To: Vermont Lt
You’re right, my 25+ years of preparing tax returns has left me entirely unprepared to deal with the concept.
19 posted on
01/12/2015 6:25:47 AM PST by
Attention Surplus Disorder
(At no time was the Obama administration aware of what the Obama administration was doing)
To: Attention Surplus Disorder
You only ever paid taxes on income. Income is not revenue.
33 posted on
01/12/2015 6:48:35 AM PST by
Vermont Lt
(Ebola: Death is a lagging indicator.)
To: Attention Surplus Disorder
It seems to me that if you spend 120K to make 100K in SALES then you are negative 20K there for you have NO income and would owe NO taxes am I missing something here? The tax would be on your income, NOT your sales!!!!!
35 posted on
01/12/2015 6:50:28 AM PST by
Kit cat
(OBummer must go)
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