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Re: What Economic Recovery? Half Of U.S. Companies Are Losing Money 

By: micro in POPE IV | Recommend this post (1)
Thu, 08 Mar 18 7:32 PM | 144 view(s)
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Msg. 45323 of 47202
(This msg. is a reply to 45307 by capt_nemo)

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when your company shows a loss it does not pay federal income tax or state income taxes. This is all a matter of moving certain items into different areas and counted as a loss or expense, as opposed to it being accounted for in the revenue.

Mr. Wizard likely has seen this millions of times. THAT is why according to that article, there are so many companies reporting a loss. It is all about how the money is treated and accounted for...


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The above is a reply to the following message:
What Economic Recovery? Half Of U.S. Companies Are Losing Money
By: capt_nemo
in POPE IV
Thu, 08 Mar 18 6:55 AM
Msg. 45307 of 47202

ONLY 5 companies make the markets and eCONomy anymore......


http://feedproxy.google.com/~r/zerohedge/feed/~3/LeYoFKDgfQ8/what-economic-recovery-half-us-companies-are-losing-money


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