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0 pointslesuorac1y ago0 comments

But that's the thing, if I take my entire salary and lose it gambling I still owe the government taxes.

I the person am taxed on revenue.

If instead I have a corporation handle everything then I can come up with (relatively simple) systems so that I don't pay taxes and the corporation doesn't pay taxes either.

0 pointslesuorac1y ago0 comments

But that's the thing, if I take my entire salary and lose it gambling I still owe the government taxes.

I the person am taxed on revenue.

If instead I have a corporation handle everything then I can come up with (relatively simple) systems so that I don't pay taxes and the corporation doesn't pay taxes either.