InsanePeopleFacebook

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Screenshots of people being insane on Facebook. Please censor names/pics of end users in screenshots. Please follow the rules of lemmy.world

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Sovcit is thinking out loud. (lemmy.world)

submitted 6 days ago by BonesOfTheMoon@lemmy.world to c/insanepeoplefacebook@lemmy.world

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[–] inv3r5ion@lemmy.dbzer0.com 146 points 6 days ago (2 children)

If you’re rich, this is good and noble accounting. If you’re poor, this is tax evasion.

[–] protist@mander.xyz 48 points 6 days ago (1 children)

You have to have enough income and deductible expenditures to where your itemized deductions would be greater than the standard deduction of $24K, which will not be the case for the overwhelming majority of people

[–] inv3r5ion@lemmy.dbzer0.com 16 points 6 days ago

Even so. Doing well for themselves middle class American: tax evasion. The rich: well they’re just really smart business people and we should worship them!

[–] finitebanjo@lemmy.world 4 points 5 days ago (1 children)

Since the business finances are separate from the individuals/family they would have to pay the business with their personal funds, basically just paying taxes on all of their income twice.

[–] inv3r5ion@lemmy.dbzer0.com 1 points 4 days ago

The rich definitely do not do that