I mean, if you're going to calculate it that way then everything you buy that's not tax deductible is 1.33x more expensive than it's sticker cost.So I have to pay 33% on that million I gave after all? Shoot, now I'm out 1.33 million and short $1,332,998.50
Doesn't make sense to think of it that way because most things you spend money on are not going to be tax deductible. Tax deductible is not the default.
