“See I lost $65 million on these stocks in 2019, and $35 million on this poor investment in a buddies business in 2020, so because of that, the $75 million I made this year doesn’t count”
I made a $50 million donation to charity! I deserve a tax credit for that. It was an art piece I got appraised for $50 million…and the charity is owned and operated by me…and I use the charity to spend on political campaigns.
The art piece was also a portrait of me that I had the charity commission, and it’s hanging in my hallway
in a buddy’s* business
They’re in the business of being buddies
“New hot new social media app, Buddies!”
Thank you for catching that for me!
I believe CCR said this rather eloquently:
Some folks are born silver spoon in hand
Lord, don’t they help themselves, Lord?
But when the taxman come to the door
Lord, the house lookin’ like a rummage sale, yeah
“What about all that money?” pointing at the huge pile of money
“Oh, those are debt leveraged assets. They don’t count.”
To add extra anger to your day: https://lemmy.ca/post/15230066
Yeah the rich know all the loopholes, they have people on staff just to look for them.
It’s weird but when I had almost no money, I never worried about money or about paying taxes. When my parents died and I came into my trust, now all i do is worry about money and have developed a jealousy over it I never thought would happen.
I was able to retire young because of it, I have this house I’ll never live long enough to see all the rooms in (I always joke with my friends) but - still, I worry about letting go of any of the money. Maybe because it’s something I never had to worry about before…?
I think it may just be that the psychological impact of having money and losing it is far worse than never having it in the first place.
That’s definitely part of it. It’s like, when I was just scraping by (I did work full time but was paying a lot in rent and food and taxes etc) the idea of being one paycheck away from the street really didn’t bother me. Now, I feel like I’ve become dependent on the assumption of having money and needing more, more more of it just to feel safe somehow.
I thought it said wax season 💀
