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Living-Walrus-2215 t1_j9qzpws wrote

Reply to comment by 24get in [OC] Apple’s 2022 Income Statement Visualized with a Sankey Diagram by Square_Tea4916

You're forgetting the taxes paid on every cent returned to shareholders (ie: the only profit actually generated to the owners of the business), as well as the taxes paid by its owners, employees, clients as a result of the business operating.

Also it's 19%, not 5%.

I agree though, corporate taxes shouldn't be 5%. They should be 0%.

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