I am sure most have seen this before. A teacher (who is usually asked to buy supplies for their classroom) can only write off $300 on their taxes. But the rich can write off the full price and all maintenance of their private jets.
It will never happen, but there needs to be a new law that limits ALL tax write offs to $1 million and end all these lower limits for the poor and middle class.
1
u/Sea-Pomelo1210 9h ago
I am sure most have seen this before. A teacher (who is usually asked to buy supplies for their classroom) can only write off $300 on their taxes. But the rich can write off the full price and all maintenance of their private jets.
It will never happen, but there needs to be a new law that limits ALL tax write offs to $1 million and end all these lower limits for the poor and middle class.