Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by blhack on Wednesday February 06, 2019 @12:26PM
(#19097304)
In seemingly every one of these cases of "corporation doesn't pay TAXES!", it's more along the lines (to use your analogy) of:
in 2017, Netflix dredged out a canal to allow access to another waterway.
in 2018, they added concrete to the new shoreline to prevent erosion due to the newly created canal.
2019 headlines: In 2018, netflix dumped over 18 bazillion tonnes of concrete into lake nature!
It's clickbait, almost every time.
Are there "loopholes" (incentive programs) that companies take advantage of? Of course there are. One might argue that those tax incentives are why the United States has one of the strongest economies in the world.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by umanwizard on Wednesday February 06, 2019 @12:19PM
(#19097213)
Well, “wrong” is subjective, but it’s certainly pointless to get mad at such a company.
Companies are amoral, and they are emergent behavior that is a product of a particular political, economic, and cultural situation.
It’s a bit like getting outraged at a tree for falling on your house.
If a company is dumping waste into a lake and it is not against the law to do so, it is then wrong to get mad at the company? What if this is the behavior of all companies in the area? They all need to dump waste in the lake in order to remain competitive.
Is it wrong to become outraged at the companies for their behavior? They should not be held accountable?