/sci/ - Science & Math

Anonymous Wed Nov 4 16:30:41 2020 No.12305726 [View]
File: 22 KB, 570x467, amazon profit.png [View same] [iqdb] [saucenao] [google]

>>12305709
I already alluded to this in response to that post but to be clear, profit is a spook and minimizing it by keeping up capex levels renders corporate tax irrelevant. Companies focused on growth - like Tesla and SpaceX for the foreseeable future - are naturally capex high to support their endeavors. For them profit is funds they didn't manage to usefully allocate. The guys actually worried about this shit are mature, imbedded corporations.

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/sci/ - Science & Math

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