In this video, we explore how large corporations use debt write-offs to avoid paying their fair share of taxes. Grant Cardone, a successful entrepreneur and investor, reveals how this practice works and how it allows companies to save millions of dollars. By using financial engineering and creative accounting, these corporations can write off their debts and claim tax deductions, while still enjoying profits and expanding their businesses. This strategy may be legal, but it raises ethical and social questions about fairness, responsibility, and public trust. As taxpayers and consumers, we need to be aware of these practices and demand more transparency and accountability from our corporate leaders and policymakers.
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