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A comment on U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Years. Parent comment
large SUV? written off via accelerated depreciation.
hotel or travel or leisure? written off as a business expense.
W2 workers are taxed on wages (income), while capitalists are taxed on profits (so they are able to deduct a lot of stuff).
plus capital gain tax is 10%, while marginal income tax rate (fed+state) can be 50%+
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large SUV? written off via accelerated depreciation.
hotel or travel or leisure? written off as a business expense.
W2 workers are taxed on wages (income), while capitalists are taxed on profits (so they are able to deduct a lot of stuff).
plus capital gain tax is 10%, while marginal income tax rate (fed+state) can be 50%+