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Obvious_Chapter2082 t1_j0udskq wrote

Reply to comment by ar243 in [OC] Boeing is the world’s largest aerospace company. Breaking down its most recent income statement by giteam

It’s mainly because businesses need high expenses to operate. If you were to tax total income, you’d have to do it at a very low rate so that businesses don’t go bankrupt

But even still, Boeing is paying tax on a loss here. So they have no income, but still owe tax

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