tyeb
o7
that is correct.
the chart it self would help those on paye.
if you work for yourself there is a lot of ways to write off expenses.
The gross profit is only the figure of the revenue generated from the business, than you have to take off all the expenses, taxes and depreciation before you get to the net profit.
If someone that gives them a wage of under 11k and takes the rest in dividends it is tax free.
of course if you can get a 503 status and become a ngo than it is basically a way to surf the system while earning the bucks.
Watch the video anon posted fromt he hated one.
anon is getting ready to start the video construction and editing part of the B.I.S research dig posted here for anons.
first week was gathering all the info (not seen anyone use it here or on the interwebs)
Second week - Going through the 2022 - 2023 annual report from the b.i.s and their agenda 2025.
Next week - learning to use new tech, gather and compose script and find clips and screenshots to make short videos which will need to be entertaining as well as informative so those with a short attention span can grasp the enormity of the enemy we are dealing with.,THE BANSTERSor the middlemen.
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SECOND VIDEO FROM THE HATED ONE ON CHARITIES ARE THE PUBLIC FACING FRONT WHILST FOUNDATIONS ARE THE ASSET HOLDERS OF THE CHARITY WHICH ARE NGO'S AND TAX EXEMPT WHO INVEST IN THEIR OWN ASSETS - THE BAIT AND SWITCH CON!!!
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BILLIONAIRE FOUNDATION - THE MOST IMMORAL CHARITY IN THE WORLD
First published at 15:19 UTC on June 19th, 2023.
https://www.bitchute.com/video/OH4uh8cHuto/
https://youtu.be/OH4uh8cHuto
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Billionaire philanthropy is not just charitable giving. It's an investment venture before anything else. Then it's about hoarding wealth, avoiding taxes and getting some positive PR for it.
Support independent research and analysis by joining my Patreon page: https://www.patreon.com/thehatedone
Private foundation is an institution with a very special status. They are tax exempt private organizations yet they are still allowed to invest into for profit companies. Foundations can hold corporate stocks and bonds and generate revenue this way.
There is only one major condition they have to fulfill to keep their tax exempt status - and that is to donate 5% of foundation's total assets on annual basis. So when you hear a billionaire donating their wealth to charity and it's going through a foundation, up to 95% of it can go into profitable investments. In practice, all foundations' assets in the US amount to more than $1 trillion. Yet, they donated only $90.88 billion in 2021.
Sources (references are available in the transcript)
[0a] https://nccs.urban.org/publication/nonprofit-sector-brief-2019#recipients
[0b] https://www.statista.com/statistics/250878/number-of-foundations-in-the-united-states/
[1] https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
[2] https://www.nytimes.com/2021/06/08/us/politics/income-taxes-bezos-musk-buffett.html
[3] https://www.irs.gov/charities-non-profits/charitable-organizations/private-foundations
[4] https://www.irs.gov/charities-non-profits/private-foundations/taxes-on-failure-to-distribute-income-private-foundations
[5] https://www.nptrust.org/philanthropic-resources/charitable-giving-statistics/
[6] https://www.issuelab.org/resources/36381/36381.pdf
[7] https://www.gatesfoundation.org/about/financials
[8] https://www.thenation.com/article/society/bill-gates-foundation-philanthropy/
[9] https://www.latimes.com/archives/la-xpm-2007-jan-07-na-gatesx07-s
LESS
excellent stuff.
no shut down needed.
What was actually done?
Dare anon ask?
layman's term would be fine..