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Hawaii's Exchange to be Shuttered
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Quote:Sorry Malabar, in terms of corporate income tax, you are wrong. CIT is taxed after calculations of revenue and expenses. Google an IRS 1120 I.e., it is taxed on before-tax profits. How does this make what I said wrong? The corporation raises it's before-tax profits to compensate for the taxes and keep the after-tax profits the same. It does that by raising prices. "Why should I give information to you when all you want to do is find something wrong with it?" |
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