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Taxation and its relation to the profit of a business
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[QUOTE="btaliat, post: 206907, member: 26390"] Tax is the backbone of every government but it is the fishhook to business men. Tax has always been an hinderance to the proper maximazation of profit by the business owner. There are times where a business owner even used some of his profit for tax. I think some fsctored must be considered first before tax should be paid by the business men and to avoid tax evasion. Retrogressive tax system should be employed where a business pays in proportion to how much it generates. Government should provide an enabling environment for the business operations. Another factor is that there should be reduction in the loan interest to make its payment convinient for the business owners. [/QUOTE]
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