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Sky is really High
More Perfect Union
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Comments by "Sky is really High" (@skyisreallyhigh3333) on "The Harvard Scam: How Elite Schools Steal From You" video.
That's not how that works at all. They dont tax profits, they tax revenue. They tax donations. Do non-profits need to be fixed? Yes. Does fixing them include removing 30% of their funding to give to the government who will just turn around and give that money to corporations? No
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@investmentanalyst779 When people claim someone else is misinformed without pointing out how that person is misinformed, it's very safe to assume the person calling another misinformed had literally no idea what they are talking about and are just trying to feel superior. So go ahead, explain how I'm misinformed here.
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@alexaber9786 Let me see if I'm understand this. There was $500k a year in revenue. So that means if you don't claim a single thing, they will tax you on that $500k? If the answer is yes, then I'm not factually incorrect at all. If you have to add all the deductions to not be taxed on all $500k, then you are being taxed for revenue with expenses being write-offs. It just means you're super nitpicky
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@investmentanalyst779 I'm sorry, but you do not manage a $15B portfolio. It's weird to lie about that online. But yes, you do get taxed on revenue if you miss claiming some of your expenses.
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@investmentanalyst779 Making a second comment after lying on the internet about managing a $15B dollar portfolio is funny as fuck. Forget to claim one of your expenses, and you are now paying taxes on revenue. Stop lying on the internet about what you do for work. It's not something you can ever prove on YouTube, so lying about it just looks dumb.
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