Re: This is really very easy
As for investing sufficient to avoid tax, I've done that myself for quite a few years.
Lots of do that, but there is more than a difference in scale for companies like Amazon doing this because their effective cost of capital is so low. This, as much as anything else, is what gives them a competitive advantage in any particular area.
Futhermore, Amazon's strategy benefits certain types of investors only by favouring share price increases over dividends, a point that was made by someone else on this forum years ago. This is why Amazon actively cross-finances, or subsidises the low-margin warehousing and logistics business with profits from AWS. It's all more or less legal, but it's disingenuous to pretend that any company can do it.
Biting the hand that feeds IT
