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by animitronix 307 days ago
Lol. Meta has always been such a clownshow...
2 comments

They have burnt $40B on metaverse fantasy!
Taxes are way too low
You don't think those employees and vendors' employees and/or vendors' shareholders paid taxes on their income, capital gains, and/or dividends?
I think they paid taxes and I think they are too low.
Based on the fact that Meta was able to spend $x money on developing VR?

Seems like pretty arbitrary and baseless reasoning to conclude taxes liabilities were too low.

Just a sign that profits aren’t being sufficiently taxed if $40b are trivially available for a billionaires pet project.
Found the one guy who still believes in the "trickle-down economics" con.
Others can only hope their clown show is as successful:

https://www.macrotrends.net/stocks/charts/META/meta-platform...