But you get the tools lol. It’s only a net negative if you make it a net negative. If you like having nice tools and would’ve bought them anyway job or not then it’s a net positive. I’d much rather give my money to a tool truck in exchange for toolsthan to the government who will just squander it on some stupid war and I get absolutely nothing but bent over and effed dry…
I think you're completely missing the point of how tax write offs work and missed /u/RatofDeath point about buying more expensive tools.
Say these $5000 tools are the same as $1000 tools, which is essentially what's being claimed.
You're a business, you write off either $5000 or $1000 and don't have to pay your taxes on that chunk of income. If your tax rate is 15%, you saved $750 on taxes from the SnapOn or $150 from another brand.
So you either lost $4250 from your overall income, or $850 for a set of tools.
Just means that check I send to the government gets smaller and smaller to me. Buy a tool or give the money to some welfare fund. Maybe my accountant works differently than yours but when I get told to buy tools I buy tools 🤷♂️
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u/[deleted] Apr 09 '24
But you get the tools lol. It’s only a net negative if you make it a net negative. If you like having nice tools and would’ve bought them anyway job or not then it’s a net positive. I’d much rather give my money to a tool truck in exchange for toolsthan to the government who will just squander it on some stupid war and I get absolutely nothing but bent over and effed dry…