this post was submitted on 06 Jun 2026
806 points (98.1% liked)

Political Memes

11928 readers
2137 users here now

Welcome to politcal memes!

These are our rules:

1) Be civilJokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.

2) No misinformationDon’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.

3) Posts should be memesRandom pictures do not qualify as memes. Relevance to politics is required.

4) No bots, spam or self-promotionFollow instance rules, ask for your bot to be allowed on this community.

5) No AI generated content.Content posted must not be created by AI with the intent to mimic the style of existing images

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] qaeta@lemmy.ca 8 points 16 hours ago* (last edited 16 hours ago) (1 children)

Rent alone here is higher than the basic personal amount, let alone any other necessities. And I'm in one of the cheapest cities in Canada for rental housing.

Which is to say, almost every single tax paying person in the entire country would be getting more than the basic personal amount (Canada's version of the standard deduction in the US) if we were allowed to claim basic necessities.

[–] Rivalarrival@lemmy.today 1 points 9 hours ago (2 children)

Rent alone

All you are telling me is that "rent" isn't a deductible expense.

None of that changes the fact that if you have more deductible expenses than the standard deduction, you can claim greater than the standard deduction.

The standard deduction is ~$16,000 for a single person. Medical expenses are deductible. If they spend $32,000 in a hospital stay, they would be better off itemizing the whole deduction rather than taking only the standard deduction.

[–] Blue_Morpho@lemmy.world 3 points 3 hours ago

None of that changes the fact that if you have more deductible expenses than the standard deduction, you can claim greater than the standard deduction.

You are missing the point that for a business everything is a deduction and for an individual almost nothing counts as an itemized deduction.

It is a lie to say "you could itemize" when the IRS specifically does not allow W2 employees to itemize rent, transportation, food, and entertainment.

[–] qaeta@lemmy.ca 1 points 2 hours ago

We're literally talking about corporations being "people" but able to deduct things that people can't. If corporations are people, and they can deduct rent (they can) why can't everyone else.

You've completely lost the plot mate. You can't say THE LITERAL QUESTION WE ARE TALKING ABOUT is a separate question, wtf lol