3% levy on revenues over $20 million
Let’s look at Amazon since Bezos is spending $46 million on his wedding
In 2021 Amazon paid $431 million in taxes. Sounds like a lot, no? Well, Amazon’s revenue was $9.4 billion net, so a bit over 4.5% paid in taxes.
Average Canadian pays 17% in taxes.
#ElbowsUp
Let’s look at Amazon since Bezos is spending $46 million on his wedding
In 2021 Amazon paid $431 million in taxes. Sounds like a lot, no? Well, Amazon’s revenue was $9.4 billion net, so a bit over 4.5% paid in taxes.
Average Canadian pays 17% in taxes.
#ElbowsUp
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