OUCH! MS has to write off >$6bn in Q4 to post a Q4 loss

[M.U.G.E.N]

Kasz216 said:

M.U.G.E.N said:

blah nvm this is not gonna end if I do this

If you say so... just learn how taxes work.

It's worth noting they will save about that much in taxes, even if they post a loss, becuase losses in taxes are alowed to be moved foward.

Nope I did write a long ass reply..posted it..them removed it because I know you and we have done this song and dance before...it's gonna drag on and on..last time this happened you ended up arguing on my wall also

I am an accounting major...and the stuff you just said are overly simplified at best. This is not a black and white situation. The requirements/conditions/criteria vary a lot going by federal, state and also are affected by various points put forth by US GAAP and will affect the amount they can use as an itemized deduction. There is no such thing as a flat tax rate at a federal level and even at a state level less than 10 states use it. I think you are misusing the term here out of ignorance. Loss/Gain/Tax Credit carry forward and backward, I know these things, and I know them much better than you and don't even kid yourself thinking otherwise. I definitely know how progressive taxation works (yes that's the actual term). Next time, if there's reason to believe the guy knows what he is talking about and you find a statement he made to be wrong or odd, give the benefit of the doubt to him and ask him to clarify without being condescending. You did HR or something right? Apply things you learned in it if so. Anywho I won't bother with this topic any furthure, heck I shouldn't have had to even post this. anyways think what you must