US Wind Industry Posts Second Strongest Quarter Ever

[OnePercenter]

If you buy $10,000 worth of goods and sell them for $11,000, you have income of $11,000 with a $10,000 deduction. You'd pay $150.00 in federal tax on $11,000.

The government doesn't charge income tax on revenue. Sorry.

In 2015, the largest corporation I own made $128M in revenue and paid $2.8M in federal tax.

What was the income number?

The government doesn't charge income tax on revenue. Sorry.

I never stated they did. I stated what was paid.

What was the income number?

It doesn't matter, it's what you actually pay.

 

[OnePercenter]

Revenue and income ARE the same.

Nope revenue is sales.
Income is profit after all expenses have been subtracted.

If I buy $10,000 worth of goods and sell them for $11,000, only a moron, that'd be you, would claim my income was $11,000. Only a moron, you again, would claim my income tax paid divided by my $11,000 revenue number, was proof that corporations were not overtaxed.

If you buy $10,000 worth of goods and sell them for $11,000, you have income of $11,000 with a $10,000 deduction. You'd pay $150.00 in federal tax on $11,000.

In 2015, the largest corporation I own made $128M in revenue and paid $2.8M in federal tax.

Corporations ARE NOT OVER-TAXED!

If you buy $10,000 worth of goods and sell them for $11,000, you have income of $11,000 with a $10,000 deduction. You'd pay $150.00 in federal tax on $11,000.

The government doesn't charge income tax on revenue. Sorry.

In 2015, the largest corporation I own made $128M in revenue and paid $2.8M in federal tax.

What was the income number?

Funny how he's so rich but doesn't understand revenue, gross profit or net profit

Funny how he's so rich but doesn't understand revenue, gross profit or net profit

What I do understand is what you actually pay. That's why I'm wealthy.

 

[Toddsterpatriot]

If you buy $10,000 worth of goods and sell them for $11,000, you have income of $11,000 with a $10,000 deduction. You'd pay $150.00 in federal tax on $11,000.

The government doesn't charge income tax on revenue. Sorry.

In 2015, the largest corporation I own made $128M in revenue and paid $2.8M in federal tax.

What was the income number?

The government doesn't charge income tax on revenue. Sorry.

I never stated they did. I stated what was paid.

What was the income number?

It doesn't matter, it's what you actually pay.

The government doesn't charge income tax on revenue. Sorry.

I never stated they did.

You implied.

You'd pay $150.00 in federal tax on $11,000.

What was the income number?

It doesn't matter,

Since the government charges tax on income, not revenue, of course it matters.

If you had $128 million in revenue and $128 million in expenses, $2.8 million is a very high tax rate.

 

[OnePercenter]

If you buy $10,000 worth of goods and sell them for $11,000, you have income of $11,000 with a $10,000 deduction. You'd pay $150.00 in federal tax on $11,000.

The government doesn't charge income tax on revenue. Sorry.

In 2015, the largest corporation I own made $128M in revenue and paid $2.8M in federal tax.

What was the income number?

The government doesn't charge income tax on revenue. Sorry.

I never stated they did. I stated what was paid.

What was the income number?

It doesn't matter, it's what you actually pay.

The government doesn't charge income tax on revenue. Sorry.

I never stated they did.

You implied.

You'd pay $150.00 in federal tax on $11,000.

What was the income number?

It doesn't matter,

Since the government charges tax on income, not revenue, of course it matters.

If you had $128 million in revenue and $128 million in expenses, $2.8 million is a very high tax rate.

I thought Rabbi was the poster boy for ignorance. Truly I was wrong.

 

[Toddsterpatriot]

If you buy $10,000 worth of goods and sell them for $11,000, you have income of $11,000 with a $10,000 deduction. You'd pay $150.00 in federal tax on $11,000.

The government doesn't charge income tax on revenue. Sorry.

In 2015, the largest corporation I own made $128M in revenue and paid $2.8M in federal tax.

What was the income number?

The government doesn't charge income tax on revenue. Sorry.

I never stated they did. I stated what was paid.

What was the income number?

It doesn't matter, it's what you actually pay.

The government doesn't charge income tax on revenue. Sorry.

I never stated they did.

You implied.

You'd pay $150.00 in federal tax on $11,000.

What was the income number?

It doesn't matter,

Since the government charges tax on income, not revenue, of course it matters.

If you had $128 million in revenue and $128 million in expenses, $2.8 million is a very high tax rate.

I thought Rabbi was the poster boy for ignorance. Truly I was wrong.

Poster boy, heal thyself.