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dandy72 wrote: I wish I could pay that little taxes
Some were 25%+, is that what you are referring to?
Social Media - A platform that makes it easier for the crazies to find each other.
Everyone is born right handed. Only the strongest overcome it.
Fight for left-handed rights and hand equality.
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I'm going with the sample numbers. In the very first example - Berkshire Hathaway - paid $9.2B on sales of $223B. That's 4%. Go through the other entries in the gallery.
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dandy72 wrote: Go through the other entries
True, I didn't read through the article that much.
dandy72 wrote: Berkshire Hathaway - paid $9.2B on sales of $223B.
Didn't read the article; however, I do know a lot about Berkshire and they essentially own other companies and don't really have sales themselves. So, I'm not sure those numbers are accurate.
But ya, 4% taxes would be great. I'd love for everyone to pay the same percentage of taxes instead of the progressive tax the US has.
Social Media - A platform that makes it easier for the crazies to find each other.
Everyone is born right handed. Only the strongest overcome it.
Fight for left-handed rights and hand equality.
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You mean as a percentage of your profit?
Profit is income minus cost. That's what most companies pay taxes over.
Bastard Programmer from Hell 
If you can't read my code, try converting it here[^]
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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What's "profit" for an individual like myself? I pay income taxes. Whether I have any money left in my pockets at the end of the year or not (income minus cost, as you put it) is entirely irrelevant as far as my tax office is concerned.
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Mark_Wallace wrote: they take money out of dozens of national economies, and don't pay tax on it anywhere.
A rhetorical question:
I wonder what the value is (if any?) of the services they provide, to said economies and perhaps more to the point, their citizens?
| Ravings en masse^ |
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| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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What is your value to the economy where you are, and do you pay your taxes?
If the google search engine disappeared, everyone would simply use a different one, so no added value there.
If google's intrusive, privacy-destroying, but ultimately useless ad-targeting stopped, no-one would miss it -- but most of the companies that use it would suddenly find themselves better off (study after study has shown that it results in zero sales improvement over untargeted advertising -- not google's own studies, of course).
If android disappeared, it would obviously be the year of the Linux phone OS!
Or the HuaWei one, which is already looking pretty damned good (I can't read Mandarin, but all those Chinese characters, like I say, make it look pretty damned good!)
I neither know nor care what else alphabet is involved in -- I've got my own life to live, and little desire to waste much of it on them.
I wanna be a eunuchs developer! Pass me a bread knife!
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Mark_Wallace wrote: study after study has shown that it results in zero sales improvement over untargeted advertising
I can tell you that's wrong, because I have never clicked on an untargeted ad but I have clicked on targeted ones. Also, common sense would tell you that's wrong. I wonder what news sources you read. Hmmm.
Again, just making stuff up for humours sake maybe? 
Social Media - A platform that makes it easier for the crazies to find each other.
Everyone is born right handed. Only the strongest overcome it.
Fight for left-handed rights and hand equality.
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The studies are all searchable -- the serious stuff tends to be swamped by blogs, etc, but they're not too hard to find.
I wanna be a eunuchs developer! Pass me a bread knife!
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ZurdoDev wrote: They are following laws so they are paying exactly what they are supposed to
We all know what Marc means : they have departments full of lawyers who bend the laws with complicated financial constructs so as to pay as less taxes as possible. Which is legal, yes, but ethically not how the lawmaker intended it to be.
Amazon had a turnover of €21,600,000,000, claimed profit of €60,000,000 and paid €16,500,000 in taxes, which is 27,5% of profit and 0,076% of turnover. I am currently paying 45% taxes on my incomes, and have no legal way to decrease this amount, at least none that I can afford looking for.
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Rage wrote: We all know what Marc means
I certainly don't because I've pointed out to him that it's legal and he hasn't commented on that aspect.
Rage wrote: I am currently paying 45% taxes on my incomes,
Ouch!! Guess you're the one paying for free healthcare.
But instead of everyone complaining about it how about we change the laws?
However, does anyone realize the benefit of them avoiding taxes? It allows larger profits and lower costs to consumer. In the end, the consumer pays 100% of the cost so if they can save some money, some of that will be reflected to the consumer.
