Truth Detector (06-05-2019)
Truth Detector (06-05-2019)
When you make a statement like this, you should really not call others stupid. Corporate Taxable income is gross revenue minus cost of goods sold minus business expenses.
Here is the IRS form for corporate income taxes proving you are the one that is completely uninformed.
https://www.irs.gov/pub/irs-pdf/f1120.pdf
"We are all born ignorant, but one must work hard to remain stupid."
"Any fool can criticize, condemn and complain - and most fools do."
You are right. I incorrectly conflated revenue with income. My bad.
However, I am correct in that they do not pay taxes on profits. I notice you left that part out. But, then by showing I am right about that, you would be criticizing a fellow lefty which you are loathe to do.
Carry on
Corporations pay taxes on profits. LLC’s, sole proprietorships and partnerships don’t. The latter pay as personal income I believe.
LMAO. What the hell do you think business pays taxes on? Losses?
And you wanted to charge me to read your nonsense? Here...let me rewrite it for you.
Revenues-Expenses=Taxable Income (profits)
Or do you still want to claim that revenues are taxed.
You're wrong. Tariffs are very different than corporate taxes.
Once in a while you get shown the light, in the strangest of places if you look at it right.
Phantasmal (06-04-2019)
"We are all born ignorant, but one must work hard to remain stupid."
"Any fool can criticize, condemn and complain - and most fools do."
Althea (06-04-2019)
If he'd like, we can argue the semantics over Gross/Net profit. We can circle around that for a few pages. His point about tariffs/taxes is never going to be accurate.
And yes...as a small businessperson who has been dealing with accountants for decades, I know a thing or two about what is taxable, and what is simply a cost of doing business. Like a cost incurred by tariff.
Once in a while you get shown the light, in the strangest of places if you look at it right.
Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.
Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.
Althea (06-05-2019)
^The desperation is appalling.
Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.
Earl (06-05-2019)
Truth Detector (06-05-2019)
This just In::: Trump indicted for living in liberals heads and not paying RENT
C̶N̶N̶ SNN.... Shithole News Network
Trump Is Coming back to a White House Near you
Truth Detector (06-05-2019)
President Trump’s tariffs on Mexico and China do not a trade war make. Costs to companies and even farmers haven’t caused major economic damage."
https://www.nbcnews.com/think/opinio...fs-ncna1013646
Truth Detector (06-05-2019)
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