Bernie Sanders calls out Netflix for paying less income tax in 2018 than the cost of one $8.99 subscription

United States News News

Bernie Sanders calls out Netflix for paying less income tax in 2018 than the cost of one $8.99 subscription
United States Latest News,United States Headlines
  • 📰 Newsweek
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 52%

'We are going to make massive corporations finally pay their fair share,' Sanders said.

Senator Bernie Sanders called out Netflix this week for allegedly paying less in income tax during 2018 than the cost of a single month on the company's cheapest video streaming subscription plan.

"Amazon made $16.8 billion in profits over the past two years but have paid ZERO in federal income taxes. In fact it got a $269 million tax refund," Sanders tweeted in February."Our job: Demand large corporations pay their fair share in taxes so that we can rebuild the disappearing middle class." Our job: Demand large corporations pay their fair share in taxes so that we can rebuild the disappearing middle class.In 2017, President Donald Trump signed into law the Tax Cuts and Jobs Act, which lowered the U.S. corporate tax rate from 35 percent to 21 percent. Critics claim that many companies don't pay the tax anyway due to legal loopholes, which the bill failed to close.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Newsweek /  🏆 468. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fox Business host describes Bernie Sanders' criticism of billionaires as a 'powerful line'Fox Business host describes Bernie Sanders' criticism of billionaires as a 'powerful line'Trump 2020 press secretary Kayleigh McEnany argued in response that the Democratic presidential candidate wants to 'abolish the American dream.'
Read more »

Bernie Sanders Flashes Buttery Jump Shot, Hits 5 In A Row!Bernie Sanders Flashes Buttery Jump Shot, Hits 5 In A Row!Move over, Barack Obama ... there's a new politician with an absolutely wet jumper.
Read more »

How far can passion carry Bernie Sanders?How far can passion carry Bernie Sanders?The Bernie Sanders election machine is powered by the renewed zeal of his followers in the aftermath of his heart attack and the endorsement from Rep. Alexandria Ocasio-Cortez, writes mattdpearce.
Read more »

Bernie Sanders' campaign manager shares video of senator nailing 3 consecutive basketball hoops in 10 secondsBernie Sanders' campaign manager shares video of senator nailing 3 consecutive basketball hoops in 10 secondsThe clip demonstrating Sanders' impressive basketball skills comes roughly six weeks after the senator suffered a heart attack.
Read more »

Elizabeth Warren and Bernie Sanders rip report defending private equity, saying it uses 'sham research'Elizabeth Warren and Bernie Sanders rip report defending private equity, saying it uses 'sham research'The report, released in October, paints a different picture of the private equity industry than the one put forward by populist politicians including Sens. Elizabeth Warren and Bernie Sanders.
Read more »

Bernie Sanders' Birth Chart Explains His Drive to Defeat Donald Trump (and His Competitive Streak)Bernie Sanders' Birth Chart Explains His Drive to Defeat Donald Trump (and His Competitive Streak)There's no stopping this political firecracker!
Read more »



Render Time: 2025-02-25 09:04:59