[mandeepj]

They have burnt $40B on metaverse fantasy!

[kjkjadksj]

Taxes are way too low

[lotsofpulp]

You don't think those employees and vendors' employees and/or vendors' shareholders paid taxes on their income, capital gains, and/or dividends?

[kjkjadksj]

I think they paid taxes and I think they are too low.

[lotsofpulp]

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.

[kjkjadksj]

Just a sign that profits aren’t being sufficiently taxed if $40b are trivially available for a billionaires pet project.

[lotsofpulp]

If a business spends $40B to try to develop a new line if business, that is a business expense. If you are claiming that Meta’s R&D for virtual reality was not a legitimate business expense, but purely for Zuckerberg’s personal satisfaction, then good luck proving that.

Or are you arguing for a tax on revenue, instead of profit?

>are trivially available for a billionaires pet project.

What could this even mean? That it is trivial to become a majority owner of a business with enough cash flow to be able to spend $40B on R&D? If so, then you we live in different universes.

[aredox]

Found the one guy who still believes in the "trickle-down economics" con.