Replies

To: PapaBear3625

...then there will be no profit to tax.

He didn't say tax "profits." He said to tax ALL income!

Those are two very different things!

25 posted on 01/12/2015 6:38:16 AM PST by ExTxMarine (PRAYER: It's the only HOPE for real CHANGE in America!)

To: ExTxMarine; PapaBear3625

In businesses, income can refer to a company’s remaining revenues after all expenses and taxes have been paid.

Income is not revenue.

29 posted on 01/12/2015 6:43:06 AM PST by thackney (life is fragile, handle with prayer)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794