Tax on interest
Jordan Hayes
jmhayes at j-o-r-d-a-n.com
Tue Feb 11 23:34:36 PST 2003
> From: "Michael Pollak" <mpollak at panix.com>
>
> What was the original justification for not charging tax
> on interest?
The same one that's for any other deductible expense: it's a cost of
generating revenue.
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