4 ms·
Isn’t this just a function of not having any profits?
by ada1981 6y ago
Isn’t this just a function of not having any profits?
- neolog 6y agoThe article shows that's not it.
- Rebelgecko 6y agoAre you sure? When I read the article it seemed to make a big deal about how part of the reason the companies got tax rebates is that the CARES act let companies apply their negative profits retroactively for a tax rebate instead of having to carry them forward.
- kelnos 6y agoEven if so, I don't get all the outrage directed toward Nike. They're merely doing exactly what the US government told them they could do.
- neolog 6y agoAre you saying it's good for companies to behave as badly as they possibly can? Maximizing shareholder money is not the only way of life.
- thrill 6y agoNo, it's a function of companies following the law instead of doing what the article writer thinks is "fair".
- izacus 6y agoAssuming that they're following the law assumes that they'll also stand through a proper IRS audit without any questionable financials. If you'd ever been close to any corporation, you'd know that that's a hellova assumption to make. "Following the law" is something that's very fungible when you're rich.