Let’s say that I have this one movie that is finished that I spent 80 million to make. I decided to “write it off”. So when I get to pay my taxes, do I get a 80 million discount?
Let’s say that I have this one movie that is finished that I spent 80 million to make. I decided to “write it off”. So when I get to pay my taxes, do I get a 80 million discount?
Personally I think it’s all bullshit. We should be able to write off so much shit as regular people but can’t.
Sure, maybe I make $60,000 a year, but I also spend $5000 in gas to commute to work, $4000 a year in car payments for a vehicle that I primarily use to commute to work, $2000 a year in insurance for said vehicle, and maybe $1000 a year for repairs for said vehicle.
Who’s going to let me write off $12,000 a year for the privilege of getting to my job?