☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 13 days agoCapitalism: expectation vs realitylemmy.mlimagemessage-square13fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageCapitalism: expectation vs realitylemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 13 days agomessage-square13fedilink
minus-squareSoyViking [he/him]@hexbear.netlinkfedilinkEnglisharrow-up0·13 days 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-up0·12 days 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.