Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: rich4eagle who wrote (204901)	11/27/2001 7:55:56 AM
From: jlallen	Respond to of 769670

Shaddup ya dope.... JLA

To: rich4eagle who wrote (204901)	11/27/2001 8:02:45 AM
From: Neocon	Read Replies (2) \| Respond to of 769670

No one said that taxes were not paid, but they are not paid by the business independently of the distribution of profits to individual stakeholders. Thus, there is no double taxation. Hypothetically, what would otherwise have been distributed as profit to the proprietor or partners could be used for expansion or depreciation, incidentally, so it is not true that all profits flow- through. It is just that it would appear on the books as an expense, prior to distribution, since there is no separate category of profit prior to distribution.