> Sharon Zhang is a news writer at Truthout covering politics, climate and labor.
In other words, no experience with how corporate taxes work.
In other words, no experience with how corporate taxes work.
The value of an speculative item is not linked to it's yield.
The tax system works on accounting reality, not the opinions of stock traders.
I the person am taxed on revenue.
If instead I have a corporation handle everything then I can come up with (relatively simple) systems so that I don't pay taxes and the corporation doesn't pay taxes either.
>How much in taxes should you pay on a loss?
This concept doesn't apply to personal income taxes and gambling losses.
That is true, but not just.
If a company invest $3B to become profitable, it seem entirely logical that they can use those expenses to offset any future profit.
If you don't don't do that, companies that require large investments to become profitable simply won't exist.