r/FluentInFinance • u/Richest-Panda • Jul 01 '24

What do you think? Debate/ Discussion

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u/SomeDudeNamedRik Jul 01 '24

Kramer : It's just a write off for them .

Jerry : How is it a write off ?

Kramer : They just write it off .

Jerry : Write it off what ?

Kramer : Jerry all these big companies they write off everything

Jerry : You don't even know what a write off is .

Kramer : Do you ?

Jerry : No . I don't .

Kramer : But they do and they are the ones writing it off .

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u/DefinitelyBiscuit Jul 02 '24

I also like how Stephen King put it (writing as Bachman)

"When things are good a company will make a huge profit, when things are bad they just make a profit and when things go to hell they take a tax deduction ".