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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 merpnderp on Monday April 05, 2021 @09:50AM (#26698925)
But the example you're responding to does employ people. A surgeon will have to hire a whole host of employees to run his outpatient clinic. Or if she works in a hospital, an entire team will be built around her.

Plus there is the fairness issue. Corporations are just groups of people working together. So why does a single surgeon not get to be treated as the economic growth engine she is, but two surgeons can incorporate and get special treatment?

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Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by nmfisher on Monday April 05, 2021 @10:09AM (#26699154)
Because if the surgery/hospital operates at a loss (which they often do), they also get to carry forward those losses to deduct in future years. That's just notionally separate from the salary that the surgeon personally receives from the practice.
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Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by manigandham on Monday April 05, 2021 @10:37AM (#26699569)
None of that makes sense. The corporation they work for employs people, and you can start a company by yourself.
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