FreedomAdvocate

So no one should ever pay any tax is what you’re saying?

You also still haven’t addressed my tax-on-revenue vs tax-on-profit example for businesses either. Could you please do that now, or there’s no point continuing this because you can’t understand why the difference exists.

Tax is automatically deducted from our salaries here too, but you still have to lodge a tax return every year. This is where you claim all your deductions from the previous 12 months.

Revenue is income. Income is not profit.

Definitions matter. Google the definitions of revenue and income in regards to businesses.

I should get to deduct utilities

Guess what? You can if the utilities are used for your work, such as working from home.

As for the rest……did you miss the example I just wrote out for you? The one about paying tax on revenue vs profit? Did you see it but you just didn’t understand it?

Now do the last 5 years.

We’re not bringing in builders via immigration.

Not really true for self hosting a media library though, as this all relies on indexers, torrent sites, Usenet providers, metadata providers, subtitle providers, etc. If you host it for others outside of your household, you also rely on your ISP, their ISP, etc.

Ironically, security.

Plex has been getting better and better actually, but if you don’t want to pay for it then your experience will have gotten worse.

You’re using Usenet for downloading Linux ISOs and you haven’t set up the *arrs? What on earth lol

Gemini is trained on reddit data, what do you expect?

Yes, really. How old are you btw? Do you have a full time job? Have you ever done a tax return?

Really?

Really.

Do you have any citation door this?

Sure do: https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/deductions-you-can-claim/work-related-deductions/tools-computers-and-items-you-use-for-work/bags-and-cases-for-work-items

To claim a deduction for a bag, case or satchel you must:

incur the cost and use the bag or case to carry items for work

need to carry the items for work and the bag or case must be suitable for that purpose

You might want to go see an accountant asap and get them to add some deductions for the last few years ;). You can do that btw - adjust previous years tax returns after they’ve been filed so you can get some money back.

How come normal humans can pay tax on revenue

Revenue != income, first and foremost. Revenue is total earnings from sales of services and products by a business. Income/profit is what a business is left with after expenses (and other things we don’t need to get into) are deducted.

Just think about this super simple example:

You start a business selling PCs that you build out of your home.

• In your first week you only buy inventory (case, cpu, mobo, ram, gpu, ssd, etc) to make the pcs when you get an order.
• You offer only a single sku for $2000
• You get 4 orders and take $8000 in revenue.
• You buy the parts to make these 4 PCs, parts list: $75 case, $250 cpu, $100 SSD, $200 RAM, $200 motherboard, $175 PSU, $750 GPU, $50 cables etc. Total per PC: $1800. 4 PCs = $7200. It costs $50 to ship each order, customers pay you for it = $200.

Total costs for first week: $7200 (PC parts) + $200 (shipping) = $7400

Total revenue for first week: $8000 (PCs) + $200 (Shipping) = $8200

Congratulations, you made $800 “profit” in your first week! Seems like a nice little business!

Now let’s work out your taxes using the current business tax laws. Let’s say the business tax rate is 25%.

Deduct your business costs from your revenue to get your profit, then pay tax on the profit: ($8200 - $7400) = $800.00 x 0.25 = $200.00 tax to pay.

Result: you made $600 profit in your pocket this week.

Now let’s work out your taxes using your proposed system of businesses paying tax on revenue.

Revenue of $8200 x 0.25 = $2,050.00 tax to pay.

Result: you owe the tax office $1250 after giving them your $800 that you made in “profit”. The business is unsustainable even though you have a healthy profit margin on all of your items.

Do you see why what you’re saying literally does not make sense?

can you point out the part of the article

Sure, right here:

That’s because, Rynne says, the lower demand for housing is overwhelmed by the drop in the number of workers available to build homes.

I honestly dont understand how anyone can deny that increasing demand without accordingly increasing supply, which we factually are not, hurts availability and affordability. Like, this is supply and demand 101. It’s one of the most basic concepts in business, and the entire world.

Keep throwing around insults because you can’t actually have a good discussion, it definitely makes you look smart.

That’s not how “preventable” works.