The definition I'm using for earnings is deduction

The definition I'm using for earnings is deduction from revenue All Operational Expenses which includes state and federal taxes. Both of use are just speculating. I'm retired now and have owned three businesses and I'm using my experience having operating these businesses to come up with my figures. California state taxes and Obama's new federal taxes coming up will not be favorable to the bottom line. Tom says he will be opening three new offices and he is out sourcing shipment of the products and also a sales staff. All of this adds up in a hurry. After a few revenue reports, that should take out the speculation.