this post was submitted on 05 Sep 2023
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[–] [email protected] 7 points 1 year ago* (last edited 1 year ago)

This is exactly right. This is why rich people don't pay taxes, because everything can be written off in service of a company. But it can only be written off against the taxes collected on the gains of the company, so unless your company makes money, it doesn't really make sense.