unless you’re going to tax the price it was purchased at every year.

You mean like how land is taxed?

And allow another capitalist to buy it? Why not nationalize it instead?

Your “unpopular opinion” is the core belief of most people on this network

No, they haven’t. They won’t go against their donors.

Lol. Lmao.

“If we want to keep earning back the trust and support of voters, we have to listen to them,”

“This program modernizes the way we are talking to and hearing from the voters…"

The problem isn’t that democrats don’t have a modern way to listen and talk to voters. The problem is, democrats know exactly what the voters want, but refuse to give it to them because it’s inconvenient to their donors.

capitalist

socialist

You should learn what those words mean before talking to adults about them.

Yeah, and maybe people would vote for Democrats if they’d represent our interests. Instead, all we get is “we need something to campaign on next election” until people get fed up and elect Republicans who undo everything the Democrats did and the cycle starts over again.

The system never progresses, the people never learn, and corporate interests reign supreme another election cycle.

As long as we have two parties working together to further corporate interests, nothing will change, which is why we need 5-6 political parties, ranked choice voting, and a constitutional amendment to repeal Citizens United.

Yeah, dont you just hate it when those pesky workers expect a government that represents their interests? Can’t they just accept the two parties that are captured by the same corporate interests and be happy? The nerve of them…

Offer to do their taxes for them. Pocket the difference. Better it go to you than the IRS.

What if I told you it’s possible to tax assets you own, not just money you earn?

Wealthy people make money by simply collecting interest off of owned assets. You and I are the ones who must earn income by selling our labor. By taxing income and not assets, poor people are forced to subsidize the existence of the wealthy.

The fact that income is taxed while assets aren’t is the whole point of contention. Working people earn income. Wealthy people own assets. Therefore, working people pay more taxes than wealthy people and that’s not how a free and fair society is supposed to operate.

When Tesla does it, they’re called “carbon credits”

No.

Printers work using ancient black magic and are powered by the tortured souls of the lost and damned. To fix them is to understand them, and to understand them is to descend into madness, becoming one of the lost souls to fuel the eldritch horror that is the ink slinger.

Seriously though, if your printer isn’t a Brother laser printer, throw it in the trash and go buy a Brother laser printer, then write it off on your taxes. Mine has worked for years and hasn’t needed anything but a $50 toner cart every few thousand pages.

For most people though, it’s more economical to just print at the local FedEx or Office Depot

If you’ve already filed, you can still do an amended return

As far as I understand it, these can all be written off in America under the same pretense. The only difference is the paperwork is a lot more complicated. Most of what you’re describing is handled in the 1040 Schedule C

Maybe. On the other hand, if you choose to act on unreliable or incomplete information, that’s on you.

Part of being a responsible adult is understanding the law and how it applies to you in any situation in which you may find yourself, BEFORE you make up your mind what you’re going to do.

Total up all your major tech purchases for the year, divide that number in half to get your total “losses” for the year. Fill out your 1040 Schedule C, say you have an IT Consulting business, sole owner, sole proprietor, no LLC. Declare zero income, then declare your losses in the appropriate category (office expense, equipment, break room supplies, etc.). The more receipts you have, the better, in case you get audited. If you declare it, save the receipts just in case or just roll the dice and claim whatever you want, there’s barely any auditors left and they’re all busy looking at the people claiming dogs and dead people as dependents.

Once you finish filling out your Schedule C, you should see your federal obligation reduced.

You can claim yourself as a dependent which will result in less tax being taken from your paycheck

As far as I understand tax law (which isn’t very far), when filling out your Schedule C, you can write off 50% of the cost of the PC and lab equipment without raising too much suspicion. You can also claim them as assets and claim depreciation on them. You can also claim the portion of electricity and internet used, unless you’re a full-time W-2 employee working from home.

You can also film yourself doing these projects and upload it to YouTube, which means you have a video production business.

My understanding is this is how most upper-middle class people and minor millionaires legitimately reduce their tax obligations.

Assuming you’re actually doing work and not just using the business as a loss center, yes.

If you’re actually doing work, it’s well worth your time and money to form an LLC.

However, an LLC can’t deduct the same things as a sole-proprietorship. So, if you simply want a business on paper to serve as a loss center, that’s probably the better choice.

Again, this is just MY understanding of things. I’m in no way trying to give advice or tell you what YOU should be doing, only you can decide what’s best for you.