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Every dollar invested becomes untaxed, whether that happens immediately or is delayed. Always has.
by jellicle 6y ago
Every dollar invested becomes untaxed, whether that happens immediately or is delayed. Always has.
- valuearb 6y agoI invest $1M building a great new store for selling widgets. My first year I make a $1M profit. I want to build a second store, but I can't out of profits, because I only can net $700k because of state and federal corporate income taxes.
- jellicle 6y agoAs you'll immediately get that $300K refunded with your next tax return, it should be trivial to borrow money for a few months. The idea that there's no access to capital to build out successful businesses is laughable.