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> AWS gets to reduce its profits by making this investment, which means they pay less taxes. That’s not how it works. If they buy 4 billion of shares, they the
by cowsandmilk 3y ago
> AWS gets to reduce its profits by making this investment, which means they pay less taxes.
That’s not how it works. If they buy 4 billion of shares, they then have an asset worth 4 billion. No impact to profit.