this post was submitted on 20 Oct 2024
111 points (97.4% liked)

Explain Like I'm Five

14148 readers
136 users here now

Simplifying Complexity, One Answer at a Time!

Rules

  1. Be respectful and inclusive.
  2. No harassment, hate speech, or trolling.
  3. Engage in constructive discussions.
  4. Share relevant content.
  5. Follow guidelines and moderators' instructions.
  6. Use appropriate language and tone.
  7. Report violations.
  8. Foster a continuous learning environment.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 6 points 2 days ago

I believe they also write off as much as they can as income losses to reduce their tax bill. Minimal or no income? No taxes.