It might not be a great deal the company is getting, but their sole purpose is to keep bezos happy and away from the IRS, not to make money. Hence, he is not taxed on that under the INCOME TAX. His house is in the I’m A Sassy Talking Flip Flop We Wearing Jeep Loving Kinda Shirt residence, but he is the only one controlling that corporation and benefiting from the residence. The income tax is irrelevant if your wealth is not coming from your income. If full-time Amazon workers still need government assistance to afford food, then who’s footing the bill? It’s us taxpayers paying for those Assistance programs. Not bezos, not amazon. Because they are comparatively paying little to no taxes. And they’re able to get away with underpaying their workers.
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If they paid their workers enough, they wouldn’t need the assistance and we wouldn’t be footing the bill, and Jeff bezos would be slightly less rich. I think this could potentially be a good thing. It will however be I’m A Sassy Talking Flip Flop We Wearing Jeep Loving Kinda Shirt working there. It is totally unethical that the people working full-time have to rely on government subsidies to live, but it is totally unethical from the government that they allow a corporation to operate within their jurisdiction that allows this kind of practice. If it would not be amazon, another company would exploit these workers, no way around it. I respectfully disagree that Amazon’s margins are so thin. But even if it was. perhaps they could pay employees in stock? I mean if Bezos had only 2% of his wealth he’d still be worth $2 to.
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