rules are rules, ya don't like it, pass a flat tax. rules are rules, ya don't like it, pass a flat tax.No one should pay more taxes than they are legally required to. Governments at all levels have proven that they are extremely poor stewards of the people’s funds.
Creative? Hell, I’m an engineer and I can fugure the depreciation expense
I’ts not creative. It’s not rocket surgery
Business Insider is the enemy of business.
They like to try to deceive you by having a pro-business name, but they are pure left and red as a summer sunset.
President Trump is way too smart to do anything tax-wise that might get his tit caught in the IRS wringer. The NYSlimes is a wishin’ and a hopin’. Not gonna happen.
I’m sure the high power dem players do the same thing.
Let’s see the CLINTON’S tax returns, for example.
Have you heard about the 401K loophole?
If you have some of your wage income placed into a special tax shelter known as a 401k account, you can deduct that amount from your taxable income.
(Don’t tell anybody you heard this from me).
Everyone knows you don't pay tax on debt service and the fact that the markets keep rising guarantee that when Kushner does finally sell the properties in the future he will much more tax on the higher valuations
What idiot would pay a penny to the IRS if they could avoid it legally? The government would make more money by going to a flat tax. If you run a business there are untold ways to avoid taxes especially if you know a local business to buy stuff from that will work with you. Ringing up personal things you might buy under a generic code that would indicate it as plumbing supplies if you have a plumbing business, as one example. This is dodgy but it happens all the time.
Wonder who was the President during all that time.
How come there is no mention of GE not paying income taxes during that same period?
I haven’t filed an income tax return in 17 years. Still waiting for the IRS to get back to me with the actual statute that requires me to file in my situation. Don’t expect to hear from them anytime in the future, either.
Paying more than you owe in taxes is for chumps.