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A comment on Netflix Made Record Profits in 2020, Paid a Tax Rate of Less Than 1 Percent. Parent comment

Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by sokoloff on Monday April 05, 2021 @08:30AM (#26698110)
Why should there be a cap on carrying forward losses? There’s no cap on individuals carrying forward capital losses.
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Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by bradleyjg on Monday April 05, 2021 @08:38AM (#26698178)
Why should there be a cap and income phaseout on student loan interest deductions?
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Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by sokoloff on Monday April 05, 2021 @08:42AM (#26698209)
In my opinion, there should not be caps on anything productive that we allow deductions for.

When you want to tax high-income people at a higher rate, have the courage and forthrightness to simply raise their rate; don't do it via the backdoor complexity of phaseouts.

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Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by refurb on Monday April 05, 2021 @08:58AM (#26698331)
Because progressive income tax rates.
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