• publisher: Not FEE
• date: 4/1/1952 12:00:00 AM
• originalFile: 530-there-is-no-such-thing-as-profit-before-taxes.pdf
• typeOfDocument: -1
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• correspondenceTo:
• docReferenceNumber: 530
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  II 
  • 
  There 
  • 
  IS no such thing as 
  Profit before Taxes 
  S
  OME LEFT-WING LABOR LEADERS and bureaucrats 
  are telling you that business can pay wage 
  increases out of profits without raising prices. And 
  they quote the "profits" of the companies or indus· 
  tries they are talking about. 
  They do not tell you that the "profit" they quote 
  is before taxes are paid, and any beginning book­
  keeper knows that such a figure means nothing. 
  You might as well give a figure of "profits b...

• categoryValue: Research Files
• mainDocument: 3372
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530-There Is No Such Thing As Profit Before Taxes.pdf