Sanders: 'Your $8.99 Netflix subscription is more than the company paid in federal income taxes'

Sen. Bernie SandersBernie SandersKaine: Obama called Trump a 'fascist' during 2016 campaign Des Moines Register endorses Elizabeth Warren as Democratic presidential nominee Sanders faces lingering questions about appeal to women voters MORE (I-Vt.) targeted Netflix in a tweet, accusing the company of paying less in federal income taxes than the cost of a monthly subscription.

“Your $8.99 Netflix subscription is more than the company paid in federal income taxes last year (nothing),” he tweeted. “We are going to make massive corporations finally pay their fair share.”


The presidential candidate has taken aim at large corporations and the wealthy during his campaign for the White House, criticizing President TrumpDonald John TrumpKaine: Obama called Trump a 'fascist' during 2016 campaign Kaine: GOP senators should 'at least' treat Trump trial with seriousness of traffic court Louise Linton, wife of Mnuchin, deletes Instagram post in support of Greta Thunberg MORE’s tax bill for letting “wealthy corporations” off the hook of paying their share of taxes.

Trump’s tax bill that went into effect in January 2018 gave a $1.5 trillion tax cut to U.S. corporations. 

A Netflix spokesperson told The Hill it is "untrue" the company paid no federal income tax in 2018.
"Globally, we paid $131M in cash taxes in 2018 - including a portion to the US federal government," the spokesperson said in a statement.

CBS reported in April that Netflix had an estimated negative income tax for fiscal 2018, meaning it reported a $22 million tax rebate and paid nothing. A report from WUSA9 investigated Netflix’s form 10-K, which showed the company spent $133,146,000 in foreign taxes but nothing in federal and state taxes in fiscal 2018.

Sanders also condemned the news that FedEx didn’t owe anything in taxes in fiscal 2018, as reported by The New York Times on Sunday.