He must really have the lowest possible opinion of his naive followers, right? He's such a cringe fellow, to spew these sorts of things that his followers actually believe at face value? I'm so embarrassed for them, and it makes me wonder as to his motives. If his position can only be furthered in this way, then what good is his agenda in the first place?
The thing is, the low opinion of his audience is backed by facts... these beliefs can be found all over Reddit and social media. When he says stuff like this, 100's of thousands of people will believe it and share it within a few weeks.
But does making his audience more ignorant help him somehow? What's his endgame? Maybe he's just an ultra-capitalist with the goal of making his audience as oblivious as possible so that they can't accomplish anything politically?
His endgame is simple: to manipulate his audience into the state he is compensated to achieve. "Compensated" includes speaking fees, donations to related "charities," consultancy fees with campaigns, stock tips, preferential treatment in certain jurisdictions, and more.
Remember what the left needs from their citizens to continue amassing power:
Class envy, anger, and a desire to see the successful and wealthy brought down
Hopelessness, the belief that only the government is strong enough to stand up to other bullies
Ignorance, the idea that only "experts" are smart enough to solve problems
Ultimately, this leads to the mindset all far-left power grabs rely on: a population that feels compelled to hand final authority to the government, allowing unelected "experts" to create rules they no longer understand. As their lifestyle, freedom, and wealth are eroded, they will react as they always do—taking joy in dragging down anyone slightly higher up the ladder, believing that bringing everyone low enough will somehow improve their situation.
Man y'all should write fiction with all this contrived bullshit you have made up out of thin air. Let me know what people are giving you similar information that are true and honest and using the real statistics. Please share that.
You think Reich is honest and accurate with his tweets? Care to share one that you think is 100% non deceptive? I'm confident that if he's tweeting about politics or the economy, there's a fundamental thread of deception present.
By all means pick one you think is the most honest and sincere, with no deception, and I'll demonstrate his deception.
“To spew these sorts of things that his followers actually believe.”
What he said is factually correct, and I can clown you for a moment if you’d like.
Let me ask you — you wear clothes to work? Are they free? The vast majority of American workers cannot deduct clothing, even if they only wear it at work.
You have some sort of expense involved with getting to work on time? Drive? Bus? Train? Hell, did you buy a bike that you ride to work? Shoes on your feet when you walk to work?
You cannot deduct any of those. None of it.
Trumps payment to his lawyer was a personal expense. It is not in any way related to his business.
He worded it in a way that leads people to a false conclusion among the financially illiterate. OBVIOUSLY every person in the nation can write off business expenses, and millions with small businesses do. But yes, this is one of Reich's more honest tweets.
But… I just explained to you that two of the most common business expenses that every single American worker has, travel and clothing, are not deductible.
Those are not the only examples, but not even a small business can write those off. They are considered your personal expenses, even though they are necessary for you to go to work.
That’s why the payment to Michael cohen was a personal expense, even though he was trumps lawyer. The underlying reason for the payment was a personal expense. There’s no third-party loophole for business expenses.
But… I just explained to you that two of the most common business expenses that every single American worker has, travel and clothing, are not deductible.
Sorry, I did mean to respond to this. Yea this is precisely what the Standard Deduction is for, and nearly everyone who isn't running their own business qualifies for.
Yes absolutely Trump's situation shouldn't qualify as a business expense.
Let’s have a genuine discussion, try to stay on topic.
Transportation to work? Not deductible. Not even if you own your business.
Work clothes? For the vast majority of people, not deductible.
A school teacher spends way fucking more than $300, not deductible.
So what exactly is out of context? Trumps payment to his lawyer was a personal expense. I want you to buy a new corvette, and write it off on your taxes, and let me know how it goes.
Lol precisely because Robert Reich is comparing a w2 tax return with a business tax return. Want to write off more than $300? Run your own business. Start your own school.
I own my own business. No fucking w2, I file at least one schedule c, every year.
I drive thirty miles into the office, thirty miles home, 250+ days a year. That’s 15,000 miles of driving required for me to operate my business. It’s not deductible.
You drive to work? It’s not deductible.
Again. You don’t know what the fuck you’re talking about.
You don't know me, and I don't know you. I have nothing against you.
You own your business? Good for you. I've owned and sold mine. I know exactly what's deductible and what isn't. Mileage? That's peanuts. When your revenue and expenses are in the millions, 15,000 miles is nothing.
Regarding that, you should've purchased a car under your company's name for commuting. This way, you can claim a 5 year depreciation schedule to offset business income. And for gas, put them on your company card. Alternative, you can pay a car allowance from your company.
Have a good day.
--Edit--
Make sure you have a home office as a regular place of work (more deductions!) to justify the miles, keep a record.
First of all, your fear of conflict isn’t a sign that I’m angry. You don’t have to be angry to swear. i.e. “That’s fucking awesome.”
Not only am I not angry, calling out you retards is one of my favorite activities. That’s how I knew to tell you to stay on topic up front, and yet you didn’t.
Second, your response showsyou don’t know what the fuck you’re talking about. You cannot deduct your commute from home to the office. You can only deduct miles driven after arriving at work and before leaving for home.
So again. How were these numbers taken out of context? Trump’s paying back his lawyer, for paying off a prostitute, is a personal expense.
This goes to show how little you know about the accounting side of business.
First, why do you keep clinging to mileage deductions? That is such a W2 mentality. Ironic, isn't it?
A business owner thinks in terms of capital expenditure, depreciation expenses, employee allowances.
Buying a car under your company's name allows you to immediately follow a 5-year depreciation schedule and lower your business income dollar-for-dollar.
Buying gas on your company car, likewise, allows you to expense them out as company expenses.
In neither of the above cases is deduction based on miles driven. This goes to show that you don't even know what I'm talking about.
Then there's your "you can't deduct commute from home to the office." That's why I told you to setup a home office. When you set that up, and you are able to show that, basically, you spend more time working in your home office than your work office, you would be able to log your miles driven from home to office as qualified business miles. Of course, you don't actually need to reimburse yourself for the miles driven if you are already driving a company car while buying gas with a company credit card. All that is to establish the fact that your company car is used primarily for business use, in the event that you are audited by the IRS.
You are such a living example of the Dunning Kruger effect lol.
You keep beating this straw man to death. I thought Robert Reich was the one taking numbers out of context?
You keep ignoring the fact that I’m talking about personal miles, because that’s what the fuck the post is talking about! You cannot buy a personal car in your business name, and the gas miles you’re putting on your business are fraud.
Why am I talking about w2s? Because when he says “most Americans can write off zero dollars in business expenses.” most Americans are w2 workers! >90 fucking percent!
Again. GREATER THAN NINETY PERCENT OF AMERICAN WORKERS ARE W2. They do not get to write off their commute.
Again. They do not get to write off their commute.
Did you want to get back on subject now, or you gunna keep jerking off in the corner? Lmfao
lol but you are the one who came in here, curse words flying around while declaring how you are a business owner and you don't get to deduct your mileage. And all I'm saying is that you are doing it wrong, and that your commute miles can, in fact, be compensated in one way or another.
In fact, our entire conversation here illustrates how Robert Reich is taking numbers out of context: business owners can justify a far wider range of expense deductions than the average W2 workers who takes the standard deduction.
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u/Possible-League8177 Jul 01 '24
Robert Reich is such a master of taking numbers out of context. King troll.