☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 2 months agoCapitalism: expectation vs realitylemmy.mlimagemessage-square13fedilinkarrow-up1335
arrow-up1335imageCapitalism: expectation vs realitylemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 2 months agomessage-square13fedilink
minus-squareSoyViking [he/him]@hexbear.netlinkfedilinkEnglisharrow-up26·2 months ago We have sold the same glass of lemonade back and forth between eachother 8 million times so somehow we both have negative tax rates now!
minus-squareGrumpy@sh.itjust.workslinkfedilinkarrow-up1·2 months agoThis comment seems to have a negative understanding of how accounting and taxes work. You’d lose money if you do this. And your tax rate is unaffected since revenue and cost go up identically.
We have sold the same glass of lemonade back and forth between eachother 8 million times so somehow we both have negative tax rates now!
This comment seems to have a negative understanding of how accounting and taxes work.
You’d lose money if you do this. And your tax rate is unaffected since revenue and cost go up identically.