5 ms·
500MM to avoid Harvard scrutiny - not a bad deal on 40MMM quarterly profit. It probably doubles as a tax deduction as well. Free market capitalism at its finest
by forward1 3y ago
500MM to avoid Harvard scrutiny - not a bad deal on 40MMM quarterly profit. It probably doubles as a tax deduction as well. Free market capitalism at its finest.
- wahnfrieden 3y agoFree market means businesses decide the regulations placed on the public, for private gain
- lainga 3y agowouldn't 40MMM be 40 trillion (40M-million)...?
- klyrs 3y agoI believe that the M stands for "mille," or thousand.
- lainga 3y agoignosco, non intellexi.
- astrobe_ 3y agoIf it's thousand, it should be a K with the metric system... But I guess 40KKK would raise some eyebrows. Yet another reason to keep imperial units.
- klyrs 3y agoIf it's metric, k is not capitalized, M means million and G means billion. No need to get Godwin involved. But it isn't metric, it appears to be a perversion of roman numerals.
- trompetenaccoun 3y agoOf course this is tax exempt, corporations can deduce up to 25% of their tax bill in the US afaik. Long live charitable giving!