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by jakelarkin
2683 days ago
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another clickbait article from this organization. "${TechCo} paid X% in taxes but it should have paid Y% * Current Year Net Income". What specifically is ITEP arguing for? GAAP profitability is not Taxable income is not Net Cash flow. The IRS has different multi-year schedules for various asset amortizations/depreciation than GAAP so of course the tax rates can be significantly different if the company is investing in growth. |
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