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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 humblebee on Wednesday February 06, 2019 @11:46AM (#19096746)
I don't have a source on this, but I've commonly heard that tax software companies (intuit, hrblock, etc) lobby for not having simpler taxes because it would take away from a large part of their business. Again, no sources. Just something that is commonly thrown around.

Here is a HN discussion on it though: https://news.ycombinator.com/item?id=16841449

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Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by baddox on Wednesday February 06, 2019 @12:14PM (#19097144)
Several links here that look reputable:

https://www.propublica.org/article/filing-taxes-could-be-fre...

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Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by graeme on Wednesday February 06, 2019 @12:33PM (#19097403)
This is a different thing: more of a tax regulation.

This thread is about reducing tax payable. The intuit story is about making it harder for citizens to file taxes.

[ Parent | on HN ]