Robert ReichSomething has gone terribly wrong when Fox News can claim a tax write-off for its $787M defamation settlement, yet school teachers only get a measly $300 deduction for buying their own supplies.
Calamity Caitlin@rbreich OH COME ON
NewroRealistically, reducing a companies cash flow or profit, will always automatically reduce the amount of payable tax.
They will almost certainly take out a credit repayable over years, and these type or repayments will almost always be to some degree tax deductible. 🤷♂️
