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| Subject: Re: Tax Deferred Annuity right for me? | Date: 4/27/2013 7:21 PM | |
| Author: synchronicityII | Number: 118516 of 120446 | |
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I wouldn't tax business at all. It's the final customer that pays the bulk of this bill, anyway, in the form of higher prices. That's one thing for C-Corps, but what about pass-thru entities (sole proprietorships, partnerships, S corps, etc.)? If I run a business out of my house, say, how does one determine my income from that? If I have a million bucks in sales, does this mean I report a million bucks in income? I need to deduct SOMETHING from that, right? -synchronicity |
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