Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: justshutupandtakeit

"Income taxes are NOT included in a product's price. One doesn't even know what they are going to be from year to year."

Where does the money come from to pay corporate income taxes?


359 posted on 03/04/2005 12:54:23 PM PST by phil_will1
[ Post Reply | Private Reply | To 86 | View Replies ]


To: phil_will1

IF any income taxes are due they come from PROFIT. IF there is no profit there are NO income taxes. Examination of any corporate return will show that profit can be manipulated from year to year to minimize profit.

Economic theory postulates that a business will try to maximize its profit over time that output is not changed income tax or no income tax.


365 posted on 03/04/2005 1:07:04 PM PST by justshutupandtakeit (Public Enemy #1, the RATmedia.)
[ Post Reply | Private Reply | To 359 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson