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To: EDINVA

Page 70, statement of cash flows.


24 posted on 03/26/2011 6:44:06 AM PDT by snarkbait (<<For Rent>>)
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To: snarkbait

thanks


25 posted on 03/26/2011 7:34:15 AM PDT by EDINVA
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To: snarkbait

So, if those numbers were converted to an Individual’s income, leaving out a couple of zeros here and there, Joe Sixpack and the Missus made $751K and had write-offs/exemptions totaling $627K, their net income was $124K and their tax liability was $2,480? Deferred?

I can make $124K, get a tax bill under 2%, and defer paying it? Is this a great country of what?


26 posted on 03/26/2011 8:02:10 AM PDT by EDINVA
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