Quote:
Originally posted by ItBurnsWhenIpee
My main question is how do you get money back for writeoffs then? What if it takes you tons of money to make money?
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There are no write-offs. Tax as we know it would end. You would keep every penny you made and only pay taxes when you purchase something. It's simple, efficient, and from what I can see a damn good replacement for the monster we have today. No more gov. chasing down people for tax evasion, doing audits, etc.
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