Clickbait - failing to note Amazon gets tax credits for investing in R&D ($22 billion in 2018 alone, which creates lots of jobs), giving employees stock (which has quadrupled in value over the last 5 years) and for investing in infrastructure (including solar and wind farms).
2. Media when reporting on Amazon’s “low tax bill” also skips mentioning that this stems from carryforward losses from many years that the company was not profitable 👇 so…how do we get media/reporters to brush up on the tax code and provide proper context so public is educated?
3. Media needs to be a bit careful about sloppy reporting about the tech industry (to generate outrage clicks) - could push some key players in the famously liberal tech industry into becoming more conservative if such baseless attacks continue…
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