Asians Avoid Paying Taxes...That's Their Secret To Making Money

[BaldingSoHard]

This is basic info.

But with the added coli racial spin !

 

[Aphrodite]

Going to read later...

 

[FeloniousMonk]

Start a biz.

Incorperate.

Write off everything.

 

[FakeNews]

 

[qwer]

To be honest I would prefer nothing better, if you won't give reparations then at least we shouldn't be paying taxes considering our ancestors have out in that work for free. If we didn't have to pay taxes we would be killing it and there would already be more black billionaires. Overall more middle class blacks would exist and overall black people would be more successful.

Nah I disagree with this as reparations. That would mostly benefit rich black folks. An ADOS person making 12k a year and not have to pay taxes would basically be getting no reparations Becuase he doesn’t owe any taxes due to the standard deduction. A black person making 1 million dollars a year would be getting like 500k dollars a year in reparations. He doesn’t need reparations as much as the black person making 12k a year. It would unfairly benefit the people who don’t need it the most.

 

[analog]

So the key takeaway is minimizing tax obligations and not business/property ownership?

 

[SleezyBigSlim]

This is basic info. Everyone who runs a business does this.

This. I really hate when brehs think cuz they dont know something no other black people do either.

 

[Rev Leon Lonnie Love]

 

[Problematic Pat]

I was talking to this Vietnamese dude I work with.

We started talking about Asians and their businesses, nail salons and shyt.

Dude told me, Asians try to take a lot cash only to avoid paying taxes. If you take cash you can write down whatever you want and give it to the government. So that's why they do a lot of cash based businesses.

Sometimes they get caught though

And the one of the reasons why they put shyt in the hood, a lot of nikkas don't have debit cards, bank accounts anyway.

So I was like, tell me more

Then he told me they put shyt in their business name and write a lot of shyt off as business expense. House belongs to the business. Cars belong to the business. They will buy out entire rows of houses and have like 2 families in one house.

He also said a lot of White guys that wife up Asian chicks actually own the nail salons. Indian people don't go to banks but get their money from their temples and shyt.

If yall wanna make a lot of money don't pay taxes

Or start a charitable foundation. The foundation owns your business, car and house. You are employed by the foundation.
Charitable organizations don't pay taxes.

 

[Rusty$hackleford]

Damn this shyt is embarrassing

Hollywood accounting (also known as Hollywood bookkeeping) is the opaque or creative accounting methods used by the film, video, and television industry to budget and record profits for film projects. Expenditures can be inflated to reduce or eliminate the reported profit of the project, thereby reducing the amount which the corporation must pay in taxes and royalties or other profit-sharing agreements, as these are based on the net profit.

(Disclaimer- I have never watched or read any of this bullshyt)
"A Warner Bros. receipt was leaked online, showing that the hugely successful movie Harry Potter and the Order of the Phoenix ended up with a $167 million loss on paper after grossing nearly $1 billion.[27] This is especially egregious given that, without inflation adjustment, the Wizarding World film series is the third highest-grossing film series of all time both domestically and internationally, after Star Wars and the Marvel Cinematic Universe."

Hollywood accounting - Wikipedia

 

[GnauzBookOfRhymes]

Lot of them get paid in cash but still get welfare.