this post was submitted on 06 May 2026
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[–] ChetManly@lemmy.world 55 points 2 days ago (1 children)

This circular finance shit should be illegal.

[–] baggachipz@sh.itjust.works 16 points 2 days ago (1 children)

Normally it would be, but ya know….

[–] NatakuNox@lemmy.world 7 points 2 days ago (1 children)

If only we were allowed to do this. I'd hand you $10 then you hand me $10, $20 of sales was just made! Capitalism baby! Imaginary line must go up!

[–] anomnom@sh.itjust.works 1 points 1 day ago (1 children)

You both get taxed on the $10 income unless you can write off the $10 you gave each other as a business expense.

[–] NatakuNox@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

Yup. We already filed our taxes for 2026, zero in profits of course. wink We're getting a bailout to keep the doors open, but we're going to layoff 50% of our staff anyway. Also, both CEOs will be getting a raise equal to the laid off employees pay. But that's just a standard practice for them being such hard workers.