Quote:
Originally Posted by Seaplane Pilot
Today’s mentality is that Business Profits Tax and Business Enterprise Tax are only paid by “EEEVIL” corporations, so that makes it ok. They don’t consider it an income tax, because it’s just from businesses (those big businesses that live by “Corporate GREED”!!!). Of course the exact opposite it true. Where else can a business lose money, but still have to pay taxes on their top line?
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A business that loses money, unless it is a start up, usually loses money because of bad management or because management is playing a tax dodge game. Neither the Profits or the Enterprise tax comes off the “top line.”
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