Netflix Made $845 Million In Profits And Paid $0 In Taxes Under New GOP Tax Law

[cobra]

simple. I'm pointing out that these are the type of business partners that the Obama's are aligning themselves with - again, a fact.

Trying to make this into an argument about what i believe, or my opinions is petulant and intellectually lazy.

Obama partners people that like money

The issue is the GOP policy....not the fact that Netflix doesn't pay taxes. Would you pay an extra cent that you weren't required to?

 

[NeilCartwright]

Wouldn’t this apply to small businesses too?

So if i just filed my LLC I can use these new tax rules too?

 

[Knowledge]

You ain’t the common man no more bruh. 500 years ago you would’ve been landed gentry

still aint no fun to be owing $10k plus in taxes even after filing single 0 at my day job

 

[Cynic]

I'm assuming you mean domestically alone. On what exactly? Operating, investing, or financing activities?

Content production, I haven't looked at their financials because I don't hold any of their stock

 

[Rusty$hackleford]

Content production, I haven't looked at their financials because I don't hold any of their stock

Sounds like COGS to me. Wondering why you think that sh/would prevent their bottom line from being subject to income tax?

Edit- yeah I had to pull them up just to verify the content of that article since I hadn't seen this widely reported. But then, this probably isn't a popular topic

 

[Rawtid]

And that's why people steal their service. They don't deserve it.

 

[Harry B]

And some people in here were complaining about Elizabeth Warren going after large corporations tax loopholes.

Problem is Netflix didn't lobby for this, most big tech companies lobbied for democrats and higher taxes for themselves + less loopholes for corporates. Especially the Netflix guys.

Just cause you don't like criminals doesn't mean that you should support racist cops.

 

[Reece]

still aint no fun to be owing $10k plus in taxes even after filing single 0 at my day job

You’ll be aight breh. The trade off is you’ll hopefully have a bunch of properties to live off when you’re older.

 

[Zero]

@itsyoung!! what say you

 

[⠀⠀⠀]

I bet the employees ain't seeing none of it

 

[The War Report]

They can afford to lower their prices now

The opposite, they're jacking up the price for their premium package.

 

[Ugo Ogugwa]

They can afford to lower their prices now

Why would they lower prices when the market is willing to pay the current price?

 

[Black Nate Grey]

ain't no "what about" ole weird ass nikka...whole first page are people calling netflix right wing when they're not.

grow your ass up and stop lashing out like a kid from an abusive home when you're presented with counter arguments, the fukk?

People's beef is that Netflix isn't paying taxes due to right wing laws, no one called Netlfix or it's content right wing wtf.
Do you believe Netflix should be paying taxes or not?

The entire time you have not been presenting counter arguments, all you've been indulging in is deflection and strawman arguments. Bet you do the same thing here.

 

[sfgiants]

You have to be a fukkin dumbass to cape for corporations and billionaires

These rich demons look at u the way u would look at a sewer rat, can’t imagine caping for these devils

 

[TRUEST]

Good, maybe they can give me Daredevil season 4 now

i think once canceled they never change their minds