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To: Mariner

And, if SALT deductions are bad, why do all corporations and all businesses get to keep them?


Because net profits, which are exposed to taxation, are only determined by subtracting all expenses from revenue.


108 posted on 11/17/2017 12:21:23 PM PST by sparklite2 (-)
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To: sparklite2

“Because net profits, which are exposed to taxation, are only determined by subtracting all expenses from revenue.”

No unlike Adjusted Gross Income.


125 posted on 11/17/2017 7:34:07 PM PST by Mariner (War Criminal #18)
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