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The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax
ProPublica ^ | 8.June.2021 | Jesse Eisinger, Jeff Ernsthausen, Paul Kiel

Posted on 06/08/2021 6:57:53 AM PDT by farming pharmer

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To: a fool in paradise
correct....they PAY to have certain advantages written into the law....

I was always curious how businessmen got to write off golf trips, and vacations, and gormet dinners, and lavish parties to the "business" as well as get to gather free airline miles that they didn't pay for and not have to pay taxes on them either.....

and yet, you and me and everyone else have to write down every single item we donate to Goodwill....

61 posted on 06/08/2021 8:16:55 PM PDT by cherry (we are the dominionated)
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To: Reily
please pull your head out of the sand....

there is a reason why the workers and middle class do not get ahead very far....there is a reason why the rich manage to keep their riches....

the systems in every single way work for the rich....the laws, the cops, the justice system, the irs, the see I a, the fibbers.

hey look at Hunter buyden as an example....no favortism there....

62 posted on 06/08/2021 8:20:26 PM PDT by cherry (we are the dominionated)
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To: cherry

If you write off 20,000 in debt you have to pay income tax on that.

If a corporation writes of BILLIONS in debt, they don’t pay taxes on that (as if it were income/profit).


63 posted on 06/08/2021 8:27:04 PM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity.)
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To: cherry

Since you started off by insulting me.
You have nothing useful or intelligent to say.
Don’t bother replying!


64 posted on 06/09/2021 6:23:20 AM PDT by Reily
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