That is because the jets and yachts are company provided and the company writes it off as an operational expense. You know, as schools should be doing with school supplies teachers need to do their job.
Companies also don’t require their employees to bring their own desk and chair… I know… do t give them any ideas… and probably some scumbag employers did this anyway.
This is separate from the fact if companies should be allowed to expense luxury items… Like yachts and jets…
That is because the jets and yachts are company provided and the company writes it off as an operational expense. You know, as schools should be doing with school supplies teachers need to do their job.
Companies also don’t require their employees to bring their own desk and chair… I know… do t give them any ideas… and probably some scumbag employers did this anyway.
This is separate from the fact if companies should be allowed to expense luxury items… Like yachts and jets…
So many people think “tax deductible” literally means you subtract it from your taxes.
It’s still a hefty discount