Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L...
by gruez on Monday April 05, 2021 @04:19PM
(#26704119)
>Corporate taxes allow governments some level over control over corporate policy by incentivizing certain behaviors through deductions/credits etc.
Money is fungible. From an accounting perspective $1 given via tax credits is identical to $1 check given by the government. That said, your point is still valid because the former is much more politically palatable than the latter.
Money is fungible. From an accounting perspective $1 given via tax credits is identical to $1 check given by the government. That said, your point is still valid because the former is much more politically palatable than the latter.