Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by checkyoursudo on Wednesday February 06, 2019 @01:31PM
(#19098106)
"Value destructive" to whom? I don't want all the companies in my area to pay excessive taxes, but they also don't otherwise pay for any negative externalities that they cause or contribute to, except through taxes.
I don't want to shoulder the burden alone for their roads and traffic and pollution and power-grid-improvement requirements et cetera.
Maybe the system could be different where companies directly pay for the road upgrades they need and the power infrastructure upgrades they need, etc, but that's not the system we have where I live.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by anonuser123456 on Wednesday February 06, 2019 @03:40PM
(#19099651)
>Maybe the system could be different where companies directly pay for the road upgrades they need and the power infrastructure upgrades they need, etc...
This is the solution most economists would suggest.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by scarface74 on Wednesday February 06, 2019 @01:39PM
(#19098182)
That’s simple to solve via property taxes, gas taxes, yearly car registration fees, and even toll roads.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by pbhjpbhj on Wednesday February 06, 2019 @01:38PM
(#19098171)
Or do some bullshit accounting to move the money off-shore, like pay billions to use their own trademark to a country in which they bought off politicians to get low taxes; so they can pay out the money without paying in to the governmental system in the country in which the money was raised.
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by scarface74 on Wednesday February 06, 2019 @01:42PM
(#19098223)
That’s where property, gas, car, taxes etc come in.
All of the tax avoidance would be reduced by the company that had the lowest corporate income tax.
The only real issue I have is the difference between capital gains taxes and income taxes.