well-known company logos slides
Amazon: The arrow in the logo of the online retailer starts at A and points to Z. It stands for the huge range of products from Amazon. Customers should find everything they are looking for from A to Z. The arrow can also be interpreted as a smiling mouth with a small dimple – which of course belongs to a satisfied Amazon customer.
Amazon
FedEx: In the logo of the FedEx parcel delivery company, an arrow is hidden in the white space between the letters. It is supposed to symbolize efficiency and a forward movement.
Gillette: If you take a closer look at the “G” and the “i”, you can see the razor-sharp edges. They stand for the main product of the group: razor blades.
Gillette
BMW: The car manufacturer from Bavaria originally made aircraft engines. The logo therefore sees one way of interpretation as an aircraft propeller (the white areas) against a blue sky. Other interpretations see only the Bavarian colors.
Stephen Orlowski
NBC: The NBC television logo represents a peacock, its body is the white area in the middle. The peacock is considered a particularly proud animal that can also be quite loud. The TV station wants to be just as proud and noisy.
NBC
Vaio: Sony has been selling computers and notebooks for a long time under the “Vaio” brand. Analog and digital technology are combined in the logo: The “Va” is in the form of an analog wave, while “i” and “o” stand for the binary code.
vaio
Toblerone: Do you recognize the dancing bear hiding in the white silhouette of the mountain? It is reminiscent of the city of Bern, where the triangular chocolate was developed and which bears a bear in the coat of arms.
Toblerone
Beats: With a little imagination, the round logo with the “b” represents a person (or at least their head) wearing headphones.
Beats
Baskin Robbins: The American ice cream parlor chain is hardly known in Germany, but its logo is still worth a look. The company’s initials have been cleverly combined and colored so that they also show the number of types of ice cream that Baskin Robbins offers, namely 31.
Baskin Robbins
Pinterest: Users of the social network can pin pictures and articles on a virtual pin board. If you look closely, you can see the image of a pin in the “P”.
Pinterest
LG: The electronics company with the two capital letters has combined them into a winking face in its logo.
LG
Tour de France: The colored circle in the logo of the bike race can be seen as the sun or as the front wheel of a (quite large) bike. The rear wheel forms the “o” of “Tour” and there is also a cyclist who leans forward on the bike.
Tour de France
Shelter: The British charity Shelter wants to provide shelter for the homeless and the needy. Therefore, the “h” in the name is shaped like a house with a fireplace.
Shelter
Cisco: The IT company uses lines of different lengths to represent electromagnetic waves and the Golden Gate Bridge. The company was founded near San Francisco.
Cisco
Unilever: The big “U” is made up of different little pictures, each of which should represent different business sectors and aspects of Unilever. The strudel stands for example for the “passion for great aromas and flavors”.
Unilever
Sun Microsystems: Sun Microsystems was a large computer manufacturer before the company was taken over by Oracle. The logo, which at first glance only consists of tight curves, is a perfect anagram at second glance: No matter which direction you start reading from, there is always “Sun” – even if there is actually no “S” at all.
Sun Microsystems
Presbyterian Church: The logo of the Presbyterian Church in the USA consists of no less than eight different religious symbols. Included are the chalice, the dove and of course the cross.
Here you will find all the symbols that are hidden in the logo.
Presbyterian Church
Eighty20: The market research company has hidden its name as a binary code in its logo. Blue squares stand for ones, gray ones for zeros. The first row then results in 1010000, i.e. 80, and the second row 0010100, i.e. 20.
