Join that startup as a founder, have a million+ exit and you will have the capability to do this as an individual.

Join Bluesky and you too can lie about whatever you want.

Individual Meta employees and shareholders couldn't do this either.

You don't need a startup. Millions of people have an effective tax rate that is 0% and they have a net tax rate that is negative. They do this simply by having no meaningful skills or knowledge.

You can make stuff up even on this site.

Maybe it’s just more visible now but it seems like these companies are really accelerating in their evil lately. Probably because they know this admin’s going to do jack shit to protect people. Would be funny if it wasn’t also so scary.

You may read "supply-side economics" instead.

The current admin sure does seem to push for it

Perhaps, but the entire ecosystem of associated buzzwords/ideas is pretty popular in our culture today: "job creator" C-suite executives magically "create" jobs and/or raise pay because their budget for taxes goes down and they just don't know where else to put the cash, thus everyone benefits. Is it a straw man? Sure. Is it the same pablum often delivered by the evening news and politicians? Yes. Is reality a TON more complicated and often counter-intuitive? Yep. (Raising wages doesn't seem to have a _direct_ correlation to inflation, it's correlated but often lagging and muted in response; job creation seems to be mostly a market effect not corporate decision; the modern definition of "fiduciary duty" means extra cash should go toward immediate stockholder benefit so stock buybacks are always FAR more likely than employee benefits; etc; etc).

The one area I'd push back strong on is that nobody is "advocating" for it. Many stockholding orgs/individuals are. They don't care if its a straw man, they know what the real-world systemic effects are of lower taxation rates.

I'm SE and there are quite a few tax breaks available, especially if you structure as a S-Corp. The hard part is figuring out what all tax breaks are available as they're constantly changing, like last year you can deduct dental insurance premiums.

I still pay an eye watering amount, and being SE shows you the brutality of the system (estimated taxes are insane, especially the payment schedule for them when you're NET 30/60).

> it's only available for big corporations because as a self-employed, it's close to 30%.

Well maybe instead of complaining you should simply just generate more economic value. If Meta disappeared tomorrow it would hit the US economy, if you disappeared tomorrow it wouldn’t even be noticeable in the stock market.

> Conventional conservative/capitalist wisdom is that corporations "don't pay taxes" because they just "pass it along to consumers as higher prices".

I'm with you, but a couple things: 1) Do you mean "shouldn't pay taxes"? Because I'm pretty sure their thing is getting corporations (and the wealthy) to pay less taxes than they already do. 2) That's not wisdom, it's a propaganda-meme. It's a misleading little story (mainly through omission) meant to get people to support a policy that's bad for them.

I mean you can. If you read the actual article:

https://itep.org/meta-tax-breaks-trump-mark-zuckerberg/

You just have to buy of equipment used for a business purpose that you can depreciate. You then put these on Form 4562 or something.

This is a bit tongue in cheek. The American tax system is set up to tax at the point of consumption. There'd be no difference in how much money actually ended up in your hand if we switched everything over to a VAT, except a lot of people would probably be relieved of the psychological burden of taxes.

Well, we need taxes to have a functioning economy. So what is really needed is that we close loopholes that allow corporations to pay less than individuals

Taxes is a net benefit (at least here in Europe): you basically get better services (that you would pay anyway) for much cheaper: education, healthcare, culture, etc

> individuals should be able to take advantage of the same tax rules as corporations.

Nah, corporations should be taxed at the same rate as individuals. A country where everyone pays only 3% tax is going to be a crap hole.

The state would go bankrupt within a month or so.

That's why I often ask for "Source?" — because sometimes people seem to make up numbers. However, whenever I do this, I receive a large number of downvotes. Maybe it's not common on HN to back up claims with sources.

I think it's from this: https://itep.org/meta-tax-breaks-trump-mark-zuckerberg/

Yeah this is a weird low quality submission to HN (no offense OP). Microblogging has questionable value for anything beyond “hot takes” and “breaking news” (and keeping people angry and misinformed enough to vote).

I bet the two sources won't agree on what values go into the denominator and / or numerator of their effective tax rate calculations. It can be as simple as the 3.5% being a calculated rate on revenue rather than profit

I'm shocked, absolutely shocked that a Bluesky post would be deliberately misleading to push a narrative that we need more taxes.

Lies, damned lies and statistics. They are fudging statistics so they arent technically lying but leave out context and stretch definitions to make their point.

It could but then it would show that the effective tax was not 30% but 3% and there is a strong lobby in Washington against that.

It is easy to excuse paying taxes.

The issue that that taxes fundamentally bind two moralities: and individual and social one.

Societies generally thrive better when there is a certain level of equality. Not a hundred percent, but enough for social mobility and for people to be aspirational.

No or low taxes remove that opportunity. It bears people from taking an education and forces them in poverty.

You're acting like the game is fair. The game is heavily rigged to favor large companies. This is by design.

The dilemma we're battling with here is the morality of avoiding most of your taxes if you can afford to hire the right people to manage your money.

Would it still be justified if we replaced "taxes" with "judgement in the afterlife"?

Wait it gets worse for the "article"

ITEP gets the number by dividing Meta’s current federal tax expense ($2.82B) by its domestic pretax income ($79.64B), which is about 3.5–3.6%.

But Meta’s total 2025 GAAP effective tax rate was actually 29.6%, because it also booked a huge $15.93B charge tied to the Corporate Alternative Minimum Tax and valuation allowances.