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Alphabet Q1 2018 Earnings [pdf]

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Re: Alphabet Q1 2018 Earnings [pdf]

#31

Post by [deleted] »

aphextron wrote: post #29
skrowl wrote: post #24

Earlier quoted context omitted.

Maybe check Amazon's tax rate before "this Republican tax policy" went into effect prior to blaming low corporate tax rates on one party. If you think lobbyist-driven tax policy in America is ONLY done by Republicans, you should probably expand your reading beyond CNN / WashPo. You're right that the federal government that creates the tax policy is for sale, but it's not just the Republicans.

It's not just corporate rates. Doubling the standard deduction is the most reckless thing that has ever been done to our federal tax code for individuals. The fact that I am going to pay an effective 15% this year on a $100k salary is absolutely insane.

[deleted]

Re: Alphabet Q1 2018 Earnings [pdf]

#32

Post by rayiner »

aphextron wrote: post #10

>Effective tax rate 11% Absolutely obscene. Literally their entire Net Income increase from $5.4b to $9.4b is due to a tax cut from 20%. We will be paying for this Republican tax policy for the rest of our lives.

Corporate tax raises relatively little revenue, and most Western European countries don’t rely on it much because its easier to tax individuals.

If we don’t want to be getting more in debt we should raise taxes on middle class people to the level of say Germany. In a state like California, our taxes on rich people and corporations are already about as high as in Germany, its our taxes on people making sub-200k that really dramatically lower. That’s where most of the income is—in the 50-99% range.

Re: Alphabet Q1 2018 Earnings [pdf]

#33

Post by cobookman »

aphextron wrote: post #29
skrowl wrote: post #24

Earlier quoted context omitted.

Maybe check Amazon's tax rate before "this Republican tax policy" went into effect prior to blaming low corporate tax rates on one party. If you think lobbyist-driven tax policy in America is ONLY done by Republicans, you should probably expand your reading beyond CNN / WashPo. You're right that the federal government that creates the tax policy is for sale, but it's not just the Republicans.

It's not just corporate rates. Doubling the standard deduction is the most reckless thing that has ever been done to our federal tax code for individuals. The fact that I am going to pay an effective 15% this year on a $100k salary is absolutely insane.

Ish, this really benefits renters and penalizes property owners.

Re: Alphabet Q1 2018 Earnings [pdf]

#35

Post by l1ambda »

aphextron wrote: post #10

>Effective tax rate 11% Absolutely obscene. Literally their entire Net Income increase from $5.4b to $9.4b is due to a tax cut from 20%. We will be paying for this Republican tax policy for the rest of our lives.

The US corporate tax rate is now more in line with the OECD average: https://taxfoundation.org/us-corporate-income-tax-more-compe...

Re: Alphabet Q1 2018 Earnings [pdf]

#36

Post by danieltillett »

alberth wrote: post #11

Their efficiency is impressive. On an annualized basis, they are doing ~$120B. They have ~85k employees. That means they are generating ~1.5M Revenue Per Employee. That's crazy

Yes if you don't have any support staff it is easier to reach such numbers.

Re: Alphabet Q1 2018 Earnings [pdf]

#37

Post by votepaunchy »

aphextron wrote: post #29
skrowl wrote: post #24

Earlier quoted context omitted.

Maybe check Amazon's tax rate before "this Republican tax policy" went into effect prior to blaming low corporate tax rates on one party. If you think lobbyist-driven tax policy in America is ONLY done by Republicans, you should probably expand your reading beyond CNN / WashPo. You're right that the federal government that creates the tax policy is for sale, but it's not just the Republicans.

It's not just corporate rates. Doubling the standard deduction is the most reckless thing that has ever been done to our federal tax code for individuals. The fact that I am going to pay an effective 15% this year on a $100k salary is absolutely insane.

Doubled the standard deduction but eliminated exemptions but doubled the child tax credit (with much higher phase-out).

Re: Alphabet Q1 2018 Earnings [pdf]

#38

Post by [deleted] »

tristanj wrote: post #13
chollida1 wrote: post #6

My notes.... Numbers: - Alphabet 1Q EPS $13.33, Est. $9.300 - free cash flow for the first quarter of $4.34 billion. - 1Q Google Other Rev. $4.35B - 1Q Rev. Ex-TAC $24.9B, Est. $24.3B - Capital expense for Google more than triples: up from $2.4 billion to $7.7 billion year-on-year. That probably reflects spending on hardware, including the Nest division. - Porat says that CapEx was "almost completely split" between p…

> Capital expense for Google more than triples: up from $2.4 billion to $7.7 billion year-on-year Part of that also comes from Google buying up $1 billion of north Sunnyvale properties over the past year [0]. They bought roughly 50 properties. The article [0] has a nice map that shows since July 2017 Google has bought up roughly half of the Sunnyvale Moffet Park area. I am mildly surprised how little coverage Google'…

[deleted]

Re: Alphabet Q1 2018 Earnings [pdf]

#39

Post by bob_theslob646 »

kgwgk wrote: post #21
alberth wrote: post #11

Their efficiency is impressive. On an annualized basis, they are doing ~$120B. They have ~85k employees. That means they are generating ~1.5M Revenue Per Employee. That's crazy

If anyone is curious about what companies in the S&P 500 rank higher in the revenue per employee metric: https://craft.co/reports/s-p-500-revenue-per-employee-perspe...

Not a far comparison considering the size of some of the companies.

Definetely needs to be weighted.

An example, Murphy Oil Corporation has 1,294 employees...

Also another interesting trend is how many healthcare companies are in that list.

Re: Alphabet Q1 2018 Earnings [pdf]

#40

Post by alwaysthrowaway »

rayiner wrote: post #32
aphextron wrote: post #10

>Effective tax rate 11% Absolutely obscene. Literally their entire Net Income increase from $5.4b to $9.4b is due to a tax cut from 20%. We will be paying for this Republican tax policy for the rest of our lives.

Corporate tax raises relatively little revenue, and most Western European countries don’t rely on it much because its easier to tax individuals. If we don’t want to be getting more in debt we should raise taxes on middle class people to the level of say Germany. In a state like California, our taxes on rich people and corporations are already about as high as in Germany, its our taxes on people making sub-200k that r…

"In a state like California, our taxes on rich people and corporations are already about as high as in Germany, its our taxes on people making sub-200k that really dramatically lower. That’s where most of the income is—in the 50-99% range."

It is truly astounding how few people realize this...

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