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Directv top 10 company pays the least taxes.

Discussion in 'DIRECTV General Discussion' started by medic4jc7, Dec 4, 2007.

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  1. jwd45244

    jwd45244 Hall Of Fame

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    Yes Yes.

    EBDIT = Earnings before Depreciation Interest and Taxes

    Then they take Depreciation Expenses (lots of hardware costs in this business)

    That Gives: EBIT

    Then they pay interest on their debt

    This yields EBT - Earnings Before Taxes

    Then they pay taxes

    That gives Net Earnings

    There are only two things you can do (legally) with Net Earnings
    1) Retain them to use as capital for a future project
    2) or give them to your shareholders as a dividend

    So increases in taxes have the net effect of either lowering the amount of capital for future projects or lowering the amount of shareholder revenue
     
  2. durl

    durl Hall Of Fame

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    Those like Gates and Buffett can call for the government to raise the taxes on their fellow uber-rich, but Gates and Buffett are completely free to give as much extra money to the federal government as they wish. They simply choose to not do so. They created that foundation not long ago, with Buffett donating billions of dollars to it ($44 billion, I believe). And I would think that those donations are a tax deduction for him. Also, Buffett would increase tax revenue more if he let that money go to his children, allowing it to generate investment income, and be taxed every year.

    And if they think the tax system is unfair, why not call for lowering the tax burden on the secretary?

    Tax rates aren't the primary thing to measure, it's tax revenue. Lowering tax rates has proven to increase tax revenues. And we have record revenues coming into the federal government right now.

    And if the government goes broke, it'll be due to handouts, not war.
     
  3. warriorking

    warriorking Legend

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    I love the fact that government thinks they are entitled to every penny we make... like it or not they work for us....when they take the time, risk their fortunes, make countless sacrifices to see their dreams become reality,then they can sit at our table, till then, shut up!!!!Its no concern of theirs what anyone makes or does with THEIR money.....
     
  4. Earl Bonovich

    Earl Bonovich Lifetime Achiever

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    Alright...

    Bring it back around to the Taxes DirecTV has to pay.
     
  5. Ken S

    Ken S RIP

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    While there really is no such thing as costs not increasing because there's almost always an inflation rate...companies DO increase rates for no other reason that being more profitable. They will raise prices until they hit a level where the the price increase will begin to negatively affect the bottom line because of customer churn.

    As for the tax issue...DirecTV is taking advantage of a tax break that's meant to encourage investment. Should they not take the deduction or credit?
     
  6. jlancaster

    jlancaster Icon

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    Feb 10, 2006
    Either of which is BAD for a company and its owners and ultimately its customers.
     
  7. TBoneit

    TBoneit Hall Of Fame

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    Jul 27, 2006
    The only way D* isn't getting off easy is that they have to do a little bookkeeping for state taxes. Your bill should be showing the subscription rate and then as a extra line state sales taxes are added on so that they cost D* nothing.
     
  8. spartanstew

    spartanstew Dry as a bone

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    Wylie, Texas

    There's a tax kool-aide now? Didn't know that.
     
  9. BradBrening

    BradBrening Cool Member

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    Dec 10, 2006
    Ah, great. Another idiot who thinks a business needs to be paying more taxes, while reserving the right to throw a whole new hissy fit if his/her monthly bill goes up.

    Here's a solution for medic4jc7 - how about you cut out the middle man and write a big fat check to the government? This way everyone is happy!
     
  10. STEVED21

    STEVED21 Godfather

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    Feb 6, 2006
    Earl,

    Points on a refinance are not all deductable in one year. You take it over the life of the mortgage.

    Now back to the TV
     
  11. K4SMX

    K4SMX Hall Of Fame

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    There is nothing wrong whatsoever with a company using prior losses to offset current income for tax purposes, i.e., net operating loss carryovers (NOL's). Individuals in business are also entitled to NOL's, with certain adjustments. Both corporations and individuals are entitled as well to offset over a period of years the depreciation of their capital investments against their business income. This is all just standard Accounting 101 procedure.
     
  12. jhillestad

    jhillestad Godfather

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    Jan 13, 2007

    I didnt say they were getting off easy.... the argument was that DTV pays little taxes but the reality is they collect huge taxes for the states that charge them. A lot of states are charging telecommunications tax on satellite because they lose cable tax so they scam it off the sat signal.. the problem is the sat signal uses no state or city structures to get the signal to your house but the charge the same tax as cable that uses poles and land to do the same thing... basically DTV becomes a tax collector for the state.

    So someone saying they pay the " least " is incorrect because states a piggybacking onto their signal to tax you.
     
  13. Skooz

    Skooz Legend

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    Jul 20, 2007
    + 100
     
  14. medic4jc7

    medic4jc7 Guest

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    May 22, 2007
    First Off. Name calling is unacceptable. I made a point that in the end the comsumers have to pay out of pocket. Also on the list was FP&L my electric company. They have raised our bills for hurricane loses. And they pay no taxes due to hurricane loses.

    Just like billionaires who own the Florida Marlins wanting taxpayers to pay for a new stadium so they can become richer.

    As far as being an idiot. I am a 27 year Batallion Chief for the third largest Fire Rescue Service in the country in South Florida.
     
  15. vernonator

    vernonator AllStar

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    Jul 31, 2007
    You do know that corporations don't really pay taxes don't you? The consumer pays all of them. If you raise the corporate income tax on say....oil companies... to oh say 50% (from its current 30% - the HIGHEST IN THE WORLD) do you think they would just eat that? No they pass that cost on to the consumer - YOU pay the tax not them, simple economics.
     
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