The real reason Mike Bloomberg wants to be the President

Discussion in 'Politics' started by zdreg, Feb 19, 2020.

  1. zdreg

    zdreg

  2. tommcginnis

    tommcginnis

    The author conflates "deferring taxation" with avoiding taxation.

    They're kinda different. :confused::rolleyes::p
     
    ironchef likes this.
  3. I doubt Bloomie's "reasons" to displace Trump are a great as his desire "to be King".
     
  4. speedo

    speedo

    :D:rolleyes::thumbsup:
     
    tommcginnis likes this.
  5. zdreg

    zdreg

    Tax avoidance and tax deferring are both legal.
     

  6. Avoidance is not paying

    deferring is paying but later

    ...still don't see the difference?

    upload_2020-2-19_15-16-24.png
     
  7. zdreg

    zdreg

     
  8. zdreg

    zdreg

    Some taxes can be deferred forever.
     
  9. Like IRAs and 401ks taxes are deferred but there is always a cut at the apple by the government every year from deferred taxes that are now due.