Re: Smith and Mill: Georgists?

From: Robert J. Kolker (robert_kolker_at_hotmail.com)
Date: 06/05/04 

Date: Sat, 05 Jun 2004 01:32:44 GMT

Robert J. Kolker wrote:

>
>
> royls@telus.net wrote:
>
>>
>> ROTFL!! You continue to humiliate yourself in these discussions
>> because you cannot bear to think that you are wrong, and must
>> therefore always try to rescue your arguments, no matter how often I
>> demolish them.
>>
>> It's a rather sad spectacle, really.
>
>
> ROTFL yourself. Is profit = income = expense. Yes or No?

Make that

Is profit = income - expense. Yes or No. If No, define the profit a
business makes. If Yes then the expenses of the business are covered by
the income revenues and the tax is covered because it is an expense of
doing business.

Bob Kolker

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