News for hackers. Stuff that matters.
Re:America's bailed-out airlines are not 'playing fair' with... by crankylinuxuser on Saturday March 28, 2020 @03:03PM (#22713490)
> What do you mean by "privatize the profits" here? Are you ignoring taxation?

Are you (excuse my french) fucking kidding me?

Source: https://itep.org/notadime/ (dollars in millions)

     Company (U.S.)   ~ Income ~ Federal Tax ~ Effective Tax Rate
     Alaska Air Group ~ $576   ~ $-5         ~ -1%
     Delta Air Lines  ~ $5,073 ~ $-187       ~ -4%
     JetBlue Airways  ~ $219   ~ $-60        ~ -27%
     
And from this source: https://itep.org/covid-19-is-no-excuse-for-airline-industry-...

The most taxes paid was by Southwest, at 21.4% ... Which is a 60% of my personal tax! When can I get personal tax rates like that???

There are no comments on this comment yet.