Post by twetch#3033

1AKHVi…MfPE Key · twetch

interested to hear more about this

1AKHVi…MfPE Key · twetch

It's called Accumulated Earnings Tax

It's a 20% tax levied on C-Corps that have over 250K in retained earnings.

If I don't provide a good enough explanation for why I'm hodling cash over 250K the gov takes 20%.

What the chain says
Block
608 653
Time
2019-11-13T18:28:19Z
Signer
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE
App
twetch
Type
reply
Content type
text/plain
Name in tx
twetch#3033

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE Verified

Reposted by (1)

Replies (2)

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

Gov: Why you got all that money?

Me: Rain day fund...

Gov: Give us back our money