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  • From: "Marie McHarry" <mmcharry AT gmail.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Scary as h*ll
  • Date: Thu, 16 Oct 2008 22:11:16 -0500

On Thu, Oct 16, 2008 at 10:57 PM, Lynda <lurine AT softcom.net> wrote:

> Does no one know basic accounting principals? Why bother growing a business
> when as you reach each new level your taxes grow expotentially?

A 3 percent marginal tax rate does not represent exponential growth.
Or do you not know what exponential means?

Marie




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