If you start a business. Should you be able to deduct eligible expenses? I don’t know any sane person that would suggest not. If you make $100 and spent $100, then you have no profit. But you’re suggesting that this is a tax “dodge.” So that means that you’d tax the $100 of revenue even though there wasn’t any actual gain. If you applied that to all businesses, you’d destroy economic activity.
How much extra did you pay on your taxes this year above the required amount? I would bet you paid exactly what was owed. Under your logic, you are dodging taxes.
How much extra did you pay on your taxes this year above the required amount? I would bet you paid exactly what was owed. Under your logic, you are dodging taxes.