4 ms·

>the responses to this argument I have seen from non-tech people range from "fuck you" to "deal with it." Two factors also don't help matters either: * Most p

>the responses to this argument I have seen from non-tech people range from "fuck you" to "deal with it." Two factors also don't help matters either: * Most people, which perhaps surprisingly includes most commenters here, don't understand what taxes are levied against or what losses and amortization even are. You can't effectively argue against something you don't understand. * Of the people who do understand taxes and income/loss sheets, it's only the business owners and accountants who like putting as big a number as possible under losses to reduce net profit and thus taxes owed. The commons rightfully see it as tax avoidance, which unsurprisingly is met with "fuck you".

wernercd 3y ago
"tax avoidance" Otherwise known as what every sensible and smart person does because that's not the "governments money". AKA: "How dare people want to keep their own money and not freely give up larger and larger percentages to ever larger government programs that are inefficient cesspools of mismanagement and corruption". I'll match people saying "fuck you for wanting to keep your own money" with a fuck you for supporting the destruction of businesses on the notion that it's the governments money in the first place.
- BenFranklin100 3y ago
  I bet you if the commentator you’re responding to owns a home, they take the mortgage home tax deduction.
  - kolanos 3y ago
    Can't you only deduct the mortgage interest? Or are you referring to something else? The mortgage interest deduction turns out to not be very much in practice, in my experience, anyway.
    - ghaff 3y ago
      It used to be a bigger deal. Yes, housing prices (in some US geos) have gone up a lot but so have standard deductions and interest rates are still relatively low historically. Absent relatively large charitable donations, big mortgage interest payments, etc., itemizing doesn't make a lot of sense for many people.

wernercd 3y ago

"tax avoidance" Otherwise known as what every sensible and smart person does because that's not the "governments money". AKA: "How dare people want to keep their own money and not freely give up larger and larger percentages to ever larger government programs that are inefficient cesspools of mismanagement and corruption". I'll match people saying "fuck you for wanting to keep your own money" with a fuck you for supporting the destruction of businesses on the notion that it's the governments money in the first place.

BenFranklin100 3y ago
I bet you if the commentator you’re responding to owns a home, they take the mortgage home tax deduction.
- kolanos 3y ago
  Can't you only deduct the mortgage interest? Or are you referring to something else? The mortgage interest deduction turns out to not be very much in practice, in my experience, anyway.
  - ghaff 3y ago
    It used to be a bigger deal. Yes, housing prices (in some US geos) have gone up a lot but so have standard deductions and interest rates are still relatively low historically. Absent relatively large charitable donations, big mortgage interest payments, etc., itemizing doesn't make a lot of sense for many people.