Too bad that doesn’t apply to citizens of the USA – it works in reverse! In Illinois, as the budget deficit (no profits) grew the taxes increased. Keep that in mind as congress debates the $4.5 trillion spending spree. Don’t think you won’t be affected!
SHAKEDOWNVILLE about 3 years ago
The “levy” has burst.
C about 3 years ago
Spin doctor
Superfrog about 3 years ago
Same applies to your bonuses.
[Traveler] Premium Member about 3 years ago
Sorta like some of the leftist media are telling us that this inflation is good, as are higher gas prices.
mfrasca about 3 years ago
Business plan: understate profits to avoid taxes and then overstate profits to obtain bank loans. Where have we heard of this strategy before?
Jim2g about 3 years ago
Build back better sucks
davanden about 3 years ago
Maybe we’ve just made it appear to look this way.
PoodleGroomer about 3 years ago
Crash the company. Crash the stock and transfer it to a Roth IRA. Restart the company.
cuzinron47 about 3 years ago
See there’s a problem, you’re actually paying taxes. Fire the accountants.
WCraft Premium Member about 3 years ago
Too bad that doesn’t apply to citizens of the USA – it works in reverse! In Illinois, as the budget deficit (no profits) grew the taxes increased. Keep that in mind as congress debates the $4.5 trillion spending spree. Don’t think you won’t be affected!
lawguy05 about 3 years ago
Instead of just the phantom, unquantifiable, capital gains tax, the next thing you know Biden and Demoncrats will come up with a way to tax LOSSES.
mwksix about 3 years ago
When accountants dream…