Well, if the mega-yacht is actually a legitimate business expense, there’s no need to write it off. No different than other capital equipment; but just a bit spiffier.
If only all you poor people would hire accountants, tax lawyers, lobbyists, and contribute lots of money to politicians, you, too, could have write-offs!
Mordock999 Premium Member over 4 years ago
Lesson #1. The Rich can afford “Lobbyists.”
“We pay taxes so “They” don’t HAVE to."
wldhrsy2luv over 4 years ago
A mega yacht is a business expense, of course.
rshive over 4 years ago
Well, if the mega-yacht is actually a legitimate business expense, there’s no need to write it off. No different than other capital equipment; but just a bit spiffier.
Watcher over 4 years ago
She works for Moscow Mitch.
Lyons Group, Inc. over 4 years ago
Cutie Chick: “It’s like I don’t know her anymore.”
dcdete. over 4 years ago
Next question. Why is her name Miss Movey?
dv1093 over 4 years ago
???
colcam over 4 years ago
I suspect almost everyone commenting here has already made up their mind and will not be dissuaded.
Cerabooge over 4 years ago
M&H have been perusing the tax code. That’s not a comedy, it’s a horror story.
zeexenon over 4 years ago
Well it does depend on what percentage of it the CEO uses for business.
David Huie Green LosersBlameOthers&It'sYOURfault over 4 years ago
I always write off my mega-yachts…all zero of them.
vaughnrl2003 Premium Member over 4 years ago
Tax breaks the little guy. Tax breaks for the big guy. If you need a tax break you can’t afford one.
katzenbooks45 over 4 years ago
If only all you poor people would hire accountants, tax lawyers, lobbyists, and contribute lots of money to politicians, you, too, could have write-offs!
Night-Gaunt49[Bozo is Boffo] over 4 years ago
Ah the days before the AGW wiped it all out.