Started By
Message

re: Increasing corporate tax minimum for EARNED income

Posted on 8/7/22 at 4:20 pm to
Posted by BBONDS25
Member since Mar 2008
48894 posts
Posted on 8/7/22 at 4:20 pm to
quote:

AMT will not work with corporations because they generate their own profit/loss statements.


yikes dude. There is just a profound misunderstanding here of book income, corporate amt, and taxes in general. I don’t even know where to start. I’m not going to spend the massive amount of time it would take to educate you. I mean you called a deduction a way to “hide” income. That’s such a basic misunderstanding of taxation. It’s ok to admit you don’t know what you’re talking about.
This post was edited on 8/7/22 at 4:23 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
57455 posts
Posted on 8/7/22 at 4:25 pm to
It's really hard to understand how anyone would want to put long term capital in this country right now.

Watch what democrats start crying about next. Up next: an exit tax. They're going to need it.
Posted by Taxing Authority
Houston
Member since Feb 2010
57455 posts
Posted on 8/7/22 at 4:27 pm to
Posted by Trevaylin
south texas
Member since Feb 2019
6007 posts
Posted on 8/7/22 at 4:27 pm to




simple question, do corporations generate their own profit/loss statements??
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram