Comment on Why do big corporations get to claim losses, but small businesses can't?

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False@lemmy.world ⁨2⁩ ⁨months⁩ ago

The IRS wants to encourage productive economic activity. Letting businesses deduct expenses can mean that later they end up employing people who buy stuff and themselves pay taxes.

Also cottage industries that barely pay for themselves are very inefficient and governments usually want to discourage them so you’ll do something more economically productive with your time.

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