Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
Do you get to expense the cost of wages?
No, since I almost always work as an independent contractor, for me salary is identical to business income.
Which is not at all profit.
I have to deal with everything, like health care.
So it is wrong to charge taxes on income when it should only be on profit.
Except for personal exemptions, all individuals normally are taxed on gross income instead of net profit.
Everyone including individuals and businesses, should be taxed in the same way, only on net profits.
the money left over after paying bills and necessities is called savings,,, and if you still have money left over from previous paychecks thats also a profit and subject to your taxWhat do you mean by "savings"?
If you mean previous profit you already have in the bank from previous years, then of course no.
If you mean profit you made this year that was beyond what you had to pay in costs, then of course yes.
All of them because the whole point of Fannie Mae and Freddie Mac were to buy these holdings, and they were required to buy them by law.
But none of these subprime mortgages were written by Fannie Mae or Freddie Mac.
The mortgages they wrote had the lowest default rates of anyone.
I wouldnt use funny,, more like evil,,,No, since I almost always work as an independent contractor, for me salary is identical to business income.
What percentage of your living expenses do you get to write-off?
So it is wrong to charge taxes on income when it should only be on profit.
Most employees don't earn a profit, they earn a wage.
Except for personal exemptions, all individuals normally are taxed on gross income instead of net profit.
Damn, you're funny.
No, since I almost always work as an independent contractor, for me salary is identical to business income.
What percentage of your living expenses do you get to write-off?
So it is wrong to charge taxes on income when it should only be on profit.
Most employees don't earn a profit, they earn a wage.
Except for personal exemptions, all individuals normally are taxed on gross income instead of net profit.
Damn, you're funny.
the money left over after paying bills and necessities is called savings,,, and if you still have money left over from previous paychecks thats also a profit and subject to your tax
and your idea also requires a person to list all personal spending which is evil and fascist,,,
I wouldnt use funny,, more like evil,,,
could be doesnt mean it is,, and spending all you paycheck doesnt allow for savings,,No, money left over after paying bills and necessities could be spend on entertainment, so then would not be savings.
And no, my idea does not require itemizing all personal spending, just spending on bills and necessities.
Plus I also said that a single std exemption would be fine, but just that it is too small now.
what do you mean by realistic??How is giving individuals realistic exemptions, evil?
I get to write off zero living expenses except the std exemption.
so you want to tax savings????
I wouldnt use funny,, more like evil,,,
what do you mean by realistic??
easier to just have a small flat rate and be done with the whole tax code,,
I asked you to explain it, not refer me to some piece of communist propaganda.
So you lied when you said salary is identical to business income.
NO YOU ARE NOT TAXED ON SAVINGS YOU STUPID FUCK,,What are you talking about?
Savings are currently taxed when you get them as income.
You are also currently taxed on your overhead, like rent, food, transportation, etc., that is in excess of $12.4k.
The point is to make overhead exemption more realistic.
Wrong.
Except for personal exemption, salary is identical to business income.
It is gross, not net.
I asked you to explain it, not refer me to some piece of communist propaganda.
Now can you explain why it's totally full of shit?
