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Response to PeeJ52 (Original post)

Sat Feb 9, 2019, 02:27 PM

6. Netlflix lost money for years.

Hundreds of millions.

It's a profitable company now, but they are utilizing their loss cary-forward to offset taxes now that they have turned the corner. They'll do this for awhile. Until they can't (which should be relatively soon)

Is that good tax policy? Maybe. Maybe not. But I support the ability for a company to take chances and invest in people and equipment during the early years, and carry-forward losses (which are finite) allow them to do this.

Would Netflix exist if they couldn't write off prior year losses? Good chance of it, but not certain. On the other hand, maybe they would not have hired so many people, and invested so much (during the Obama years mind you), if they knew that carry-forward would not be permitted.

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Arrow 25 replies Author Time Post
PeeJ52 Feb 2019 OP
Dennis Donovan Feb 2019 #1
ooky Feb 2019 #9
PeeJ52 Feb 2019 #11
Dennis Donovan Feb 2019 #12
PeeJ52 Feb 2019 #15
dalton99a Feb 2019 #2
Initech Feb 2019 #3
Me. Feb 2019 #4
PeeJ52 Feb 2019 #5
fescuerescue Feb 2019 #7
LineReply Netlflix lost money for years.
fescuerescue Feb 2019 #6
safeinOhio Feb 2019 #8
fescuerescue Feb 2019 #13
safeinOhio Feb 2019 #22
fescuerescue Feb 2019 #23
PeeJ52 Feb 2019 #14
fescuerescue Feb 2019 #16
Igel Feb 2019 #24
csziggy Feb 2019 #21
superpatriotman Feb 2019 #10
fescuerescue Feb 2019 #17
joc46224 Feb 2019 #18
PeeJ52 Feb 2019 #20
Power 2 the People Feb 2019 #19
Duppers Feb 2019 #25
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