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by Shaanie 887 days ago
Not how deductions work. Say 20% corporate tax, a 100% deduction (which is the normal business expense) means you don't pay any tax. A 135% deduction means you'd get to expense 35% more, avoiding those 20% for a "total saving" of 7% compared to a normal expense.
1 comments

Shoot. I thought I was going to be able to absorb all of the Switzerland's wealth for a moment there.