Profile picture
, 4 tweets, 2 min read
My Authors
Read all threads
1. Because of Trump's tax cuts, there are now 91 highly profitable companies that are paying ZERO or LESS THAN ZERO in federal income taxes, including:

Amazon
Chevron
Netflix
Starbucks
FedEx
Halliburton
JetBlue

popular.info/p/less-than-ze…
2. All the companies listed above pay LESS THAN ZERO in federal income taxes. That means Amazon, which made $10 billion in profits in 2019, was sent a check by the federal government.

It's insane.

popular.info/p/less-than-ze…
3. It's hard to overstate how unpopular corporate tax cuts are.

69% of Americans believe corporations don't pay enough taxes.

6% of Americans believe corporations pay too much.

Seem like this should be a bigger deal.

popular.info/p/less-than-ze…
4. And here's the kicker: This is happening because Trump cut the tax rate from 35% (which no one paid) to 21% without closing any of the loopholes.

Trump says that, if he's reelected, he will CUT THE CORPORATE TAX RATE AGAIN

popular.info/p/less-than-ze…
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Judd Legum

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @JuddLegum see all

Profile picture
Judd Legum
@JuddLegum
1. Since Trump ordered the drone attack that killed Soleimani, television news has been filled with commentary on the strike.

Many of TV pundits who weighed in have undisclosed ties to the defense industry.

popular.info/p/9-iran-pundi…
2. Joe Lieberman appeared on Fox News on January 6 praising Trump for ordering the strike.

He was introduced as the former Democratic VP nominee.

NOT DISCLOSED: Lieberman works for an Israeli weapons manufacturer looking to expand sales to the DoD

popular.info/p/9-iran-pundi…
3. William Cohen appeared on CNN on January 5. He was identified as the “former secretary of defense.”

NOT DISCLOSED: Cohen runs a consulting firm which “has assisted [defense] clients to compete for and win tens of billions of dollars in contracts.”

popular.info/p/9-iran-pundi…
Read 7 tweets
Profile picture
Judd Legum
@JuddLegum
In an internal message, the former head of Facebook's advertising team (and current executive), @boztank, says Facebook delivered Trump victory in 2016 and is poised to do so again in 2020 but the company should not change any of its advertising policies

facebook.com/boz/posts/1011…
@boztank The internal message was first reported by the NYT but then @boztank posted the whole message publicly.

According to the NYT, many other Facebook employees objected to the company's current policy of allowing politicians, including Trump, to lie in ads

nytimes.com/2020/01/07/tec…
@boztank The full post falsely claimed Facebook never changed its ad policies. Facebook may not have changed how they ENFORCED its policy as compared to 2016, but its written ad policy was changed in September 2019 to accommodate Trump.

I first reported that here: popular.info/p/facebook-say…
Read 4 tweets
Profile picture
Judd Legum
@JuddLegum
UPDATE: The Trump campaign is holding another contest to have a meal with Trump. This time it's dinner in Florida.

At least one previous contest, breakfast with Trump in NYC in September, was a fraud.

The "winner" did not have breakfast with Trump.

popular.info/p/update-trump…
The Trump campaign has refused to disclose the names of the winners of any of the other 15 contests to win meals with Trump.

They have refused to respond to my written request for the names of the winners, which is a violation of state law.

popular.info/p/update-trump…
The Trump campaign has also ignored inquiries about the winners of these contests from reporters from the Washington Post and the New York Times.

I will continue to stay on this story.

Sign up for my newsletter for updates ➡️ popular.info/subscribe
Read 3 tweets

Related threads

Profile picture
GrassRootsGuy
@GrassRootsGuy
@ewarren
1/
 How to pay for medicare-for-all-who-want-it:
"My first executive order will be to hire 1,000 IRS agents to go after tax dodgers like Donald Trump Boeing and Verizon to make sure they pay what they owe, their fair share"
We will audit the richest Americans First!
See

2/
 Taxpayers owe $131 billion to the US government — enough to fund the entire Department of Education for two years
But a gutted IRS can't track them down
vox.com/policy-and-pol…
3/
 Also
I.R.S. Tax Fraud Cases Plummet After Budget Cuts
NYTimes
nytimes.com/2018/10/01/bus…
Read 10 tweets
Profile picture
Friend or Foe?
@starknightz
1. #News ~ I KNEW IT! SHE LIED: Kamala Harris Says She Was in 2nd Integrated Class in Berkeley — But Yearbook Pictures Prove She’s Lying thegatewaypundit.com/2019/06/she-li…

#Trump #Qanon @realDonaldTrump #WWG1WGA
#Trump2020 #WINNING #MAGA #KAG #DemDebate
2. #News ~ STUNNING! We Build The Wall Raises Over $700,000 During 3-Day Wall-A-Thon This Week #DemDebate thegatewaypundit.com/2019/06/stunni…

#Trump #Qanon #BuildTheWall #WeBuildTheWall
#CRISIS #NationalEmergency #SecurityThreat #ImmigrationReform
3. #News ~ Bill de Blasio, Who Honeymooned in Communist Cuba, Leads Chants by Communist Killer Che Guevara to Striking Workers IN MIAMI thegatewaypundit.com/2019/06/bill-d…

#Trump #Qanon @realDonaldTrump #WWG1WGA
#Trump2020 #WINNING #MAGA #KAG #DemDebate
Read 113 tweets
Profile picture
Anand Giridharadas
@AnandWrites
Amazon will pay $11 billion in federal income taxes for 2018.

Sorry, I’m being talked to in my ear.

Oh, I’m told Amazon will actually pay zero in federal income taxes on $11 billion in profit.

finance.yahoo.com/news/amazon-ta…
To put this in context, @JeffBezos announced he was giving $2 billion away philanthropically last autumn.

His company could well have avoided at least that much in taxes — in a single calendar year.
If you work at an Amazon warehouse or other location and pay more federal income taxes than your employer, feel free to DM me. I will keep your identity confidential.
Read 3 tweets
Profile picture
Filomena Rocha
@Filomen03258997
8. Assange a true HERO. The Siege & Injustice with Julian Assange

#WeAreAllJulianAssange #WeStandWithJulianAssange #FreeAssange #Assange #ProtectJulian #AssangeHERO #Injustice #HumanRights #freeSpeak #Liberty #Killers #WarCrimes #Liars #Democracy #TrueJournalists #Hipocrisy
Assange a true HERO 🥰👇🏼
1. Assange a true HERO. The Siege & Injustice with Julian Assange
🤨👇🏼
Read 138 tweets
Profile picture
Matthew Cogdeill
@Matthewcogdeill
Amazon paid $0 in federal taxes despite posting $11 BILLION in earnings

Amazon is Also on verge of $100 BILLION U.S. taxpayer funded Contract over 10 yrs to manage All federal govt data?

RETWEET You Agree POTUS @realDonaldTrump should block Amazon deal

2) Amazon, the ubiquitous purveyor of two-day delivery of just about everything, nearly doubled its profits to $11.2 billion in 2018 from $5.6 billion the previous year &, once again, didn’t pay a single cent of federal income taxes.
3) Amazon's newest corporate filing reveals that, far from paying statutory 21% income tax rate on its U.S. income in 2018, Amazon reported a federal income tax Rebate of $129 million. For those who don’t have a pocket calculator handy, that works out to a tax rate of -1%
Read 9 tweets

Trending hashtags

#ImpeachAndRemoveTrump #Taiwan #nomuslimbanever #Philippines #WERKforConsent #Senate #ImpeachmentIsComing #WeAreAllJulianAssange #G20OsakaSummit #IncomeInequality #tradewar #Annonymous #farm #gas #RUSSIA #Trump #TrumpTaxReturns #soybeans #WINNING #India #TickTick #Gap #Beijing #News #NEWS
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!