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[–] • 2 pts

I'm so tired of this story. You are also free to lose money for 5 years and then claim losses on your taxes. It's not Jew magic.

[–] [deleted] • 0 pt

Right, they've put the revenue back into the business which makes sense now we've found this huge new demand for their service.

[–] • 0 pt

Maybe you might want to actually check and see that zoom didn't lose money for five years. https://www.macrotrends.net/stocks/charts/ZM/zoom-video-communications/profit-margins But then, this is the internet "free speech" site full of circle jerking corporate boot lickers.

[–] • 0 pt

and see that zoom didn't lose money for five years

Ok, but did they make an overall profit, or an annual profit?

Also, there are some tax relief schemes companies like them can avail of (to encourage startups).

[–] • -1 pt

I don't know which trick they used. My point is pointing out that the tax system, paid for by the same people evading taxes, is broken is tired. I generally think that corporate income tax is more of a passthrough thing, and therefore it is not my preferred method taxation. But I don't lick anyone's boots. Corps are just groups of people who should be taxed equally. The whole concept of corporate taxation is a form of tax evasion by the corp's owners.

[–] • 0 pt

Well, realistically corporate taxes aren't taxes on some plutocrat, they're sales taxes. Any costs imposed on a business are passed on to the consumer.

[–] • 0 pt

but I don't lick anyone's boots

right after sucking communist cock

I guess they aren't the same.

Corps are just groups of people who should be taxed equally.

Literal I can't even.

My point is pointing out that the tax system, paid for by the same people evading taxes,

WTF? Taxes are paid by White males at an extreme burden. It's not even close in any metric. Corporations don't pay taxes. They get kickback after kickback after kickback and any taxes they pay they do so through some jew rule that allows them to do so by spending the money on themselves. This is not good as you imply. This is not paying taxes as you state. This is untenable, unsustainable, and communism.

[–] • 0 pt

Sorry, my comment was a little rough.

[–] • 1 pt

Good for them. We should all skip out on paying income taxes

[–] • 1 pt

Bingo. It's ironic when anti-government types boo at people not giving money to government.

[–] • 1 pt

If a company has money left over before their year-end, and decides to pay it out to their employees in bonuses, stock options, etc, this reduction would come out before calculating their profit. As long as the company isn't retaining any earnings, they wouldn't have to pay corporate tax. The employees who receive the benefits would still be on the hook to pay for it, so the government gets their share via income tax.

[–] • 0 pt

Ok, so they made a huge profit in 2020, but did they make an overall profit? A company can be profitable in one fiscal year and still be in debt overall.

[–] • 0 pt

Their use went up 4 thousand percent in 2020....and tax season just opened up...so, they still have time to pay , right ? or am I missing something.

Surely their profits didn't increase 4 thousand percent in 2019...so I'm wondering why this is an issue today. I mean if they don't pay it by November and I story comes out about it I could understand (albeit still being to soon to tell).

Also, most fortune 500 companies don't pay much or any taxes either, why single this one out ?

[–] [deleted] • 0 pt

Also funded by a chink billionaire. The entirety of corporate America have communications going through this. What could go wrong there?

[–] • 0 pt

They dodged the taxes by using stock options in other words the money hasn’t been taxed yet. I guarantee when those stocks are sold the owners will get a mild ass slamming tax.