31–40 of 512 posts
Why not just increase sales tax? Or make sales tax sector by sector. Since they are almost a monopoly, it will come out of their own pocket mostly.
Sales tax is a tax to the consumer. I fail to see how that would affect Netflix at all.
A small or medium size business does not have the legal or accounting capability to navigate the tax code as successfully as a company like Netflix can. Similarly, even a high income individual can't stretch the tax code like billionaires can. On net it seems like the lower and middle income players subsidize the high income players both in business and personal taxes.
Anyone mad at a company for not pay taxes is misdirecting their anger. Companies follow the law. If you don't like the law elect different politicians. Don't get mad at companies that follow the law.
Why is there no YC/SV initiative to help make tech companies freaking pay their goddamn taxes?
Sounds easier than basic income experiments, robocars and going to Mars.
There is a lot of talk about increasing taxes on wealthy companies & individuals in the US as of late again. Whether that's a good or bad strategy I'm unsure. Either way it seems that well paid accountants are easily winning the arms race on how to avoid taxes. I'm curious if a government can actually win that race.
The effects of the current tax laws were well known before they could even be observed.
The government can easily put a stop to this. It's just about electing the right people, in the right party that aren't going to invoke visions of political and economic astrology. I think it goes without saying which party to NOT choose.
Right, I'm going to unsubscribe at end of this years sub, I'm not subsidising this business through tax.
Is it different when Netflix takes advantage of the tax code to not pay taxes different than when I do it? For example, I'm married and file jointly because it lowers my tax bill compared to if my wife and I filed separately.
Rather than being outraged at the headline, what are the actual details? Why were they able to pay no taxes? Was it due to carried losses or something like that? Anyone mad at a company for not pay taxes is misdirecting their anger. Companies follow the law. If you don't like the law elect different politicians. Don't get mad at companies that follow the law.
Why not just increase sales tax? Or make sales tax sector by sector. Since they are almost a monopoly, it will come out of their own pocket mostly.
Sales tax is a tax to the consumer. I fail to see how that would affect Netflix at all.
They would have to lower their prices in order to keep the same price to the end user (to keep the same number of users) and therefore get less profit.
Is it because in the states you show the same price and local (state) sales taxes are added on top that makes it a tax to the consumer?