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Food for thought- Income Tax

The corporation get taxed on the amount that remains after they’ve paid up their expenses. General public gets taxed on the amount before they could incur any expenses. Why the definition of income is different for corporations and general public.


The corporation get taxed on the amount that remains after they’ve paid up their expenses.

General public gets taxed on the amount before they could incur any expenses.

Why the definition of income is different for corporations and general public.

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