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@admitsWrongIfProven

I am refering to the USA

Yes you can pay no taxes as well if you do what these large companies do (I pay no taxes quite often despite making well over a million most years and the same was true when i was making much less)... As I said its largely due to a misunderstanding of taxes on your part that 1) you dont know how to structure it so you can get those deals and 2) You dont understand why it is fair since you dont understand the mechanisms at play.

A simple example of how you can do this is to work as a 1099 worker (as opposed to w-2) and ensure your expenses exceed your profit. You can even manage this if your expenses are things you spend on growing your career (for example expenses on training, and other resources).

When companies pay near 0 its usually because of just that, they spent all their profit on growth, the money taken out by the owners (usually at dividends) is still taxed normally however so the owners arent getting a free ride. This has the consequence however of the company growing and thus int he future making even more profit (hopefully) and in turn paying even larger taxes differed into the future.

@Pat @johnabs @rbreich

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