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> A tax on revenues would kill a lot of high growth businesses. A tax on revenues would also kill a great many low profit businesses Oil and gas extractio
by OrvalWintermute 5y ago
> A tax on revenues would kill a lot of high growth businesses.
A tax on revenues would also kill a great many low profit businesses
Oil and gas extraction: -7.6%
Support activities for mining: 0.6%
Beverage manufacturing: 0.8%
Grocery and related product merchant wholesalers: 1.9%
Lawn and garden equipment and supplies stores: 2.0%
Miscellaneous durable goods merchant wholesalers: 2.3%
Petroleum and petroleum products merchant wholesalers: 2.4%
Grocery stores: 2.5%
Automobile dealers: 3.2%
Building material and supplies dealers: 3.2%
Continuing care retirement communities and assisted living facilities for the elderly: 3.3%
Other motor vehicle dealers: 3.3%
Home furnishings stores: 3.3%
Furniture stores: 3.4%
Beer, wine, and liquor stores: 3.4%
from https://www.lendio.com/news/small-business-outlook/most-profitable-businesses/ https://www.lendio.com/news/small-business-outlook/most-prof...
- OJFord 5y agoI followed your link just because I couldn't understand what the percentages were ('profit as a percentage of revenue?') but it doesn't explain either, unless it's the same as earlier one - 'growth in sales' (and we assume year on year? Doesn't say) - but that has nothing to do with profit...