milt.shook@[EMAIL PROTECTED]
wrote:
>
> 3941 Dead <zepp22113...@[EMAIL PROTECTED]
> wrote:
> >
> > milt.sh...@[EMAIL PROTECTED]
explained:
___>
> > > Most companies don't actually pay them, because most don't make a
net
> > > profit. Kind of difficult to "embed" a tax you don't pay. Other
taxes,
> > > like payroll taxes, property taxes and business license fees, can be
> > > said to be "embedded" in the price, in the abstract. But not
cor****ate
> > > income taxes.
> >
> > You're right: I should have said "estimated profit". Actual profit at
> > that point is yet to be determined. And, as you imply, "net profit"
> > amounts to, "ok, what money coming in haven't we figured out how to
> > write off yet?"
> > --
>
> And one of the ironies of this entire discussion is that a company
> that pays cor****ate income taxes one year can deduct them as a
> business expense the next. IOW, they're simply not "embedded" in
> anything. In fact, cor****ate income taxes are one of the most
> progressive taxes out there. Imagine if individuals could deduct all
> of their life expenses, and only have to pay tax on whatever's left? I
> bet even the wingnuts would have a difficult time complaining about
> that one...
Well, this whole thing is an example of leading right-wing whores
to culture, but not being able to think..
--Just my two cents, after deductions..
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