Ravi
Diamond Member
pb, setting aside the question of if you actually have a business or not, if you make $500,000 a year you would end up paying an additional $4509 assuming the highest tax bracket is raised from 35% to 38% (assuming no deductions).
Here's a link to the IRS 2007 Tax Table. Page 13.
You're a joke. Not only do you not understand that small business don't pay income tax, you also don't even understand the most rudimentary tax law.
http://www.irs.gov/pub/irs-pdf/i1040tt.pdf
Here's a link to the IRS 2007 Tax Table. Page 13.
You're a joke. Not only do you not understand that small business don't pay income tax, you also don't even understand the most rudimentary tax law.
http://www.irs.gov/pub/irs-pdf/i1040tt.pdf