Re:How LeBron James' new public school is the first of its kind
by erikpukinskis on Wednesday August 01, 2018 @03:10PM
(#17665905)
Musk and Bezos haven’t made any profit tho, just grown equity. Is that a relevant distinction here?
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Re:How LeBron James' new public school is the first of its kind
by maym86 on Wednesday August 01, 2018 @03:28PM
(#17666096)
It's relevant in many cases of many large companies, even profitable ones:
https://www.theverge.com/2018/1/2/16842876/google-double-iri...
Bezos in particular chooses to actively avoid making profit and hide profits to deliberately avoid paying tax. When Amazon makes a profit they still don't pay tax:
https://splinternews.com/amazon-made-5-6-billion-in-profits-...
He's not doing it innocently, it's tactical. They lobby to keep the loopholes open. Although its not illegal, it could be considered unethical which I believe is the context of the original discussion.
This kind of sums it up:
https://www.theregister.co.uk/2018/05/03/bezos_billions_spac...
He has a lot of power to do more for other humans on this planet and doesn't.