[justshutupandtakeit]

Of course businesses factor in all "costs" but you don't seem to grasp the fact that income taxes are NOT a "cost."
Introductory Microeconomics might help.

The idea that there are no "bureaucrats" in business is laughable. I have held many jobs in the private sector from Paper Mills, to Laboratory work. I have worked for Sears, construction, Cancer Research labs, industrial laundry, brewery, bag plants, chemical plants, publishing and Banks to name a few.

[Paul C. Jesup]

Of course businesses factor in all "costs" but you don't seem to grasp the fact that income taxes are NOT a "cost." Introductory Microeconomics might help.

Income Tax is A COST, they just don't pay it immidiately, but they do factor it into their prices. Ask a business owner, they will back my up.

[Paul C. Jesup]

The idea that there are no "bureaucrats" in business is laughable.

You mistake accountants with bureaucrats.

[Conservative Goddess]

Income taxes are as real as rent, electricity, direct materials and direct labor. Any businessman worth his salt factors the tax cost into his calculations.

[phil_will1]

"...but you don't seem to grasp the fact that income taxes are NOT a 'cost.'"

LOL Amazing spin you have there, jsuati. Ok, there are five major categories of financial transactions: revenue, expense (cost), assets, liabilities, owners equity.

What category would you place taxes in? Assets?

[Principled]

Of course businesses factor in all "costs" but you don't seem to grasp the fact that income taxes are NOT a "cost."

This is priceless.

It doesn't make you look so smart to use language and words that aren't used in the real world - but that's not where your knowledge is... clearly.

You'll go on to give chapter and verse about the "actual economic definition" or something. HA!

Is the light bill a cost? How about the copier lease payment? SHEESH the idiocy!