Re:Google will lose $50M or more in 2018 from Fortnite bypas...
by dbt00 on Friday August 10, 2018 @03:41PM
(#17736200)
I think the comment was saying that it's way worse than income tax. I don't think you're disagreeing.
Re:Google will lose $50M or more in 2018 from Fortnite bypas...
by vetinari on Friday August 10, 2018 @05:45PM
(#17736971)
Exactly; it's at least one order of magnitude worse than the income tax.
Re:Google will lose $50M or more in 2018 from Fortnite bypas...
by SonnyWortzik on Sunday August 12, 2018 @08:19AM
(#17744030)
agree. I read your comment defensively. my fault. I was trying to imply that Google is acting like some government entity taxing your income.
Now, how do you think the government makes up the difference in the tax loop holes? By raising taxes on companies like mine and restricting/regulating on how I structure my profits/income so that it can stay in business. So indirectly 30% off the revenue is affecting my tax situation with the federal government.
Again, 30% is on par with federal income tax.