To: MACVSOG68
So if we didn't have an income tax, but a consumption tax, the small business owner would not have to file a tax return indicating how much he had collected?
Why do you ask a hypothetical question that can't be answered?
To: philman_36
So if we didn't have an income tax, but a consumption tax, the small business owner would not have to file a tax return indicating how much he had collected? Why do you ask a hypothetical question that can't be answered?I don't think I'd have a problem answering that one. A small business owner would of course, have to file indicating how much his sales were and how much he had collected in taxes, just as he does now.
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