To: justshutupandtakeit
You may have paid more than GM last year. So forget "revenues."
I did. They had a ~$280 million dollar
credit last year!
To: Your Nightmare
Of course some may have zero income tax liability... like many individuals. They surely had related costs like planning and compliance among others... are those costs that can be paid? LOL
To: Your Nightmare
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.
To: Your Nightmare
Our friend simply cannot grasp where that money to pay his income tax comes from. The difference between Profit and Revenues seems to be beyond him.
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