>>13855738It is though. I'm sorry you don't know how taxes work and believe retarded leftists who also don't know how taxes work
If I made $100M last year, and my tax rate was 21%, I'd pay $21M in taxes
If I "write off" $50M in losses, it doesn't mean the government now owes me $29M dollars (50-21)
It means I pay 21% of $50M (100-50 write off), so I pay $10.5M in taxes instead of $21
Please stop talking about things you have zero knowledge of.