908
this post was submitted on 15 Aug 2024
908 points (99.6% liked)
Technology
60140 readers
2761 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
CEOs sometimes think like this, but they seem to forget how much more they are paid when it comes up.
I’m on a business junket to [Miami Beach, Las Vegas, Jackson Hole, wherever] where I will [ski, drink, go to the beach, take a fishing boat, whatever] at an all-expensed resort or hotel, and have a couple meetings or attend a business conference, too. I’ll take a private jet and be there for a week. Everything is a business write-off. I’m getting paid while I’m doing this.
Next month will be another business trip.
Vs
Some family saved for years to visit Jackson Hole, take a hike, go fly fishing, and stay at a modest hotel or camp out. They’re not getting paid, everything is out of pocket, and they can’t write any of it off.
There’s a huge difference in not just pay but how their lives are structured financially. Tons more opportunities to write off and business expense things vs a normal person where everything is out of their personal money.