clacke: inhibited exhausted pixie dream boy πΈπͺππ°ππHow do the tax structures work that make it profitable to have less revenue? I don't get these "they killed it so they could deduct it" things.
In the simple taxation situations I have been in, if you have 16% corporate tax and you have 200 dollars revenue and 100 dollars deductable cost, after tax you have 84 dollars profit.
If you cut that revenue, woohoo, you have negative 100 dollars that can cancel out some other revenue for tax purposes, but like. You're saving 16 dollars in tax compared to if you didn't have that negative 100, but you're missing 168 dollars in profit that you would have had if you kept the revenue.
What's the maneuver that folks like Disney are doing?
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