Current taxes system:
"Taxes are paid for all profits you make.
There are here four "tax brackets":
Gross sales <= 500,000 --> no taxes
Gross sales <= 2,000,000 --> 5%
Gross sales <= 5,000,000 --> 10%
Gross sales > 5,000,000 --> 15%"
I propose:
Taxes are paid for all profits you make.
There are here four "tax brackets":
Gross sales <= 6,000,000 --> no taxes
Gross sales <= 24,000,000 --> 5%
Gross sales <= 60,000,000 --> 10%
Gross sales > 60,000,000 --> 15%"
We pay in january each year. We pay taxes on profits of preceding year.