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Discussion Starter #1
Was thinking about this last night.
Large companies peer into crystal ball and make predictions about how much money they are going to make in future. (for all the good financial analysts do, they may be better off looking at the stars :D)
Then, when they come up short (usually by several millions) tell everyone (investors, tax man, etc) they have 'lost' that amount so dividends are not paid and they need tax break, etc.
So, Why cant I buy a $3.00 lottery ticket, say its an investment then write off 20~30 million dollars as a LOSS when I don't win?
:) [?] :D

PJ
 

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Keep in mind that political discussions are not allowed on this forum.
Best to let this thread end here.
JohnnyB (one of your moderators)
 

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Discussion Starter #6
I guess some people take things way to serious?
It was meant as a joke.
It may not be legal or correct but, I work for a US company
They make projections on past results, (projection, 13% growth, actuality, -2%, layoff time)
'Loss' was 15% not 2%?

BTW, I'm in Flori-duh :)

PJ
 

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Economics math is different from algebra math?
Like a parallel universe...
NE
 
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