Chat

[07-30 23:05] [Chat] Am: so welfafe people and the lowest company units will pay tax at their rate.
[07-30 23:05] [Chat] Icewolfz: the new snap and medicaid rules are just as bad
[07-30 23:05] [Chat] Am: so if you have a company with 2 subsidiaries.. one making 2 million profit and one losing 200,000
[07-30 23:05] [Chat] Icewolfz: herad of multiple measle outbreas too in the last year because of not forcing vacs
[07-30 23:05] [Chat] Icewolfz: first time in over 10+ years and alreayd multuple record breakers
[07-30 23:05] [Chat] Am: you do not get to write off that 200,000 against the one making a profit
[07-30 23:06] [Chat] Icewolfz: look at movie comnats refusing to send out compleated movies and just writing it off as a loss to avoid taxes
[07-30 23:06] [Chat] Am: instead, the one losing 200,000 gets no tax write off against any other subsidiary or the corporate controlling company.
[07-30 23:06] [Chat] Icewolfz: batgirl was 99% done but they decied to shelf it for a tax break
[07-30 23:07] [Chat] Am: and if it loses money 3 years in a row, or 5 out of 6 or 9 out of 10 years, license revoked for tax fraud
[07-30 23:07] [Chat] Icewolfz: i think you should not beable to write off using other business each one should account foft its own
[07-30 23:07] [Chat] Icewolfz: probably wont ever happy to many lobbiest
[07-30 23:07] [Chat] Am: we have a small time guy here doing this on the somewhat micro scale
[07-30 23:08] [Chat] Am: he owns a duplix
[07-30 23:08] [Chat] Am: and 2 lots that sell cars
[07-30 23:08] [Chat] Icewolfz: poeple will aalways d oit
[07-30 23:08] [Chat] Am: all are under his small business
[07-30 23:08] [Chat] Icewolfz: yeah make 1 main business to control then sub buessines to shift money around
[07-30 23:08] [Chat] Am: one of the car lots has no cars for 2 years and he has that called carlot1 and pays his $500,000 draw from it.
[07-30 23:09] [Chat] Icewolfz: granted it be good like reasearch and dev that tends to alwyas be a loss but it can result in big gains in future
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ShadowMUD

02:22, Flameday, Altki 13, 223 AD.

[07-30 23:05]	[Chat]	Am: so welfafe people and the lowest company units will pay tax at their rate.
[07-30 23:05]	[Chat]	Icewolfz: the new snap and medicaid rules are just as bad
[07-30 23:05]	[Chat]	Am: so if you have a company with 2 subsidiaries.. one making 2 million profit and one losing 200,000
[07-30 23:05]	[Chat]	Icewolfz: herad of multiple measle outbreas too in the last year because of not forcing vacs
[07-30 23:05]	[Chat]	Icewolfz: first time in over 10+ years and alreayd multuple record breakers
[07-30 23:05]	[Chat]	Am: you do not get to write off that 200,000 against the one making a profit
[07-30 23:06]	[Chat]	Icewolfz: look at movie comnats refusing to send out compleated movies and just writing it off as a loss to avoid taxes
[07-30 23:06]	[Chat]	Am: instead, the one losing 200,000 gets no tax write off against any other subsidiary or the corporate controlling company.
[07-30 23:06]	[Chat]	Icewolfz: batgirl was 99% done but they decied to shelf it for a tax break
[07-30 23:07]	[Chat]	Am: and if it loses money 3 years in a row, or 5 out of 6 or 9 out of 10 years, license revoked for tax fraud
[07-30 23:07]	[Chat]	Icewolfz: i think you should not beable to write off using other business each one should account foft its own
[07-30 23:07]	[Chat]	Icewolfz: probably wont ever happy to many lobbiest
[07-30 23:07]	[Chat]	Am: we have a small time guy here doing this on the somewhat micro scale
[07-30 23:08]	[Chat]	Am: he owns a duplix
[07-30 23:08]	[Chat]	Am: and 2 lots that sell cars
[07-30 23:08]	[Chat]	Icewolfz: poeple will aalways d oit
[07-30 23:08]	[Chat]	Am: all are under his small business
[07-30 23:08]	[Chat]	Icewolfz: yeah make 1 main business to control then sub buessines to shift money around
[07-30 23:08]	[Chat]	Am: one of the car lots has no cars for 2 years and he has that called carlot1 and pays his $500,000 draw from it.
[07-30 23:09]	[Chat]	Icewolfz: granted it be good like reasearch and dev that tends to alwyas be a loss but it can result in big gains in future
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