T&C Posted 16 hours ago Posted 16 hours ago 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...
SectionC3 Posted 15 hours ago Posted 15 hours ago 2 hours ago, JDHillFan said: Like this? Exactly, anus man!
JDHillFan Posted 15 hours ago Posted 15 hours ago 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.
SectionC3 Posted 15 hours ago Posted 15 hours ago 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.
Joe Ferguson forever Posted 15 hours ago Posted 15 hours ago This is why we have MAGA https://www.cnbc.com/2025/10/03/the-wealth-of-the-top-1percent-reaches-a-record-52-trillion.html
B-Man Posted 11 hours ago Author Posted 11 hours ago 1 hour ago, Royale with Cheese said: "Teacher, what's an example of TDS?" And his same threads, even when the new post doesn't match the thread. Deranged. MEANWHILE in the SCHUMER SHUTDOWN THREAD.
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