Saturday, August 24, 2019

A Taxing Question



August 19, 2019

If a someone comes up with a great business idea, one that will bring in lots of tax dollars, if only the taxpayers will help fund it to the tune of several million dollars,

And the undertaking goes bust,


Who gets the tax write-off? The genius who put in a little of his or her own money,

Or the taxpayers, who really funded it?




(Later: I wrote to the business columnist. He said that the business owner gets the write-off. So now we know.)

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