Hello There, Guest! (LoginRegister)

Post Reply 
[news]Middle class feeling betrayed by Trump when filing taxes
Author Message
Fort Bend Owl Offline
Legend
*

Posts: 28,448
Joined: Jun 2005
Reputation: 454
I Root For: An easy win
Location:

The Parliament Awards
Post: #72
RE: [news]Middle class feeling betrayed by Trump when filing taxes
https://itep.org/netflix-posted-biggest-...ome-taxes/

Don't know if anyone has posted this yet or not, but Netflix supposedly made $845 million in profit in 2018 but didn't pay a dime in federal or state income taxes. In fact it reported a $22 million federal tax rebate. There's a reason my wife's law firm is doing so well (although I doubt they have Netflix as a client).

I'm sure Netflix is doing this on deferred income somehow. Didn't they get into trouble with investors recently because they're not showing enough profit and instead are throwing all their money into new content? All of my income is being deferred into future content as well (paying off my house and other possessions, etc.) but I don't think the government will let me get away without paying any income taxes.
(This post was last modified: 02-08-2019 10:03 PM by Fort Bend Owl.)
02-08-2019 09:59 PM
Find all posts by this user Quote this message in a reply
Post Reply 


Messages In This Thread
RE: [news]Middle class feeling betrayed by Trump when filing taxes - Fort Bend Owl - 02-08-2019 09:59 PM



User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.