If they were real expenses, you didn’t “make” that money. It was a cost of doing business. Depending on the industry there’s often a standard factor for how much you’d charge as a Funny The Rise Of Jordan Peterson Film Poster Shirt – if you quit a job earning $30/hr to go out on your own, you’d probably have to charge $80-100/hr. For it to work out to the same final salary. If they weren’t real expenses, you misapplied rules and got away with it. I know some people who own businesses who scoop up every taxi and restaurant receipt. When they go out with friends and call it a business expense. That’s not a loophole or lax rules, that’s just straight-up tax fraud. Those deductions (if you were doing it legally) were for expenses to run your company/business so it’s hardly income you ever had for yourself.
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So let’s not say you made more but paid less, the IRS realizes that money was never yours to ENJOY to begin with. I don’t see how this is a loophole and this isn’t what Trump did. He’s clearly using personal expenses claiming Funny The Rise Of Jordan Peterson Film Poster Shirt tax on his residence that his kids grew up in). And that ridiculous thing with his hair. How is that not a personal expense? Also, $70k for that abomination crouched on his gibbering head? To paraphrase, this is like calling stabbing someone in the neck a “loophole” around that person being alive. No man, there’s a crime for that, and it ain’t “loophole.
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