I've never been in a business where taxes were taken from the profit =
side
Nope. You have your gross. You deduct your deductibles. You pay your =
employees. You pay the tacxes on your employees. You pay the retail =
tax on your wholesale purchases turned into retail sales. After all is =
said and done, there's the profit. And then you pay taxes on that. I'
ve had two small businesses of my own and that's how it's worked. =
That's how it's worked for the larger businesses that I've been =
associated with. All you're doing is ignoring the fact that your =
business paid taxes.
--=20
katysails
s/v Chanteuse
Kirie Elite 32
http://katysails.tripod.com
"Women and cats will do as they please, and men and dogs should relax
and get used to the idea." - Robert A. Heinlein