Re:Netflix paid just 1.1 percent in Federal Tax
by patentatt on Thursday February 03, 2022 @04:28PM
(#30199159)
In the US, work expenses for W2 workers are pretty much fully phased out as of 2018.
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Re:Netflix paid just 1.1 percent in Federal Tax
by Arnt on Friday February 04, 2022 @03:13AM
(#30204135)
I've no idea what W2 is... are you saying that if you, a person, buy a server, a switch and a router, you cannot write that cost off, but if Netflix buys that, it can? Or are you saying that the US has phased out depreciation for the kinds of expenses W2s typically have, while servers, switches and router can still be written off?