“Taxable income” means any and all income earned or received by an individual or an entity, the taxation of which by the City is not prohibited by federal law, state law or specifically exempted under Section 193.29. Wages, salaries, lottery winnings, or other winnings from any and all types of gambling shall be considered taxable income. All employee compensation, before any deduction and/or net profits from the operation of a business, profession or other enterprise or activity adjusted in accordance with the provisions of this chapter, shall be considered taxable income.
(Ord. 2004-015. Passed 2-3-04.)