Well, Pubic, you actually made a semi-decent point.
Nothing new there...
If it his first year and he isn't earning a return on his investment, that doesn't mean he won't next year.
Oh! Just the first year? I know people who have spent MANY years operating without a profit on contracts that would make you VOMIT, if you were subjected to the value of risk they put on the table... People who borrowed from everyone who would lend to them... putting their homes, their parent homes, their siblings homes and every dime they could scrounge, in hopes of hanging out long enough to make it happen... Some of whom have made unspeakable fortunes and others who have lost it all...
I personally have seen several fortunes come and go... I've flown private jets... private planes and I've been a regular passenger on Greyhound... So don't bother me with your insight sis... I've watched the tide come in rode the wave.... and I've been washed out to sea...
But it also means that he isn't so stupid that he thinks he has to pay taxes on his gross receipts.
And no one here has suggested he has... NO ONE! Yet that has been the basis of your red herring for two days...
I can easily spend a million and only make $250,000 off of it... but that isn't welfare wages, and I'm not paying taxes on the million.
ROFLMNAO... you've just proven your ignorance... NO ONE HAS SUGGESTED THAT ANYONE 'spent a million, realized a 25% net return and paid taxes on a million bucks... NO ONE... Yet you keep advancing this as a point of rebuttal.... KNOCK IT THE **** OFF...
THE POINT IS THAT IF YOU "SPEND A MILLION" and realize 1.25 million gross reciepts THE LEFT WILL DO EVERYTHING IN THEIR POWER TO DENY YOU THE MEANS TO DEDUCT THE FULL MILLION YOU RISKED TOWARDS THAT PITIFUL 25% GROSS MARGIN...
You may find that you're only able to deduct 750k... for simple math we'll add the gross margin to your ledger and you're where? -0- You'd claim that since ya didn't show a profit you won't be taxed... WHOO HOO! THROW A PARADE! No taxes due...
YA JUST LOST $250,000 DUMBASS!
Subtract that from the period of investment or the time it took you to realize your loss and the time value of your principle is DEEP IN THE HOLE... YOU'RE A LOSER and you're goin' BROKE...
FAST!
I'm still waiting for you to prove either of your assertions: that leftists or Obama think taxes should be on gross revenue and not net.
You're not waiting on me... All I'm waiting on is for the admin-Gunny to email me to inform me that he has $1000 on deposit from you, which is a 5:1 risk value which you place on the table to make it worth my while to refute your baseless assertion...
This is a text forum sis... it's not a miscommunication here... The terms are long since on record and you've NOW CONCEDED THAT YOU'RE FULL OF SHIT
FOR THE THIRD TIME; BY RETURNING TO THE POINT ABSENT A DEPOSIT ON FILE WITH THE ADMIN!
And FTR: Your THIRD CONCESSION IS DULY NOTED AND SUMMARILY ACCEPTED.
And sure... I can do this as long as is necessary and YES you'll lose 100% of your risked principle as sure as you advance it; which is why you can't find the courage to advance it.
I know it; you know it and everyone that debated leftists on the issue of "Corporations don't pay their fair share" knows it...