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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (644010)1/30/2012 10:30:33 PM
From: J_F_Shepard  Read Replies (1) of 1580832
 
""There shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business"

It doesn't say anything about different rules for you, me, or Exxon."

But we know that's not true don't we.........hundreds if not thousands of special "tax laws" are written for favored individuals or businesses....there are probably dozens in Arkansas alone...
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