The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Cain 9-9-9||Date: 10/16/2011 3:24 PM|
|Author: Jeanwa||Number: 114173 of 125189|
what about deductions for Cost-of-Goods?
Only for good bought from USA companies.
"•9% Business Flat Tax
?Gross income less all purchases from other U.S. located businesses, all capital investment, and net exports.
?Empowerment Zones will offer deductions for the payroll of those employed in the zone"
I had to look up Empowerment zone. As far as I can tell it's an economically depressed area.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|