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.
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.