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Meta spent $4.3 billion on its VR division in three months, and made checks figures $440 million in return (www.pcgamer.com)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 7 months ago* (last edited 7 months ago) (1 children)

And you still have the value, nobody takes it away from you and you propably can sell it without loss which makes it still a good deal.

[–] [email protected] 8 points 7 months ago

Of course it's better than not having the write-off. But it's not like it's free.

Business expenses aren't profit so they aren't taxed because it's money you didn't actually make.

Since most businesses operate on a small margin, removing tax deductions would make tax burdens higher than profits.

And it's not like that camera lens isn't being taxed. I'm buying it from a company that pays taxes on its profits and payroll and whose employees pay taxes, and on top of that I'm paying sales tax (to a different entity of course).