[OC] Boeing is the world’s largest aerospace company. Breaking down its most recent income statementObvious_Chapter2082 t1_j0udskq wrote
Reply to comment by ar243 in [OC] Boeing is the world’s largest aerospace company. Breaking down its most recent income statement by giteam
It’s mainly because businesses need high expenses to operate. If you were to tax total income, you’d have to do it at a very low rate so that businesses don’t go bankrupt
But even still, Boeing is paying tax on a loss here. So they have no income, but still owe tax
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