Twitter isn’t profitable. Neither are these other public tech companies.

According to the Hobby Loss Rule, a business that is not profitable for at least three years out of five is considered a personal hobby, not a for-profit business. Taxpayers cannot deduct losses incurred from pleasure activities.

Twitter isn’t a real business! It’s just Jack Dorsey’s pet project that he’s using as a tax shelter! SEE.

Are the world's biggest tech companies profitable?

See Also:
Twitter isn’t profitable. And neither are these other huge public companies –pando daily

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3 thoughts on “Twitter isn’t profitable. Neither are these other public tech companies.

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