What's your average tax rate?

Well now I’m intrigued, if you’re being serious

I love these diagrams because it really shows who understands corporate taxes.

Those who see the 11b and complain simply don't know how to read a 10-K, which is fine but it becomes a problem when everyone latches onto that and it ends up affecting policy decisions.

Truth is, Alphabet paid nearly $19 billion in taxes, according to cash taxes paid on the cashflow statement (a much better proxy for income taxes paid).

That equates to ~26.5%, which is higher than the 21% corporate tax rate.

Lmao imagine thinking commuting with a car makes you noble or something

Yeah that's a good point. Wonder if someone in the know will comment on this eventually.

Sorry I don't speak peasant

We know where the fattys are at

60 Billion in profit and they are cutting staff in 2023.

If its a good year the owners reap the rewards, if its a bad year the employees face the consequences.

Cuz following the crowd is for losers.

Follow me and subscribe for more lol

Nah it’s catchy, just not for your generation/demographic.

There’s a lot of data out there that proves it’s mostly kids who sway the Music industry’s best interest. It’s really interesting and fkn scary.

It depends on the reason why. Most of why Googles rate is low is due to employee compensation and R&D. Why are either of those bad things?

I was corrected by a couple of people here. Turns out it is a "Choropleth Map"

https://en.wikipedia.org/wiki/Choropleth_map

Harry it’s gonna win, then Kanye gonna Kanye Harry because Lizzo got “snubbed”.

And all because he didn’t look at this chart. Lol

And a very nice one, at that!

My discrete mistake.

They've got the meats.

There are 61 Arby's in Arizona.

https://locations.arbys.com/az/#:~:text=61

Lol. I'm feeling similar... Like what am I to actually take away from this display?

I do see one interesting piece in this chart which is the 50-75k group where there's a greater % of taxes paid by men but a greater % of wages earned by women. Looks to me like women in this group pay less taxes than men in this group.

Other than that... Spaghetti! Ha

I mean, this is the “wall street” answer. Could they have burned some of the $0.1T cash on hand to ride out the dip in the economy? Why did they hire so much, and continue to hire even after it was clear things were slowing down in 2022? Why wouldn’t a hiring freeze + attrition and internal transfers have been enough?

Apparently it is a "choropleth map". TIL

Second this and was coming to see if anyone would mention it. Give props to a parent doing this on a spreadsheet with the already lack of time.. huckleberry app made it really easy.

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So its greedy for a company to fire labor they determine don't need?

It isn't like Google has some obligation to spend a certain ratio of its revenue/profit on labor. The fact that this ratio changes just means that they are getting more or less productive as a company.

Yeah no wonder they had layoffs.

Unless the poll is conducted anonymously, wouldn't believe any poll result.

These type of polls really need to be conducted in a drop a questionnaire in a random box without any personal details included.