Actually it is, except in unusual cases. You are wrong about that too. The tax law says that's cool. What's your problem with it exactly? I don't believe I accused you of a double standard. No, but at least some attempt at awareness of reality would be nice. That's probably it. And it is a curious coincidence that Trump says a bunch of misleading things about Amazon, and within a day or so, you post the same bunch of misleading things about Amazon - I don't think it is so surprising that people assumed the two were connected somehow. barfo
If Trump went on a rant about how the red-eared slider is the dumbest turtle around and then you posted a thread on the problems of red-eared sliders, then I imagine some posters would talk about Trump.
It easy to just point at things and say they are wrong, huh? "Nope, nope aaaaaand nope" No factoids or brief summaries to help your cause? Too bad you don't hold yourself to the same standards you keep whining to me about. You demand an awful lot of research to just turn around and say "that's wrong". The standards you seem to hold other posters to are a glaring contrast from the half-assed, smug responses you muster.
I dunno. You may have a point there - however I suspect that typically when I demand evidence it's something that can't trivially be verified or is likely to be bullshit. The basics of taxation are trivially verified, e.g. here and here. barfo
No way, it is clearly Trump bro. I'm listening to some 15 year old System of a Down and it is all rainbows and unicorns. Nothing bad happened in the world before Trump.
That's better. So wages can be deductible in some cases, if certain requirements are met. That's definitely not a general rule that applies to all business owners. I seriously doubt that all businesses are able to reap these benefits at the end of the day, as it would eliminate the need for competitive wages altogether. The cost of labor is not 100% deductible across the market, that's just not possible.
Waaaaa waaaa, waaaaaa. Stomp foot! Waaaaaa. No fair - people don’t like Trump and they say it on the internet. Waaaaaa
yeah...not many of those guys around that'll pay more than they have to....Bill Gates sure did share the wealth though....he's given a lot to education and humanitarian causes...I don't know much about this guy but he's in the company of dictators and royal families...I don't think the queen of England has much inherent responsibility either...as I said..it's not fair but if you find the loop holes...it's a seriously flawed system ...pay for play
I feel that you MIGHT catch on to what's going on. The rest of them are lost. I didn't know jack shit about Obama signing that bill that let's the military detain citizens indefinitely (but he wrote a note promising that HE wouldn't do it) because your media gave him a pass. I don't watch Fox, maybe they informed the public. You've only got TDS in the early stages. You even glossed completely over the hypocrisy I posted about his budget deal. That's because that ain't what your media is telling you. I just hear about stuff here and what I catch on the local Sinclair tv station I watch in the morning. (NOT BIASED!!!!)
Huh? The post you are responding to challenged my knowledge of a poor person who paid more taxes than Trump. Are you saying I cannot challenge your assertion that implied I know no such person?
I know you try not to be biased. But you easily see TDS but never comment on the VD version of the syndrome where everyone gets pimply boners at anything Trump says. It’s become a combat sport. Which team? It’s gone too far and both sides tend to give passes way to easily to slimy shit from their side. But my honest view is that although there certainly is slimy stuff pushed by anti-Trumpers, I think the stuff from the pro-Trump side is slimier and certainly more dangerous. Basically two sides to the same coin, but the trump side landed in horse crap.
You know how they say a large portion of the population has herpes and doesn't even know it? Trump is the symptom, not the disease. Trump is the Joe Pesci mobster who can't control himself and Hillary was the DeNiro who was more polished. Trump was just new. If he believed half of the things he said during the campaign I'd be ecstatic. He doesn't, obviously.
I like I like that. However, DeNirl isn’t standing over us with a butcher knife anymore, but Pesci is. We have a president. His every action and statement will get discussed. Especially when lies more than any president in history and seems to relish corruption by his guys.
Let's talk about that shit. I already said I'd impeach him for wasting tax money to go to Maralago. Or that I'd throw them all out, something like that. Back to my casino analogy, Trump is the Pesci, but the real bad guys are sitting behind a restaurant playing cards and watching us freak out while they laugh their asses off and get richer. Congress? Patented, trademarked and owned completely. Term limits? They'll just steal more faster.
If we ever found out the truth we'd be like the girl at the end of 10 Cloverfield lane when she sees something she didn't believe was real. Jaw dropping
Probably 99.99% of wages paid to employees who are not themselves owners of the business are deductible. It's definitely a general rule that applies to all business owners. What you wrote there isn't true. None of it is true. I think you are confusing deductions with tax credits. Yes, if the goverment gave you back $1 for every $1 of wages, everyone would pay infinite amounts of money to their employees. That's not the way it works. You can deduct employee wages (and lots of other expenses) from your revenue to get your taxable income. That doesn't make the wages free to the business owner. It just means you don't pay income tax on them. If I hire jonnyboy to sell my product, and his salary is $5, and he sells $15 of merchandise, then my taxable income is $10, the IRS gets maybe 35% of $10, and jonnyboy gets $5. If jonnyboy gets a $15 minimum wage, my taxable income is zero and the IRS gets $0. barfo
I’m in agreement except I put trump actually at the table with the big boys. He might not have the planning of evil that the bosses do but he jumps at the chance to do serious harm just to pad his ego. I don’t think however that the bosses are out of reach. But if we are stopped from going after the henchmen then nobody will ever flip. Trump has to be a target, he’s piling up too many bodies.
(Former Amazon employee talking) First, Bezos pulls in very little income. I think at one point he was making 22k or something because he had to. Just about the entirety of his 100+B is in Amazon stock. Value, not cash. When he cashes out stock to buy a new yacht or a baseball team or Whole Foods, he pays capital gains on it. He probably has a team of accountants that help him not put another dime into a Republican-controlled Congress than he has to. Amazon also is among the least profitable (by margin) companies, like, ever. The tax code is a, more or less, equal opportunity game. You wanna work losing money every year for 7 years until you finally make a profit? They have a deduction for you. You want to drop 250k of your own money investing in a company doing, of all things, a search algorithm, years before its IPO? Then sure, reap the 1.5B or so that his shares in Google are worth today (20 years after he bought in). And when you cash out, they have a tax for you. Want to spend all of your profit doing R&D for the next big thing? There's a deduction for that. The poorest people I know got paid ~3k last year to live in America, due to the Child Tax Credit. A family member who is a sole proprietorship got every dime of federal and state tax he paid back due to not making a profit. Get in the game, man, instead of booing from the sidelines.
