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Do you think Biden will bring back business write offs like food, tickets, etc.?
Posted on 5/2/21 at 9:22 am
Posted on 5/2/21 at 9:22 am
That was the only thing I disagreed with trump on was his tax change that decreased what you could write off as business expenses. It is money that goes into the economy and out of the government’s pocket.
Posted on 5/2/21 at 9:25 am to thadcastle
quote:
. It is money that goes into the economy and out of the government’s pocket
The answer is found in your post.
Posted on 5/2/21 at 9:31 am to thadcastle
I may speak from ignorance, but I think I prefer a system with a low tax base instead of one with a higher base and specific write offs. Just needless micromanaging.
Posted on 5/2/21 at 9:34 am to Teddy Ruxpin
quote:
may speak from ignorance, but I think I prefer a system with a low tax base instead of one with a higher base and specific write offs. Just needless micromanaging.
Why not low tax base and more write offs?
Posted on 5/2/21 at 9:42 am to thadcastle
quote:
Why not low tax base and more write offs?
Because it gives politicians the ability to create favors that's why.
This post was edited on 5/2/21 at 9:43 am
Posted on 5/2/21 at 10:28 am to thadcastle
That is because you don't know shite about taxes!! This is the best business tax code this country has ever had. Give me a 20% business deduction off the top and you can have your meals and entertainment.
Posted on 5/2/21 at 11:44 am to drob
Dummy didnt know why his pay went up when this went into effect
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