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URL:  http://boards.fool.com/i-wouldnt-tax-business-at-all-its-the-final-30656859.aspx

Subject:  Re: Tax Deferred Annuity right for me? Date:  4/27/2013  7:21 PM
Author:  synchronicityII Number:  118516 of 121258

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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