Bill's a nice guy, but he's also a business man.
You have to realize all of prize table stuff, catered meals, and even the range where they hold matches is ultimately a write off, right? Props to Bill for building a company that's healthy enough to actually benefit from all of that, but don't just assume there's no upside for the company.
None of that is meant to disparage Bill. Some of you guys really do come off as naive and maybe a little drunk on the Kool-Aid.
Do you even know what a write off is? Its not free money. It just lowers your taxable income, You still have to spend the money that would otherwise stay with the company or goes in his pocket.
So he either keeps 60% and pays the gov 40% or gives away 100%.
It takes a real ignorant fuck to say someone who donates tens of thousands if not hundreds of thousands in gear to shooters each year, is just doing it for tax write off. He doesn't need to let people shoot on HIS mountain. In fact, its a liabilty nightmare for him if someone got hurt.
So instead of him pocketing an extra $60K a year for himself and writing the IRS a $40K check, he gives away $100K to shooters. Explain to us how that benefits him, other that some good will and social media clout.
Look at all the gear and rifles that Colt, BCM, KAC, LMT, ect give away at matches. Oh yea, they dont give shit away. Guess they are just a bunch of fucking idiots for not getting that tax write off.
In fact, if all he cared was making money, he would sell more "blems" and write off the "loss" in sales while still turning a nice profit over his COGS. That would provide positive net revenue while reducing the tax burden.
Write offs that actually makes sense, like buying a new King Ranch F350 with company funds vs having to pay taxes on the profit, paying it as salary, then paying taxes again and buying it with post tax money. That is where being a business owner pays off, not giving away a ton of shit that is in HIGH demand that could be sold at full retail.
Make sure the next match he donates a bunch of rifles and gear to, you let him know hes only doing it for a tax write off.
Most of the Aggies I have worked with over the years are peices of shit, so at least you are keeping the tradition alive. Maybe if you went to UT, you would have learned basic tax law, economics, business management and some fucking gratitude. Some one owes you a refund.
