as an employee , your equation is : income minus taxes = expenses

as a business owner , your equation is : income minus expenses = taxes

so , in a business , if your expenses are large , you hardly pay any taxes

it is the biggest legal loophole provided

in a recent article , it was reported by the paper new york times that the billionaire current president of usa , donald trump , in the year 2016 and 2017 , paid a federal tax of us dollars 750 only per year

if true , this is how the rich exploit the legal loophole to avoid taxes

look at the irony of his tag line – make america great again and he does that by avoiding taxes …

FavoriteLoadingAdd to favorites