Song Image

the ramblings of a madman

ProfileFedUpWithTech

folk indie mellow dramatic

April 19, 2024 at 2:25 AM

v3

oh this this is the best way to get a tax write off can turn anything into a tax write off does labs exist solely as a tax rate that is not how that works a tax rate off doesn't mean you didn't spend the money if I get someone give me money I give me a money I'm going to give you guys a little lesson this is a crisp fake Benjamin if I have paid all my other business expenses and I make this money I take it home or well at least after the uh tax man takes his pretty close to 50% cut okay I made 50 bucks that's great hold on a second I have a business expense this time I need to buy a filming slate I'm going to spend that money that $50 is gone but I've got this slate and I've still got 50 bucks that's my Prof oh wait I still pay taxes on the part that was profit the only money that didn't get taxed was the money that I spent on an asset that the business a separate legal entity now owns it's not a way of making more money and now I need another slate dang it that's okay I'll just visualize a new one virtual slate ah much better now it's time to visualize a segue to our sponsor that's okay I'll just visualize a new one virtual slate ah much better now it's time to visualize a segue to our sponsor

0:00

0:00