PRESIDENT GEORGE W. BUSH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nadine Carroll who wrote (129652)	2/28/2001 12:56:15 PM
From: Srexley	Read Replies (1) of 769667

"Scott, if you have not been able to move expenses such as car leasing into the business and deduct them, lower the business profits, its taxes, and its payout to yourself, then you should change accountants." Wow, a whole new level of taxation. I did not realize that you felt businesses should not be able to write off BUSINESS expenses. As a refresher for you: Revenue - expenses = profit. Profit is taxable. Income (which is an expense to business) is taxable. I did not realize just how socialistic you are. The business guy/gal should pay taxes on his/her expenses in addition to the corporate profit and income tax. Oh well, get in line and ask for your handout. You will do fine, I am sure.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next