econwoman

4 ms·

1. 1.▲
   by econwoman 10y ago

   Regulations are based on how we can account for profits, net revenue, capital gains. These companies don't record profit (an accounting term). They record net revenue to avoid income tax. See the chart in the essay. What stated goal? R
2. 2.▲
   How Accounting Makes Corporate Profits – And Rich People’s Income – Invisible(evonomics.com)

   47 points by econwoman 10y ago|31 comments