Did I say mandatory? I meant optional! You’re “free” to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!
Did I say mandatory? I meant optional! You’re “free” to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!
That’s only for you humans. We corporations only pay if we net a profit. Also, if we loose money, we can carry it over to next year as a tax exemption. Good luck, ugly bags of mostly water.
Eh so… If you lose money you also can carry the tax rebate over to the next year in the US…
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Yes, humans as well.
https://www.investopedia.com/articles/personal-finance/100515/heres-how-deduct-your-stock-losses-your-tax-bill.asp
Same as companies, just a different maximum amount per year and what’s left can be applied to the next year and the next and the next…
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Don’t hurt your back moving that goalpost
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Oh funny, you deleted your comment instead of admitting you were moving the goalpost!
If you make a 30k loss you can get a 3k deduction every year for 10 years.
Corporations have limits to their annual deduction amount as well, it’s higher than individuals because duh (if you make enough a year that you compare yourself to corporations and feel that you should be entitled to over 250k in tax deductions a year then I don’t know how you don’t know how that works).
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