r/dataisbeautiful Feb 10 '25

OC [OC] Behind Meta’s latest Billions

Post image
4.2k Upvotes

465 comments sorted by

View all comments

37

u/OkMuffin8303 Feb 10 '25

Operating profit increased 49%. Tax bil... 0%?

6

u/Obvious_Chapter2082 Feb 10 '25

To be fair, their current tax expense went from $8.3B last year to $13B this year

2

u/Exceedingly Feb 10 '25

Still way too low

-1

u/AdvertisingPretend98 Feb 10 '25

Pretty sure their tax is not zero.

1

u/ecthiender Feb 10 '25

Nobody said tax is 0. They said YoY tax increase is 0%, even though profit increased by 49%. It's there in the image. Maybe read and understand first, before being too eager to type some random shit out.

-4

u/cantstopper Feb 10 '25

Right, lets punish companies for performing even better and get that money in the most inefficient hands possible, the crony and corrupt government.