Stories similar to Let's Stop Demonizing the Rich :

Google and Accenture and Microsoft Leave America 1 year 19 weeks ago

Bloomberg was just released a report showcasing the tax structure of both the US and the UK and how it discourages corporate profits. A method used by Accenture has now been used by both Google and Microsoft. A tax method that has been dubbed "Double Irish". The corporate profits are funneled through Ireland then the Netherlands and then Bermuda. The report details that the effective tax for the US is 35%, the UK is 28% and this method translates into 2.4%. What does this mean to America - it means the corporate tax profits are leaving the US.

The Evil Rich-Who Are They? 1 year 4 weeks ago

We have heard the calls, the calls from our politicians for the need to raise taxes to help those in need. We have the empathy and the desire to help those who are less fortunate and in needs of help. In the United States we give, (through private means), more than any other nation in the world. We are a generous people whose compassion has no end and when we hear our leaders call for more revenue through higher taxes we balk and wonder how much can we actually take. Yet over the years the argument has changed.

American Made - The Death of An American City 2 years 22 weeks ago

It saddens me when I shop and I cannot find American-made goods.Here is an important video which every American needs to see. And yes, it is a sad video - get the tissues ready!I am ashamed I drive a foreign car but what is "American-made" anymore?We need more American partnerships, we need to recognize that buying American may save your neighbor's job.Corporate America, we don’t want large profits and large bonuses, we want America employed, we want to proudly say Made in America. The important “profits” are seeing our neighbors employed with benefits and with pensions.

Calculate Earnings And Profits Your Self 49 weeks 4 days ago

Knowing the way to calculate earnings and profits could be a should for any business owner. Earnings, additionally known as gross income, encompass the money left over when subtracting the direct prices of products sold. Profit, on the opposite hand, is that the cash left over in spite of everything relevant expenses are accounted for. whereas healthy earnings are very important to a growing business, profits are ultimately what is going to confirm money sustainability and also the viability of your business model.

taxable or non taxable business income section 28 of income tax 1 year 39 weeks ago

Income taxable under business or profession: - under section 28 of income tax act the following receipts or income is chargeable to income tax under the head profits and gains of business or profession.
Under the section 28(1) of income tax profits and gain of any business or profession carried on by the assessee at any time during the previous year. The charges under the head are on profits and gains and not on the gross receipts or sale proceeds of any business or profession.