Elizabeth Warren Says She Wants To Break up Big Tech So Companies Can’t ‘Heckle Senators With Snotty Tweets’
Democratic Sen. Elizabeth Warren of Massachusetts took her war for higher corporate taxes to Twitter Friday in a duel with giant retailer Amazon, and wound up complaining about “snotty tweets” from Big Tech. Warren…

Democratic Sen. Elizabeth Warren of Massachusetts took her war for higher corporate taxes to Twitter Friday in a duel with giant retailer Amazon, and wound up complaining about “snotty tweets” from Big Tech.
Warren began the battle by uploading a video of an exchange from a Thursday hearing by the Senate Finance Committee in which Kimberly Clausing, Deputy Assistant Secretary for Tax Analysis at the Department of the Treasury discussed the retailer’s taxes.
Clausing said that the “Corporate tax rate was 21 percent at the regular rate,” according to a transcript of the hearing posted on Warren’s website.
Warren then asked about Amazon’s profits and taxes over the past three years.
“So there was a recent high techstudy that looked at this, and Amazon earned over $40 billion dollars over that three year period, and paid about 4.5 % tax rate,” Clausing said.
Clausing later used the word “loopholes” to describe how Amazon was able to lower its taxes.
In her tweet accompanying the video, Warren wrote, “Giant corporations like Amazon report huge profits to their shareholders — but they exploit loopholes and tax havens to pay close to nothing in taxes.”
“That’s just not right — and it’s why I’ll be introducing a bill to make the most profitable companies pay a fair share,” she added.


