Posted 12/4/2012 12:52 (#2732523 - in reply to #2732513) Subject: You are correct if the tax is on NET income.....Poster above wants flat tax on GROSS.....
Oskaloosa, Iowa 52577
So...........BHTN is correct in his statement.
From that net profit of 100,000..............ie cash left over............. under the flat tax guy's desire........the taxpayer would have to pay 150,000.
Is a varmint gun tax deductible?
