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Re: uksausage post# 24989

Thursday, 02/04/2016 9:02:54 AM

Thursday, February 04, 2016 9:02:54 AM

Post# of 56364
UK - LOL

for most big companies it isn't worth anything as they don't pay tax.



You should read more about companies that make a profit, not unprofitable companies like Plug and you will realize the importance of a 30% tax credit. Walmart for the quarter ending Oct 2015 reported $1.03 quarterly earnings while analysts expected $.97 which was a 6.19% surprise unlike Plug who normally likes to surprise on the negative direction with losses, and negative cash flow while surprising on revenue. In 2014 corporations paid $320,731,000,000 in taxes. The government has little reason to continue supporting PLug sales with corporate welfare as they have been in business 20 years and amassed a billion dollar loss. Hopefully congressional over sight will continue.
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