Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

RPM

(5,652 posts)
4. well... they do, but:
Wed Apr 15, 2026, 09:21 PM
Wednesday

they, corporate "persons" get to deduct all expenses (including their excess losses - net operating losses or NOLs - over income against future income - likely what those companies are doing.

human persons (i.e., individuals) have a much more limited array of deductions - therefore never really hitting 0 income unless truly not earning much / anything.

Wild stuff. Happy 4/15!

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»The number of large corpo...»Reply #4