Kamala thinks that a $5,000 tax deduction, means that you have $5,000 to Spend on What the Deduction is for

Seymour Flops

Diamond Member
Nov 25, 2021
15,297
12,338
2,288
Texas


2:30

Harris: My opportunity economy plan includes giving start-ups a $50,000 tax deduction . . . to start their small business. It used to be $5,000 (meaning under the Harris-Biden administration) and nobody can start a small business for $5,000.

So, she thinks that if she provides a $50,000 deduction for small business owners, they'll have $50,000 to start a small business.

Will some Democrat on here post an explanation of why that is not the case, so I don't take you all for morons?
 


2:30

Harris: My opportunity economy plan includes giving start-ups a $50,000 tax deduction . . . to start their small business. It used to be $5,000 (meaning under the Harris-Biden administration) and nobody can start a small business for $5,000.

So, she thinks that if she provides a $50,000 deduction for small business owners, they'll have $50,000 to start a small business.

Will some Democrat on here post an explanation of why that is not the case, so I don't take you all for morons?


G-d help us all.

An interview on ABC will reach out to her base for sure.
 


2:30

Harris: My opportunity economy plan includes giving start-ups a $50,000 tax deduction . . . to start their small business. It used to be $5,000 (meaning under the Harris-Biden administration) and nobody can start a small business for $5,000.

So, she thinks that if she provides a $50,000 deduction for small business owners, they'll have $50,000 to start a small business.

Will some Democrat on here post an explanation of why that is not the case, so I don't take you all for morons?


You really are too stupid to be one person. If the maximum tax deduction is only $5000, that means you cannot claim more than $5000 for start up costs, regardless of how much money you spend on start up. Here are some examples of start up fees.

Simple, small business incorporation$1,094$1,000-$1,500
Simple Prospectus$10,250$7,500-$12000
Simple M&A transaction$11,767$13,000-$50,000
Simple commercial lending transaction$3,450$3,000-8,000

So even if you did a simple incorporation, and a simple merger and acquisition, with a simple loan to fund it, you could be looking at between $17,000 to $60,000, while only being able to write off $5000 of those expenses.

Now do you comprehend what she meant????
 
If Trump had made that same comment he'd know it could be done. But since she beat trumps like he was a bass drum, they are now looking for anything they can find.
 


2:30

Harris: My opportunity economy plan includes giving start-ups a $50,000 tax deduction . . . to start their small business. It used to be $5,000 (meaning under the Harris-Biden administration) and nobody can start a small business for $5,000.

So, she thinks that if she provides a $50,000 deduction for small business owners, they'll have $50,000 to start a small business.

Will some Democrat on here post an explanation of why that is not the case, so I don't take you all for morons?

Why does she turn into a bobble head every time she doesn’t make a point? Say something insanely stupid, then bobble your head like… I don’t know. WTF is that.
 


2:30

Harris: My opportunity economy plan includes giving start-ups a $50,000 tax deduction . . . to start their small business. It used to be $5,000 (meaning under the Harris-Biden administration) and nobody can start a small business for $5,000.

So, she thinks that if she provides a $50,000 deduction for small business owners, they'll have $50,000 to start a small business.

Will some Democrat on here post an explanation of why that is not the case, so I don't take you all for morons?

What a fucking moron. God help us
 
So, she thinks that if she provides a $50,000 deduction for small business owners, they'll have $50,000 to start a small business.

So wait----
  • Harris is 60 years old and claims her neighbor who used to raise her as a child is still alive and she is still in touch with her?
  • And talk about a tax deficit--- after years of saying we couldn't afford Trump's tax reductions, now Harris is going to wave $50,000 in taxes that the government used to collect from every business?
Oh when does the hypocrisy end? I couldn't even make it halfway through this drivel. How embarrassing for ABC. Harris looked nervous as hell and I kept waiting for the journalist to cut in asking Harris to answer the question and what about the question and for her to snap back: "I'm speaking!"
 
You really are too stupid to be one person. If the maximum tax deduction is only $5000, that means you cannot claim more than $5000 for start up costs, regardless of how much money you spend on start up. Here are some examples of start up fees.

Simple, small business incorporation$1,094$1,000-$1,500
Simple Prospectus$10,250$7,500-$12000
Simple M&A transaction$11,767$13,000-$50,000
Simple commercial lending transaction$3,450$3,000-8,000

So even if you did a simple incorporation, and a simple merger and acquisition, with a simple loan to fund it, you could be looking at between $17,000 to $60,000, while only being able to write off $5000 of those expenses.

Now do you comprehend what she meant????
Uh-huh....Now 'splain that to the Kumdumpster, because she obviously doesn't know that. :auiqs.jpg:
 
You really are too stupid to be one person. If the maximum tax deduction is only $5000, that means you cannot claim more than $5000 for start up costs, regardless of how much money you spend on start up. Here are some examples of start up fees.

Simple, small business incorporation$1,094$1,000-$1,500
Simple Prospectus$10,250$7,500-$12000
Simple M&A transaction$11,767$13,000-$50,000
Simple commercial lending transaction$3,450$3,000-8,000

So even if you did a simple incorporation, and a simple merger and acquisition, with a simple loan to fund it, you could be looking at between $17,000 to $60,000, while only being able to write off $5000 of those expenses.

Now do you comprehend what she meant????
Slow that camel down, these third worlders can start up a "business" on the street corner selling tacos for much, much less.
 
So wait----
  • Harris is 60 years old and claims her neighbor who used to raise her as a child is still alive and she is still in touch with her?
  • And talk about a tax deficit--- after years of saying we couldn't afford Trump's tax reductions, now Harris is going to wave $50,000 in taxes that the government used to collect from every business?
Oh when does the hypocrisy end? I couldn't even make it halfway through this drivel. How embarrassing for ABC. Harris looked nervous as hell and I kept waiting for the journalist to cut in asking Harris to answer the question and what about the question and for her to snap back: "I'm speaking!"

No stupid. The corporate tax rate is 22%. The tax saving on the $50,000 deduction is only $11,000, not $50,000. And if you factor in the $1100 tax saving on the $5000 deduction, this is only $9,900 more in tax savings than the $5000 deduction.

I thought you people were all for tax breaks for corporations.
 
And you think that’s a good leader quality?

Always amazing, Mike. the Left will tolerate /anything/ in basket-weaver Biden and his whore-slut-bitch Marxist Kammy, yet used to regale us with 500 psychologists who denounced Trump as a dangerously incompetent psychopath because he once used a hurricane map with a mark on it projecting where the hurricane /might/ go. :smoke:


https://cdn.vox-cdn.com/thumbor/D9r2X8iagrE0Q70AO9Q2BiEqvqA=/0x0:2678x1785/1200x800/filters:focal(807x730:1235x1158)/cdn.vox-cdn.com/uploads/chorus_image/image/65193692/1172289651.jpg.0.jpg


REMEMBER?
 


2:30

Harris: My opportunity economy plan includes giving start-ups a $50,000 tax deduction . . . to start their small business. It used to be $5,000 (meaning under the Harris-Biden administration) and nobody can start a small business for $5,000.

So, she thinks that if she provides a $50,000 deduction for small business owners, they'll have $50,000 to start a small business.

Will some Democrat on here post an explanation of why that is not the case, so I don't take you all for morons?

I got the same impression----she has a six year old's concept of just that a TAX DEDUCTION is----that's how I understood it when I was about six
years old
 

Forum List

Back
Top