Former Vice President Joe Biden accused Amazon on Twitter last week of not paying their fair share of taxes and the Jeff Bezos owned company tweeted back, “We pay every cent owed.”
The exchange began when Biden tweeted:
I’ve said it before, and I’ll say it again: No company pulling in billions of dollars in profits should pay a lower tax rate than firefighters and teachers. It’s time for Amazon to pay its fair share.
The Amazon Policy Twitter account reminded Biden that the company is abiding by tax laws that he approved during his more than 30 years in the Senate.
Amazon tweeted:
We pay every cent owed. You spent 3 decades in the Senate & know that Congress wrote these tax laws to encourage companies to invest in the US economy. We have. 500k jobs w/ a min wage of $15/hr across 40 states. Assume your complaint is w/ the tax code, not Amazon.
Biden defended himself during a CNBC interview, saying, “I don’t give a damn how big they are … they pay no tax and make billions and billions and billions of dollars.”
After a Twitter spat last year, the company revealed it had paid $2.6 billion in corporate taxes since 2016. Amazon reported a total revenue last year of $280.5 billion.
Watch the video from Fox Business and learn more about Biden’s part in tax raises during the Obama years.
