Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by blackguardx on Wednesday February 06, 2019 @11:29AM
(#19096528)
Companies also lobby heavily for these tax laws. The laws may be directly responsible, but big companies share some blame as well.
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Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by partiallypro on Wednesday February 06, 2019 @11:35AM
(#19096589)
Actually the biggest lobbyists for tax laws aren't companies but accounting firms.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by chanandler_bong on Wednesday February 06, 2019 @11:46AM
(#19096744)
The answer is to outlaw lobbyists, it would fix a lot of problems. That, and enact term limits for Congress. That will fix even more.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by macspoofing on Wednesday February 06, 2019 @01:12PM
(#19097860)
>The answer is to outlaw lobbyists, it would fix a lot of problems.
No it wouldn't. Our current regulated lobby 'industry' is an attempt to control something that would happen ANYWAY if it was made illegal. Furthermore, lobbying is necessary and a core part of any democracy. You need to be able to petition your representative government for changes, regardless if you're a regular citizen, an activist, a business owner, or even a corporate entity.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by 24gttghh on Wednesday February 06, 2019 @02:26PM
(#19098814)
Speeding happens anyway even though it is illegal, but at least there are legal consequences for speeding to deter people.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by macspoofing on Wednesday February 06, 2019 @04:49PM
(#19100400)
Right, 'speeding' is an infraction that results from regulating traffic. Nobody suggests that lobbying should not be regulated (and guess what, it is!). OP suggested that lobbying should be illegal. The equivalent to that in your analogy is to ban cars.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by briandear on Wednesday February 06, 2019 @12:01PM
(#19096966)
I’m not sure what we are mad about here, that companies and individuals want good tax laws? I am not sure how Netflix’s alleged tax rate hurts anyone. Remember, 45% of Americans pay no federal income tax at all! How about we complain about that first assuming the goal is that everyone pay their fair share. There is no argument that is logical that can justify the top 20% of earners paying 70% of all income taxes. Nobody’s fair share is zero.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by 24gttghh on Wednesday February 06, 2019 @02:33PM
(#19098899)
http://www.pewresearch.org/fact-tank/2017/10/06/a-closer-loo...
Your 45% number is misleading on it's own. People don't pay income tax because they had so little income to tax in the first place.