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by darkwizard42
2066 days ago
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A 4% effective tax rate has a lot more to do with investment in R&D, declaring losses in accordance to the tax code etc. The optics are terrible, agreed on that. Regarding your first question, its not about how much value I get out of Facebook, since I'm not paying $160 for it, advertisers are paying for the ability to reach people. |
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They aren’t unique in this sense but it’s just loophole after loophole and is the kind of thing that is at this point a textbook example of failed corporate/ social responsibility.