"You obfuscate...."
I never knew what obfuscation was until I encountered SQLs on FR. It seems they are all masters at it. Just look at how much time and energy has been wasted on this thread debating whether or not income taxes are an expense.
Well, DDDUUUUUHHHH ... they sure aren't an asset!!
Well, DDDUUUUUHHHH ... they sure aren't an asset!!
I second that DDDUUUUUHHHH
Labor, material and utilities, those components are assets with attached costs. Assets that when competently managed create efficiencies. Income tax costs have what underpinning component, and is that an asset? The component is government protection, which is an asset. Is it competently managed to create efficiencies? Unequivocally, no!
Implementing the FairTax is the first step to rectifying no!