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re: Millionaire releases tax return as illustration

Posted on 12/19/17 at 9:15 am to
Posted by crimson jake
Germany
Member since Oct 2012
1004 posts
Posted on 12/19/17 at 9:15 am to
quote:

Because people don't operate at 3-5% profit margins?


Really? What the frick are your margins? Because most of the people I talk to are breaking even or backsliding. It seems to me you are under the impression that your wage as a person is all profit. That's wrong.

If you're going to treat a person like a corporation then covering basic needs like housing, clothing, transportation, and maintenance a.k.a. health costs and sustenance etc. are't profit. If people were taxed like corporations most of the people I know in America would owe nothing or next to nothing at the end of the year.

I live in Germany and everyone I know has been on vacation within the last 2 years, a real vacation, not a weekend at the lake. Maybe 1 Person out of 20 that I know in America, and I'm talking friends, family, and aquaintances have taken a vacation in the last 5 years.
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