Stormy Daniels' Work is Tax Deductible

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Donald Trump’s case about how and why money changed hands to pay a porn star named Stormy Daniels, is not giving businessmen sleepless nights. It’s 2024 therefore, there are women who are head of companies or own theirs, but please indulge me and let us zero this piece on men, because they are the original busy-men (businessmen).

They are not worried that this case will excavate how tax laws allow businessmen to relax after a hard day’s work at the office or business trips. The government reasons that they work hard to set up companies, provide jobs (mainly minimum wage) and fly around the country or the world, working hard to get profits, but most of all, the busy-ness happens away from home. It’s a great inconvenience. That is why tax laws compensate busy, businessmen.

“The maximum amount you can claim for food, beverages and entertainment is 50% of the lesser of the following amounts: the amount incurred for these expenses, an amount that is reasonable in the circumstances. Source. Canada Revenue Agency.

I’m saying businessmen are not worried about how Michael Cohen paid Stormy Daniels, and how Donald Trump paid him back, because of this tax law present in all capitalist countries. This case is important because of the trio: food, beverages and entertainment. 

Busy businessmen go to strip clubs and other ‘men’s clubs’ to get all three, on one platter. They claim it as a business expense because it is legal. The government won’t tamper with that. Businessmen work hard, especially when they are miles away from home. Let them get back some of the money they spent on the trio: food beverages and entertainment.

Nonqaba waka Msimang

Blogger Without Borders

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