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A comment on Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Income Taxes. Parent comment

Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by bencoder on Wednesday February 06, 2019 @11:29AM (#19096527)
Is there any difference?

They would have to lower their prices in order to keep the same price to the end user (to keep the same number of users) and therefore get less profit.

Is it because in the states you show the same price and local (state) sales taxes are added on top that makes it a tax to the consumer?

[ Parent | on HN ]
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by dawnerd on Wednesday February 06, 2019 @11:36AM (#19096602)
Companies here won’t lower prices, they’ll just hide the fact that there’s a tax until checkout. At least with income tax it directly comes from their books and forces them to either take the hit or be the ‘bad guys’ and raise prices.
[ Parent | on HN ]