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

Booker T Garvey

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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.
.

I never said anything about netflix's content being right wing either...wtf indeed.
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Won Won

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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.

These one-schtick tricks are embarrassing
 

You Win Perfect

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I was around 16 when Netflix first came out. I was thinking to myself damn I wish I could buy some stocks. Low and behold, look where they at 12 years later.

Anybody who bought into Netflix when they first came out made stacks. Quite possibly the easiest come up investment for the average joe.
hindsight is always 20/20. amazon, apple, microsoft, google...etc were all 'easy' come ups then i suppose right because at one point the average joe could afford the stock and lots of it
 

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Bullshyt the govt COULD enforce it IF they wanted to by closing all the loopholes, giving the means to the IRS to see all the sources of money from these rich fukks and these corporations and enforce ALL of their laws come tax time WITH a new tax code... :birdman:

They did so back in the day but people disagreeing saying it can't be done which is utter bullshyt...You know in China those large corporation figureheads are punished IF they do not pay their taxes with outright jail in some cases...:sadcam:

We need to start enforcing the same methods... you wanna send your company overseas??? new we'll tax that shyt heavily too or you send us our cut...:birdman:

Another way the govt can earn money is if they legalize weed nationally as a starting point... But hey we gotta lock up black people for low-level offences and get paid in FOR profit prisons...:beli:

So when I worked for a hedge fund and lived in new york I'll tell you how we did taxes. Our tax attorney would come in look at new laws and find the glaring holes in existing laws and find the bigger holes in the new laws that made it more complex and we would pay less tax on the fund damn near every year.

There are 74,000 pages in the tax code. Trust me when I say this when more laws are written into it
becomes easier for business and wealthy people to hide money.

Scrap the entire code cause new laws on existing laws make it easier to hide money. Also work together with other countries to have an effect global tax only way it will work.

As for China it's more complex than that. People that get jailed here for financial crimes pissed off the wrong people. As for how they invade capital restrictions on money and taxes. That I can't say as I'll end up missing! I like being in China.

As for offshore business :yeshrug: , not much to say about that. The problem is that one country has laws the next country doesn't. Like when that FACTA law came into full effect mad cats decided to pick residency in tax haven countries with less tax. It's not easy task of taxing the rich breh. My problem with the laws its smoke and mirrors cause people really believe it will work when it way more complex and requires global effort to pin rich people down.
 
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Cynic

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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


They can be subject to anything...that's why these people have tax strategists. Obviously the journalist chose Netflix because it's a popular brand
but there are some 99 other companies doing the same thing.

They are burning through cash like crazy and Disney/Hulu and Amazon are their necks

I can't fault them since they basically putting cable out of business
 

Black Nate Grey

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I never said anything about netflix's content being right wing either...wtf indeed.
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Bet.

:what: 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?

Now that this misunderstanding has been resolved.
Do you believe Netflix should pay taxes or not?
 

Booker T Garvey

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Bet.
Now that this misunderstanding has been resolved.
Do you believe Netflix should pay taxes or not?

first 4 comments are people shytting on this deal, somebody even said this was gonna get Trump re-elected - go look gain.

my point is that Netflix is one of the most progressive streaming sites out there - they just gave AOC 10 mil for her documentary.

BUT YES NETFLIX SHOULD BE PAYING THERE FAIR SHARE OF TAXES.
 
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49ers..Braves..Celtics
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I dont know how these poor rural cacs could straight up vote for those clowns.

And on top of that, they let a billionaire new york conman run a populist campaign and finesse them..... when all the signs were right there that he was a fraud. :dead:

At least the mainstream democrats try to hide their bullshyt economic policies but the GOP is so blatant that they will fukk u over with their trickle down bullshyt. And you keep fallin for the okie dok

"don't vote"

"both parties are the same"
 

Booker T Garvey

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Literally no one in the first page called netflix right wing, stop making shyt up you dumbass.

Actually the comment that made me say that was on page 2 - the one right above mine that was a rant about right wing corruption. My bad I should have said first 2 pages. :hubie:
 
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