The Hen House: INCOME TAX VS PROFITS AND GAIN

By jillann - About Me - E-mail this page - Add to My Favorites - Add to Blog List - See other blogs in News & Politics

Wednesday, April 29, 2009

INCOME TAX VS PROFITS AND GAIN

Did you know that Income Tax is supposed to be based on profit;s and gain. That's what the law books say anyway! When a person trades 8 hours labor for 8 hours pay, that is not a profit or a gain. It's the barter system at work. Now when you buy a car for 200 dollars and sell it for 400 dollars,... Sign in to see full entry.

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