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<p>[QUOTE=&quot;Treashunt, post: 1018765, member: 6763&quot;]The tax is on the PROFITS, not the gross sales price. Therefore, you&#039;d still have 72% left.</p><p><br /></p><p>&nbsp;</p><p><br /></p><p><br /></p><p>Obama has NOTHING to do with this, the&nbsp; 16th amendment to the constitution was the cause of income taxes, not the current administration. It was ratified February 3, 1913.&nbsp; I don&#039;t believe that the current President was born yet.</p><p><br /></p><p><br /></p><p>&nbsp;</p><p>AGREED![/QUOTE]</p><p><br /></p>

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