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re: Netflix paid $0 in taxes
Posted on 2/7/19 at 10:32 pm to Ebbandflow
Posted on 2/7/19 at 10:32 pm to Ebbandflow
How much money do you think Bezos has sitting in his personal checking account. It's obvious basic economics fly's well over your trailer, but let's see if you qualify for remedial.
Posted on 2/7/19 at 10:34 pm to TigersFan64
quote:
Millionaires and billionaires too.
You think millionaires and billionaires pay little to no taxes
Posted on 2/7/19 at 10:35 pm to TigersFan64
quote:The only logical corporate tax rate is 0%.
The Republican Party dream...corporations paying little to zero taxes
Anything else is idiocy. That average people to recognize the stupidity of corporate taxation is one of life's great mysteries.
quote:Are you one of those moron liberals who doesn't know what INCOME taxes are??
Millionaires and billionaires too.
Posted on 2/7/19 at 10:35 pm to gobuxgo5
Food stamps should be done away with. Go back to milk and cheese. When the people with food stamps eat better than me with full shopping carts of steak and shrimp it has gotten slightly out of hand.
You don't work, you don't eat.
You don't work, you don't eat.
Posted on 2/7/19 at 11:45 pm to gobuxgo5
Loopholes my arse. I can think of two reasons why they have no federal tax liability.
1) They are still using up prior year Net Operating Losses, which means, over the life of the company, they still haven't made any money (which would not be much of a surprise)
2) They are using the new territorial system for income tax, and all of their profit was earned outside the US.
1) They are still using up prior year Net Operating Losses, which means, over the life of the company, they still haven't made any money (which would not be much of a surprise)
2) They are using the new territorial system for income tax, and all of their profit was earned outside the US.
Posted on 2/8/19 at 2:35 am to Jcorye1
quote:
I chuckled when the article made it sound like notes to the financial statements are somehow an insider thing.
I laughed at that part as well. As a public accounting employee, the entire article Seemed like a joke.
Posted on 2/8/19 at 2:39 am to Jorts R Us
quote:
It’s stock comp and r&d credits. Not that sophisticated.
Nah man let them think this is some complex work us accountants are doing...helps keep our job security.
Posted on 2/8/19 at 3:57 am to gobuxgo5
Good for Netflix. I applaud anyone who can avoid paying taxes
Posted on 2/8/19 at 6:13 am to gobuxgo5
Are Dems still pretending that the Democrat Party ISN'T the Party of Corporate Greed?
Posted on 2/8/19 at 6:24 am to TigersFan64
quote:
The Republican Party dream...corporations paying little to zero taxes. Millionaires and billionaires too. And when it comes to actually paying for big budget items like defense, just run up more debt and keep lying to the people about how all those tax cuts for the rich will somehow "pay for it all."
That's a breathtaking amount of stupid in one post.
Posted on 2/8/19 at 6:48 am to gobuxgo5
Hey stupid, ever hear of multitasking?
We can make sure that Obama's buddies at Netflix (and other billion dollar corporations) pay their fair share AND go after scumbags cheating the welfare system.
We can make sure that Obama's buddies at Netflix (and other billion dollar corporations) pay their fair share AND go after scumbags cheating the welfare system.
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