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.
Some days I feel like geology is more a personality trait than a job.
They say pride cometh before the fall. That is so true! Pride month is in June, and the fall comes like three months later. #pride
I just walked past this property and it feels very “America” these days. Be prepared to see a LOT more of this over the next couple of years.
