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You don't pay taxes on the mean. They are unusual because they were minimized.
by neximo64 10y ago
You don't pay taxes on the mean. They are unusual because they were minimized.
- kbutler 10y ago"Reversion to the mean" is the process where later data is more typical than an outlying datum, so aberrations caused by outliers are averaged out, giving a result progressively closer to the mean of the data as subsequent data is added.
- neximo64 10y agoIn short, that the rate over a decade instead of over a year is the official corporate tax rate. For Google it doesn't work out this way, still.
- hiddencost 10y agoYou really should Google the phrase "reversion to the mean", because you clearly have no idea what is going on but remain confident.
- neximo64 10y agoGoogles mean or even max is far from 35% over their entire history. I fail to see the relevance of your argument. Perhaps you think Google will eventually in the future pay 35% and everything in the past was just an anomaly? Because it's a laughable thought, or if you're absolutely convinced that is the case you're incredibly naive. You're mixing up mean reversion with extrapolation.
- btian 10y agoWhere did you get the 35% number from? You know Google is a global company, right? Corporate income tax rate in Ireland is 12.5%. Have you seen any global company paying 35% income tax?
- neximo64 10y agoDoes that mean that its profits would be volume weighted based on where they're earned? Because they still do not match up, 12.5% would be the lower boundary - of which Google was below on many years. What you've come up with is a rationalisation. There is no way you can spin it, there is clear avoidance & the excuse is a battle on details of the law.