On Wednesday Crazy Joe, in an effort to cater to the far left, says he will propose a minimum tax on giants like Amazon and Google, et al.
This "Carnival Barker" and his liberal ilk just don't get it. If Amazon had never expanded from just selling books, to selling everything under the sun, they would not be employing hundreds of thousands of workers. Had they not plowed their profits back into Cloud Services, hundreds of thousands would be seeking work elsewhere. And it is not even true that they pay no taxes. They pay out billions to the states in sales taxes, they pay into the Social Security Fund, and in those years when they are not investing in other businesses they pay out billions in federal taxes. Last but not least, were Amazon not as successful as they are, their stock holders would never be forking over billions more in capital gains taxes!
Putting onerous taxes on businesses whose existence creates jobs, enrich lives, and generate government income will destroy what America does best.
But the "Carnival Barker" lies sound nice to the liberal lemmings who will never, ever get it.