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Alphabet Q1 2018 Earnings [pdf]

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Re: Alphabet Q1 2018 Earnings [pdf]

#121

Post by s2g »

skrowl wrote: post #24
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.

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 exists but you're either delusional or a shill if you think "both sides" are the same on this.

Re: Alphabet Q1 2018 Earnings [pdf]

#122

Post by s2g »

drak0n1c wrote: post #109
aphextron wrote: post #29

Earlier quoted context omitted.

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.

With the new tax reform the top 20% of income earners will still pay more than 87% of income taxes. https://www.wsj.com/articles/top-20-of-americans-will-pay-87...

Yeah, not nearly enough for that top few percentage points.

Re: Alphabet Q1 2018 Earnings [pdf]

#123

Post by s2g »

briandear wrote: post #84
aphextron wrote: post #29

Earlier quoted context omitted.

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.

So send a check to the Treasury. Nobody is stopping you. You could even organize a bunch of like minded people to send checks to the Treasury. I needed the tax cut. If you don’t, you don’t have to keep it. I am a better steward of my money than the government, especially when it comes to saving and investing for my family’s future.

Maybe you did, maybe you're just a greedy asshole who doesn't want to pay for society. Who knows.

I certainly didn't need a tax cut. You say you needed a cut, so maybe you did and maybe we should cut your taxes, leave mine alone, and tax raise taxes on people making a lot more.

Re: Alphabet Q1 2018 Earnings [pdf]

#124

Post by sebleon »

fjsolwmv wrote: post #49
sebleon wrote: post #34

Earlier quoted context omitted.

Seems like a good time for employees to unionize.

Because recenue per employee is dropping?

Ah didn’t realize it was dropping. However, it’s clear there’s a large discrepancy between average employee income and average revenue per employee.

Re: Alphabet Q1 2018 Earnings [pdf]

#125

Post by s2g »

Clanan wrote: post #64
rayiner wrote: post #32

Earlier quoted context omitted.

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…

> If we don’t want to be getting more in debt we should raise taxes on middle class people Or... cut spending.

Sure, start by taking a machete to military funding.

Re: Alphabet Q1 2018 Earnings [pdf]

#126

Post by s2g »

chrischen wrote: post #60
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.

I don’t get the whole issue with low coporate taxes. I get why people should be taxed so as to reduce consumption and increase production, but a coporation is not a person, so why hinder their ability to further productivity and economic output? It’s redirecting money earned that could be used to further economic activity and redirecting it to the hands of some highly corruptable bureaucrat in public office given the…

Well for one thing, they aren't the primary source.

For another, reinvesting into the business lowers your tax burden.

Re: Alphabet Q1 2018 Earnings [pdf]

#127

Post by s2g »

briandear wrote: post #65
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.

How? Google’s money doesn’t belong to you or the government. Taxes shouldn’t be confiscatory. Is Google using more government services than a less profitable company or a similar size? Of course not. So why should they pay more? How about the millions in taxes paid by their employees? Or the millions in sales taxes paid by employees, or the millions in property taxes paid by employees? Or all of the businesses who se…

> The Laffer Curve is a real thing.

Parody account?

Re: Alphabet Q1 2018 Earnings [pdf]

#128

Post by s2g »

mkempe wrote: post #87
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.

This comment is factually wrong (as pointed out by other responses) and evinces sadly vile sentiments. The US corporate tax rate had grown until 2017 to be much higher than it is in Western European countries (and remains relatively high). If you, like many anti-Republicans, think that Sweden is an interesting model -- please note that Swedish corporate taxes are much lower than in the US. [1] As for the notion that…

Pick a more biased source.

Re: Alphabet Q1 2018 Earnings [pdf]

#129

Post by ilevtov »

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...

Hi, thanks for the link! we're building out more analyses like this, would you be up for a brief chat to share some feedback? thanks, ilya [at] craft.co (founder/ceo)

Re: Alphabet Q1 2018 Earnings [pdf]

#130

Post by tyingq »

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…

"- 1Q Paid Clicks +55%"

Curious what makes that possible. I thought that most monitizable queries already had 100% of the above the fold content as ads.

At some point, Google is no longer a search engine, but rather, a targeted ad engine with some organic search if you bother to click to page 2.

Starting to feel like the old yellow pages in it's waning days.

Edit: Honestly curious. How do you keep outpacing general internet growth when you've already over optimized click growth. It's an honest question, not snark. I'm curious where the magic lies. I'm honestly surprised there's still magic after a couple of decades of squeeze. There's only so much blood in the turnip. Downvotes don't bother me, if there is some explanation. I'm here to learn.

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