The only way student loans work in the United States is if they were designed to be a financial tool to prevent educated members of the working class to save up enough money to actually do anything with besides surviving the next few months.
Also, capital losses
Private jets = rich Student loan debt = low socioeconomic peasant (aka: Fuck you)
You can write off a private jet, which is terrible for carbon emissions, but you can’t write off an electric car?
Since when did you think we care about carbon emissions?
There is a tax rebate for electric cars.
Only up to $7,500, or none if your AGI is too high.
You can write off an electric car in the same way you can write off a jet. It’s a company expense and required to perform your role in that company.
See the following steps to write anything at all off, note poor people may not have the prerequisite assets to make buying more assets tax free.
Step 1, create marketing company Step 2, assign income to that company from your other companies (you do have other companies right?) Step 3, do fun shit with stuff you bought Step 4 have accountant write it all off as marketing delivery expenses and client schmoozing.
This is exactly right. This is why rich people don’t pay taxes, because everything can be written off in service of a company. But it can only be written off against the taxes collected on the gains of the company, so unless your company makes money, it doesn’t really make sense.
Ahh this was from one of the infamous YouTube Rewinds right?
Come on guys, it’s for business
Think of the jobs they’ll create if they don’t pay their share of taxes! /s
Well…they had to pay off the politicians that would write these nice little laws for them so it’s not all free, right!? /sarcasm
Inb4 all the “oh poor me, politics in my memes!” crowd
unfortunately almost everything is political.
And politics lately are a meme.
They always have been.
interest on student loan paynents, not even the full amount you pay.