Jump to content

Recommended Posts

Posted
1 hour ago, nedboy7 said:

Tesla saved half a billion in taxes last year using accelerated depreciation. Tax breaks for executive stock options shaved a quarter billion off the company’s tax bill. Unspecified “U.S. tax credits” were good for $300 million of tax savings. Musk’s company also used net operating losses to offset current year income, although it’s hard to know how much of that affects U.S. income rather than the company’s far-larger foreign income.

Congress might give Tesla even more tax breaks. A bill passed by the House of Representatives in the previous Congress would have retroactively reinstated a provision allowing full expensing of research and development expenses which could save the company up to $2.4 billion in taxes.

 

Wealthy individuals use legal tax avoidance strategies to minimize or eliminate their tax liability, resulting in an effective tax rate far lower than their earnings would suggest

. While the top federal income tax bracket is high, most billionaires do not earn a traditional salary. Instead, their wealth comes from the appreciation of assets like stocks and real estate, and they can borrow against these assets to fund their lifestyle without generating a taxable income

There it is...

Posted
15 minutes ago, SectionC3 said:

Exactly, anus man! 

Nobody likes to be known as a stalker so let’s just say that you are following me very closely. It’s kind of like I’m an influencer and you are checking in all the time. Unless you actually prefer stalker. Let me know. 

Posted
20 minutes ago, JDHillFan said:

Nobody likes to be known as a stalker so let’s just say that you are following me very closely. It’s kind of like I’m an influencer and you are checking in all the time. Unless you actually prefer stalker. Let me know. 

Classic projection there, anus man. 

Posted
1 hour ago, Royale with Cheese said:

"Teacher, what's an example of TDS?"

TDS.jpg

 

 

And his same threads, even when the new post doesn't match the thread.

 

Deranged.

 

 

 

MEANWHILE in the SCHUMER SHUTDOWN THREAD.

 

 

 

 

×
×
  • Create New...