Social Media - A platform that makes it easier for the crazies to find each other.
Everyone is born right handed. Only the strongest overcome it.
Fight for left-handed rights and hand equality.
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ZurdoDev wrote: It allows larger profits and lower costs to consumer. In the end, the consumer pays 100% of the cost so if they can save some money, some of that will be reflected to the consumer.
Holy cow!
I think you need to change the colour of the lenses in your glasses!
I wanna be a eunuchs developer! Pass me a bread knife!
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ZurdoDev wrote: However, does anyone realize the benefit of them avoiding taxes? It allows larger profits and lower costs to consumer. In the end, the consumer pays 100% of the cost so if they can save some money, some of that will be reflected to the consumer.
The point is... we are not their consumers anymore... we are their product
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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True. And if you object to that, stop using their services.
#SupportHeForShe
Government can give you nothing but what it takes from somebody else. A government big enough to give you everything you want is big enough to take everything you've got, including your freedom.-Ezra Taft Benson
You must accept 1 of 2 basic premises: Either we are alone in the universe or we are not alone. Either way, the implications are staggering!-Wernher von Braun
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Looks like it is not true... (see answer below) 
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Nelek wrote: we are their product
I am Amazon's product? 
Social Media - A platform that makes it easier for the crazies to find each other.
Everyone is born right handed. Only the strongest overcome it.
Fight for left-handed rights and hand equality.
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ZurdoDev wrote: However, does anyone realize the benefit of them avoiding taxes? It allows larger profits and lower costs to consumer. In the end, the consumer pays 100% of the cost so if they can save some money, some of that will be reflected to the consumer.
Not sure what you mean by this.
#SupportHeForShe
Government can give you nothing but what it takes from somebody else. A government big enough to give you everything you want is big enough to take everything you've got, including your freedom.-Ezra Taft Benson
You must accept 1 of 2 basic premises: Either we are alone in the universe or we are not alone. Either way, the implications are staggering!-Wernher von Braun
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Rage wrote: and 0,076% of turnover
I think you mean 7.6% of "turnover". (you forgot to multiply by 100 before appending the '%'.)
Businesses the world-over are allowed to deduct certain expenses from turnover, like employee salaries, cost-of-sales and the like. That then becomes net-income before taxes or "profit". Seems reasonable to me. Hence the 27.5% taxes on net-income. That also seems reasonable, to me.
#SupportHeForShe
Government can give you nothing but what it takes from somebody else. A government big enough to give you everything you want is big enough to take everything you've got, including your freedom.-Ezra Taft Benson
You must accept 1 of 2 basic premises: Either we are alone in the universe or we are not alone. Either way, the implications are staggering!-Wernher von Braun
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No, there is a factor 1,000 between turnover and their declared income.
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Sorry, you're right. Missed some 0's somewhere. 
#SupportHeForShe
Government can give you nothing but what it takes from somebody else. A government big enough to give you everything you want is big enough to take everything you've got, including your freedom.-Ezra Taft Benson
You must accept 1 of 2 basic premises: Either we are alone in the universe or we are not alone. Either way, the implications are staggering!-Wernher von Braun
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ZurdoDev wrote: I just don't get British humour.
Yeah, that's one of the many disadvantages of being a foreigner. 
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Quote: one of the many
- I would love to change the world, but they won’t give me the source code.
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congratulations to alphabet.
that 1T$, came from people that paid them, so obviously they have something that people want to buy.
... is that not the point of starting a business?
What have they done wrong that any business [even one with a lot less zero's] wouldn't also do (and often has done) given the same opportunities?
So once again: congratulations to alphabet for achieving what every other business wants
... and also wouldn't hesitate to do if they had the best in-demand secret sauce.
after many otherwise intelligent sounding suggestions that achieved nothing the nice folks at Technet said the only solution was to low level format my hard disk then reinstall my signature. Sadly, this still didn't fix the issue!
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Um, actually, it's the valuation of the company, calculated by the share price.
It has nothing to do with how much money they make (except in that if they make a lot, more people want to buy shares). Share prices rise when people are willing to gamble that they will rise further; it's almost completely disjoint from the company itself.
I wanna be a eunuchs developer! Pass me a bread knife!
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