If you had a goose that laid golden eggs.....

[PPHSfan]

......and you paid taxes on each egg that it laid. And the government wanted to tax your goose, because the goose produced five billion in profits by laying golden eggs, how would you tax the goose? Would you like, cut off a leg or something? Cause that would probably suck, if the goose quit laying taxable eggs after the amputation.

[Blastoderm55]

Originally posted by PPHSfan
......and you paid taxes on each egg that it laid. And the government wanted to tax your goose, because the goose produced five billion in profits by laying golden eggs, how would you tax the goose? Would you like, cut off a leg or something? Cause that would probably suck, if the goose quit laying taxable eggs after the amputation.

Don't cut the goose. Depreciate it. what's the useful life of a goose? And its capital value to you is pretty high if its producing gold, so you should be able to write-off a substantial amount each year thanks to depreciation. And do you need midwives to help the goose with those eggs after hatching? Labor costs, baby, and plenty of it.

Best Regards,

GE