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General Discussion

Delmette2.0

(4,157 posts)

2. I ask that a tax accountant or any accountant tell me if I'm correct.

Reply to spanone (Original post)

Tue Apr 16, 2019, 10:00 AM

Apr 2019

When an employer pays employee wages that is a business expense that reduces the net profit of the company. So, if the employer increases wages for employees the profit is less. When the profit is less their taxable company income is less. Right?

So why do companies resist increasing wages to a livable wage?

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Highlight:

Happy Tax Day: Here Are 60 Giant Corporations That Paid Less in Taxes Than You Did [View all] spanone Apr 2019 OP

Disgust is a word that cannot begin to describe this travesty. panader0 Apr 2019 #1

I ask that a tax accountant or any accountant tell me if I'm correct. Delmette2.0 Apr 2019 #2

Latest Discussions»General Discussion»Happy Tax Day: Here Are 6...»Reply #2