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Congress

lostnfound

(16,834 posts)

8. Good luck. If I hire a lawn contractor, not deductible. Business hires one? Deductible.

Reply to mjvpi (Original post)

Wed Sep 6, 2017, 07:10 AM

Sep 2017

Tons of expenses are deductible For business but not for individuals.

Broadly speaking, businesses pay on net income; indivuals pay on grosss income.

And there's no sales tax to pay when you buy stock, either.

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When the tax reform issue comes up, Dems should expand on the concept of corporations are people. [View all] mjvpi Sep 2017 OP

Democrats need to focus on getting their shit together leftofcool Sep 2017 #1

Yes, and they need to figure out how to do it Warpy Sep 2017 #2

Interesting perspective... cbreezen Sep 2017 #3

Very good!.... That msg. would certainly rattle the oligarchy... Lostnote Sep 2017 #4

And if they are separate people from their owners greymattermom Sep 2017 #5

Under current law, most corporations do owe separate taxes. Jim Lane Sep 2017 #9

We could reinstate the draft! KY_EnviroGuy Sep 2017 #6

How about offsetting Federal Funding for State/Local Corporate Tax Breaks modrepub Sep 2017 #7

Good luck. If I hire a lawn contractor, not deductible. Business hires one? Deductible. lostnfound Sep 2017 #8