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Ben Folds/Nick Hornby: From Above

172
jamesfirecat12/08/2010 8:03:40 am PST

re: #165 schnapp

No it’s not. They are both taxing income. They give firms and households less disposable cash to spend.
How are they different?

Because income taxing, taxes all the money you take in.

Profit taxing only taxes the money you take in after you’ve covered all your expenses.