oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA
| Re: well.... Because of what...the money used for the reinvestment isn't profit. That money is spend on expansion and is no longer disposable just like the money used to pay for the building leases, wages, and other overhead. It's not stuffed in a mattress.
If they were taxed on the money used for expansion not only would they have spent the money for the expansion but then have to spend even more to cover the taxes on the money used for the expansion.
What some in gov't can't understand is they would see FAR more revenue by making it EASIER not HARDER to expand business.
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