Something, so you want more?

But interest on a mortgage is tax deductible.

It doesn't matter what it is.

And we're a non profit foundation, you can give us the property and take a hell of a tax deduction.

They make you pay more in withholding just to help their cash flow out.

The tax agent allowed the deduction.

You're assuming interest only loans.

And then of course at a party, when I start to explain this, it's like, ah ha.

Investments are supposed to make money.

So, taxes, this is property tax.

In Germany, foreign bribery was allowed.

Here in Los Angeles, in the Bay Area in San Francisco, it became tax deductible in the United States.

He is immune from taxes.

If you net out all of his little financial engineering, he had to pay 3,000 more in interest, if you net out his profit he made on his little cash bets, his side bets.

Donations to philanthropic programs are tax exempt.

This is, if I didn't have this great tax shelter with this house.

An income tax is levied on any income that exceeds deductions.

Subtract from memory

I refuse to go along with that and as long as I am president I never will.

It's going to be taxes.

So let's see.

And the way that you account for this 200 in advance from a customer, is you call that deferred revenue.

When legislators and others think about economic development, what they first of all think about are business tax incentives, property tax abatements, job creation tax credits, you know, there are a million of these programs all over the place.

It's a tax writeoff, I needed that.

Gold Bars

Rich people tend to have more possibilities of hiding parts of their income or avoiding taxes in various ways.

Did you pay the taxes?

Tax records.

No taxes, no social security, No credit card bills, no previous address.

Your tax dollars at work.

I've got to pay taxes now?

This is what the election comes down to.

You have a personal tax exemption of 500,000 yen.

Zero and the deductible Superhigh, right? No.

It starts off with much smaller differences in earnings before tax.

Easy!

It has become a requirement for EU membership.

And that highlights another problem for income taxes.

But it's the case in many parts of the U.S. So actually to some degree, this, the dollar value, the property tax is driven by this home value assumption up here.

Now, I've cut taxes for those who need it middle class families, small businesses.

Where in the world is this world heading?

Taxation is based on income.

And of course the difference is the money that he had to spend on tax.

Rooms are 29.99 plus tax. Comes to 34.50.

Low taxes, land of opportunity.