Say your training exemption is $160k.
It means your expenses can be $160k over the revenue and you won't pay tax on it. You'll still lose $160k a week but none of it on tax.
ex. You are $160k over. You lose $160k per week still because you are overspending.
ex. You are $180k over. You lose $180k per week plus 50% on the $20k you are not exempt from. Total loss $190k.
ex. You are $210k over. You lose $210k per week plus 50% on the $50k you are not exempt from. Total loss $235k.
If you remember me, then I don't care if everyone else forgets.
