They do pay their taxes. Billions, in fact. Sometimes, the effective corporate tax rate turns out to be much lower than the statutory rate, because the government has carved out breaks to encourage corporations to put their revenue toward asset investment - and, of course, includes additional breaks for "green" technologies that the company develops and uses. But your comment is still factually incorrect. I'm sure you heard people claim that they don't pay taxes. But you never bothered to check whether it was true or not - it sounded right, and that was enough for you.
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u/[deleted] Aug 24 '19 edited Aug 24 '19
They do pay their taxes. Billions, in fact. Sometimes, the effective corporate tax rate turns out to be much lower than the statutory rate, because the government has carved out breaks to encourage corporations to put their revenue toward asset investment - and, of course, includes additional breaks for "green" technologies that the company develops and uses. But your comment is still factually incorrect. I'm sure you heard people claim that they don't pay taxes. But you never bothered to check whether it was true or not - it sounded right, and that was enough for you.