How Smartphones Sabotage Your Brain's How Amazon Paid $0 Federal Income 2 days ago   05:18

Wall Street Journal
Our phones give us instant gratification. But there’s a cost: loss of attention and productivity. WSJ's Daniela Hernandez goes on a quest to understand the science of distractions and what you can do stay be more focused and productive. Photo/Illustration: Natalia V. Osipova/Drew Evans

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#WSJ #productivity #smartphone

Comments 243 Comments

Brian ODonnell
This works for me:

Email: Checked once an hour, using GTD's Do/Delegate/Defer/Delete approach. Inbox zero by end of day.
Social media: my phone is set to DnD during Pomodoros. Between then, check social media.
Tasks: Nothing is done unless it's next up in my task list. Tasks are prioritized by value throughout the day.

The mind is too special to waste on memorizing todo-lists and task interrupts.
great topic
David yu
Some other countries like Korea probably aren’t addressing these things. Probably..
social media 🚮
Santosh P.S.S.
This is nothing new lol are we that stupid to not realize this from the beginning?
Mohammad Aarif
*spent 10 years studying neurobiology and wondering what technology did to our brains*
Mohammad Aarif
*spent 10 years studying neurobiology and wondering what technology did to our brains*
Malcolm Green
Check out Cal Newport’s book “Deep Work” if you want to learn more about this topic of focus.
Dario Vurchio
Most of us are watching this from a smartphone
Deep Work by Cal Newport.. read it
brian wings
I leave my phone off 95% I only take it with me traveling, if i need to call AAA if my caar breaks down. I'm downgrading my social media a lot too. In the age of twitterbrained people, and phombies walking/driving and causing car wrecks. My devices are best left off.
Trader Max📉📊💰
A day trader can for sure relate to this 💯📈
Alan Stefan
Prioritize and ignore notifications
I'm most productive when my phone is on silent mode and there is no WI FI.
Debasish GIRI
I'm so fascinated by giving leading replays to others.. That some time I can not read the full text.. Before replaying.
Andrew Awn
Couldn't watch this video to the end without checking few social networks...
Aneesh P.
I'm not surprised
Usmaan Ali
And we are watching this on “Mobile Phone” !!!! 🤪🤪🤪🤪
Budan Tessarajan
Most of Social Media are worst enemies to Human, they are damaging humans brain and destroying humans healthy behaviors
Placeholder Name
Made it 2 minutes in before i started browsing the comments
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How Amazon Paid $0 Federal Income How Smartphones Sabotage Your Brain's 2 days ago   12:14

Amazon paid $0 in federal income taxes in 2018. On top of that, the company also received a multi-million dollar tax rebate from the federal government. How does the company do it? President Trump's tax cuts, aggressive revenue reinvestment, years of R&D, and employee stock compensation all helped. Does America have a corporate income tax problem?

Amazon is one of the world's most valuable companies, valued at nearly $800 billion, and the e-commerce giant pulled in $232.9 billion in global revenue in 2018.

And yet, Amazon's federal tax bill this year: $0. For the second year in a row.

In fact, Amazon is actually getting a federal tax refund of $129 million this year, due in part to a combination of tax credits and deductions. This is despite the fact that Amazon nearly doubled its taxable income in 2018 to $11.2 billion, from $5.6 billion a year earlier.

In other words, Amazon is basically paying a -1 percent federal income tax rate this year after reportedly paying a federal rate of more than 11 percent between 2011 and 2016, according to The Week.

Sen. Bernie Sanders, I-Vt., who has criticized Amazon in the past for not paying higher federal taxes, took to Twitter to point out that any Amazon Prime member paid more for that program's annual fee ($119) than the company paid in federal taxes. Prime has 100 million subscribers.

"Amazon pays all the taxes we are required to pay in the U.S. and every country where we operate, including paying $2.6 billion in corporate tax and reporting $3.4 billion in tax expense over the last three years," an Amazon spokesperson said in a statement provided to CNBC Make It.

Amazon reported its sizable federal refund in a recent corporate filing for the company's fourth-quarter earnings report. However, Amazon also notes in that filing that it will pay $756 million in total taxes this year, between state and international taxes.

A report this week from the Institute on Taxation and Economic Policy, or ITEP, a nonpartisan and nonprofit tax policy think tank, pointed out the fact that Amazon will not pay federal taxes for the second year in a row. In fact, last year, Amazon received an even larger refund, getting $137 million from the federal government.
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How Amazon Paid $0 Federal Income Tax in 2018