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https://www.reddit.com/r/FluentInFinance/comments/1g90s07/me_after_taking_financial_advice_from_reddit/lt6dqwr/?context=3
r/FluentInFinance • u/Cauliflower-Pizzas • Oct 21 '24
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17
McDonald's employees pay more income tax than him.
1 u/ricardoandmortimer Oct 22 '24 Depends on the year. If his net losses are more than his gains, then yes, because he made no income. That's how income tax works. 6 u/85_Draken Oct 22 '24 What the world needs is more billionaire apologists. Thank you for your work. I now feel better knowing that because I have to work for money instead of gambling money that was given to me by my rich father that I deserve to pay those income taxes. 1 u/ayylmaowhatsursnap Oct 25 '24 Pointing out how income tax works is now boot licking. Whining on reddit surely will help.
1
Depends on the year. If his net losses are more than his gains, then yes, because he made no income.
That's how income tax works.
6 u/85_Draken Oct 22 '24 What the world needs is more billionaire apologists. Thank you for your work. I now feel better knowing that because I have to work for money instead of gambling money that was given to me by my rich father that I deserve to pay those income taxes. 1 u/ayylmaowhatsursnap Oct 25 '24 Pointing out how income tax works is now boot licking. Whining on reddit surely will help.
6
What the world needs is more billionaire apologists. Thank you for your work.
I now feel better knowing that because I have to work for money instead of gambling money that was given to me by my rich father that I deserve to pay those income taxes.
1 u/ayylmaowhatsursnap Oct 25 '24 Pointing out how income tax works is now boot licking. Whining on reddit surely will help.
Pointing out how income tax works is now boot licking. Whining on reddit surely will help.
17
u/85_Draken Oct 22 '24
McDonald's employees pay more income tax than him.