News for hackers. Stuff that matters.

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 drdec on Monday April 05, 2021 @09:31AM (#26698685)
Surely you mean marginal tax rates and not effective rates? Or is it true that at 124K you pay ~74K but at 126K you pay less, ~50K?
[ Parent | on HN ]
Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by verbify on Wednesday April 07, 2021 @05:40AM (#26722421)
Sorry, you're right I meant marginal.
[ Parent | on HN ]