Comments by "Michele Lyn" (@HRPFayetteville) on "Why Wealthy People Pay Less Taxes Legally" video.

  1. And this is exactly why the whole thing we learned about the economy and economics and the Invisible hand does not work when the government interferes in the market The market and the economy always suffer
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  2. And most companies play punny a punny Everywhere a company sits every parking lot you park in they are paying tax on tax on tax just because you get tax deductions it doesn't mean you didn't pay that money out I don't know why people don't comprehend this and their answers always like oh well you can deduct it yeah but you're just deducting the money you paid out from your tax liability that's not the same as getting the money back It doesn't work like that and I wish people would stop talking as if it does and the amazing thing they never mention when they talk all this tax is earned income credit maybe I don't know how much is going out and earn income credit that's fraudulent but I can tell you working in the service industry with a lot of single moms and baby daddy's and grandma's it's a lot of freaking money
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  3. Well doubling the standard deduction amount was a game changer for many good honest hard working head of household with dependent workers believe you that nobody can deny that but nobody talks about
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  4. Oh yeah that's another funny thing like when you sell real estate it all you still have to keep all your licenses plus a lot times you have fees to your agency or you have your own expenses if you're a you know independent real estate broker which many are not you work for remax yes no matter what you sell you can't deduct time that's the biggest problem with our tax code if you cannot benefit from deducting time at any dollar amount I mean our tax thing is so complicated I took class class federal business tax classes and you're literally like running around in circles plus in and minus in for no reason at all no reason and I'm not getting sit down and read and write down an example next to as you're reading the instructions on 1120 corporate tax return instruction It's basically like plus minus plus mine is mine is mine is mine is mineus minus plus plush plus minus there's no purpose for our tax code the way it is seriously
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  5. What government would even want to tax their own society that much percentage That's just crazy you must have gone welfare
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  6. The same way you convince them that there's a deadly virus a pandemic and force us all to get these stupid vaccines
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