I really am curious how some say that although I spend the money, it isn't allowed to be paid.
My income taxes aren't a cost, so they aren't paid. Absurd.
My income taxes aren't a cost, so they aren't paid. Absurd.
You don't pay your liabilities?
What we are discussing is if income taxes are a cost of production. The costs of production are the costs of the
inputs needed to produce a product. Income taxes
are not an input! You can produce a product without paying income taxes (it happens all the time).
BTW, a business's profits are considered maximize when "the revenue from selling one more unit of output is exactly equal to the cost of producing that last unit of output." [
link] Income taxes do not factor into that equation.