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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (163767)6/14/2019 2:19:41 PM
From: Labrador  Read Replies (1) | Respond to of 164106
 
So Amazon gets a tax deduction of $35 (US corporate federal tax rate is 21%) and the employee has taxable wage income of $35 (current individual federal tax rate is 37%). So the government walks away with extra tax of $35 x 16% = $5.60.