That's the way the Ultra Rich & government think about taxes. 🤑
Corporation: We made $5 billion but spent $4.9 billion to keep going, so our net taxable income is $100 million.
Gov’t: That’s right.
Worker: I made $50,000 but spent $45,000 to keep going, so my net taxable income is $5,000.
Gov’t: That’s wrong.