GRtak
Forum Addict
We are just a path to profits, we don't matter other wise.
GRtak;n3548315 said:We are just a path to profits, we don't matter other wise.
GRtak;n3548315 said:We are just a path to profits, we don't matter other wise.
prizrak;n3548327 said:The only motivation for a business is making profit, that's hardly news.
Interrobang;n3550658 said:I disagree. Many people wanna build something, please customers - maybe even change the world with their buisness. Making profit in the process is often just one motivation of a few and there are also people starting buisnesses that don't even wanna do that. They then call it a "non-profit" and it's still a buisness. To clarify; I'm not saying that's the norm or that most buisnesses don't wanna make profit - but your statement that profit is the only driving force behind creating and running a buisness - is plain wrong.
Only on Ferenginar is Profit the only driving force behind buisnesses.
wikipedia said:Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).[1][2][3][4] Simply put, it is "any activity or enterprise entered into for profit.
https://www.wired.com/story/how-silicon-valley-fuels-an-informal-caste-system/How Silicon Valley Fuels an Informal Caste System
The wealth team embarked on a contentious audit of Schaeffler in 2012, eventually determining that he owed about $1.2 billion in unpaid taxes and penalties. But after seven years of grinding bureaucratic combat, the IRS abandoned its campaign. The agency informed Schaeffler’s lawyers it was willing to accept just tens of millions, according to a person familiar with the audit.
Those entities exist for good reasons so I don't know how you'd "fix" this supposed problem. The lefties always make it sound like the rich have some sort of shady schemes when in fact they're just using the available tools. This is very similar to, say, a photographer who registers his car under his business and writes it off - just on a larger scale obviously. This seems like a central misunderstanding in these conversations because a lot of people have no idea how a business operates.Multimillionaires frequently don’t have easily visible income. They often have trusts, foundations, limited liability companies, complex partnerships and overseas operations, all woven together to lower their tax bills.
This stood out because there's a HUGE difference between income and assets. How the hell can they lump them together???Taxpayers with more than $10 million in income or assets received a dozen pages of initial requests, with the promise of many more to follow.
Doesn't even have to be that extreme, I can write off my computer equipment/internet payments as long as I work from home from time to time. If you are looking for jobs you can write that off as well. The only real difference between the so-called 1% and the rest of the people is that they have more ways to shuffle money around and get write offs.This is very similar to, say, a photographer who registers his car under his business and writes it off - just on a larger scale obviously. This seems like a central misunderstanding in these conversations because a lot of people have no idea how a business operates.