Let me see if I understand this. The Federal Government makes the rules for the IRS. Corporations get tax breaks according to the rules. Those same businesses invest money that they get to write off. So by using the rules the government made causes them to be known as getting away with murder when all they did was totally legal?
I own a consulting business. I drive a lot since I testify in different states. During a normal year, I will drive about 80,000 miles. The government allows me about sixty cents per mile so by the government rules, I can deduct about $48,000 a yr off for the miles I drive. A person that is not in business does not get that deduction and I do. Does that mean I should be ridiculed for using the deductions set by the IRS? I got a tax break a few years ago for hiring a secretary. The break caused me to get more back than her salary was. It was the IRS rule. SO am I getting away with murder as well?
I own a consulting business. I drive a lot since I testify in different states. During a normal year, I will drive about 80,000 miles. The government allows me about sixty cents per mile so by the government rules, I can deduct about $48,000 a yr off for the miles I drive. A person that is not in business does not get that deduction and I do. Does that mean I should be ridiculed for using the deductions set by the IRS? I got a tax break a few years ago for hiring a secretary. The break caused me to get more back than her salary was. It was the IRS rule. SO am I getting away with murder as well?