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Yes obviously this would be the case. They're taxes on income, not revenue. If they decide to invest in the future, it eats into their income.
by polski-g 8mo ago
Yes obviously this would be the case. They're taxes on income, not revenue. If they decide to invest in the future, it eats into their income.
- Macha 8mo agoPresumably you mean profit and not income, since income is revenue
- lotsofpulp 8mo agoIn that context, income is obviously short for net income.