Re:Sam Altman and Andrew Yang talk UBI
by icelancer on Thursday January 02, 2020 @01:39AM
(#21933448)
Property tax is a round-off error?
[ Parent
| on HN ]
I would absolutely expect that the total amount Amazon paid in property taxes in 2019 to be round-off error compared to their income, yes. Particularly because local governments seem happy to reduce their property taxes to zero or even negative percentages, but even if that didn't happen.
$2.4 billion in subsidies for these taxes, says one accounting: https://www.nytimes.com/2019/03/03/technology/amazon-new-yor...
A bunch of warehouses by the airports do not actually create any large property tax bill.