Netflix Paid Zero In Taxes On Record $845M Profits In 2018...

submitted by BillionDollarEgg3 from (breitbart.com)

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[–]Dr_Douchebag 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (3 children)

Good. Corporations aren't people. They cannot pay taxes any more than your land pays property taxes. Taxes will always be paid by flesh and blood. It'll be passed onto either the shareholders or the consumers. Fuck that. We pay enough taxes.

If you think you're not a shareholder you're probably wrong if you own any sort of retirement investment vehicle

[–]HurkaDurka 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (2 children)

As a general concept, sure, but one company (I know there are a ton more) getting an exemption from the tax gives and unfair competitive edge.

[–]Dr_Douchebag 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

Oh I agree with that completely. There shouldn't be any corporate income tax. Or income tax in general honestly

[–]HurkaDurka 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

100% agree.

[–]useless_aether 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

soros invested in netflix

[–]magnora7 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

And GE pays like -8%, which means the governments gives GE like a billion dollars every year. The power of lobbying and getting government contracts...