Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.
Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.
No, deductions for business expenses happen “above the line” so they reduce your taxable income. The standard deduction happens “below the line” and is applied to your taxable income after business expenses etc