Something, so you want more?

The tax agent allowed the deduction.

But interest on a mortgage is tax deductible.

You're assuming interest only loans.

It doesn't matter what it is.

Investments are supposed to make money.

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

So, taxes, this is property tax.

In Germany, foreign bribery was allowed.

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

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

Don't.

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

Billing Periods

How much are they asking for?

Bills?

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

Requisition forms.

Was working on.

You pay everything in stamps. Those are the currency.

Billing start date

Watch where you're going.

send me a bill.

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.

Months per billing period

I'll be sending you a bill.

Phil, there's another credit card charge.

Except for the bill.

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.

Custom billing periods

If you were man enough to file a claim...

So you want me to bill you?

The hospital bill came.

Warner Bros., Columbia, 20th Century Fox and MGM.

She deserves compensation!

I filled out an insurance claim.

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

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

Zero and the deductible Superhigh, right? No.

Just filling out a check paying some bills and a parking ticket.

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.