So, the ultra-rich can organize a “business” entity — entirely owned by them — buy a yacht (and/or private jet), pretend to “lease” or “charter” it to themselves whenever they travel, and then even stiff their own company for the costs, then claim the losses as tax deductions, so the government (that they want “out of their lives”) pays them to run this scam.
https://www.propublica.org/article/harlan-crow-slashed-tax-bill-clarence-thomas-superyacht
David Waldman /
npub1rn…xfxfs
2023-07-17 17:38:14
Author Public Key
npub1rnqhp6sqccmrdvxw3zh0yxn5g47hct85lp0lxhk4324ln943apmssxfxfsPublished at
2023-07-17 17:38:14Event JSON
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"content": "So, the ultra-rich can organize a “business” entity — entirely owned by them — buy a yacht (and/or private jet), pretend to “lease” or “charter” it to themselves whenever they travel, and then even stiff their own company for the costs, then claim the losses as tax deductions, so the government (that they want “out of their lives”) pays them to run this scam. \nhttps://www.propublica.org/article/harlan-crow-slashed-tax-bill-clarence-thomas-superyacht",
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