On 11/07/2012 01:22 PM, MB Software Solutions wrote:
On 11/7/2012 10:50 AM, Stephen Russell wrote:
Not sure why this money should be re-taxed at ordinary rates. It
already
was through that wringer declaring it as profit. Thus taxed to the
company
as INCOME.
EXACTLY! This money was somebody's after-tax money that was
re-invested in a business! Taxing it yet again at ordinary rates
sounds completely wrong (unless your goal is socialism)!
That's a rhetorical question. LOL
Regards,
LelandJ
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