"by definition, net is what is left after taxes.
but you knew that, right?"

It's called a Net Income Tax but yes that is my bad. You are taxed on Earnings. Nothing gross about it though.

Gross - corp welfare = earnings - tax = net income


Edited by stlhead (02/03/12 05:48 PM)
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"You learn more from losing than you do from winning." Lou Pinella