logoalt Hacker News

omgwtfbyobbq • today at 10:02 PM • 0 replies • view on HN

I think we should start with changing taxes on corporations/companies, specifically being able to indefinitely write off expenses against income regardless of size/etc...

Most companies take profit eventually, but if it's possible for a company to decide to never take profit and grow/acquire perpetually without paying any taxes on gross income, that's a problem.

That'd be like individuals being able to deduct living expenses and having uncapped pre-tax 401k contributions.