If taxes go up next year....

Two questions:

1. How much do you make?
2. How much are you gonna' pay them?


2 answers:

1. Enough to make it worthwhile.
2. Less than what I woulda paid to the IRS.


It ain't personal, and it ain't me either. I never made 6 figures in my life, dunno what Ravi makes but that ain't the point. The point is that when you raise tax rates the rich guys find ways to avoid paying more. One way or another, the rich do not put their money to more productive uses, the economy suffe4rs as a result, and THAT is the point.

Answer two is impossible. For each dollar of income the OP would divert to an employee in salary/benefits they would have only paid a fraction of a dollar to the IRS. On top of that they are going to have to pay the employer portion of payroll taxes, so they will still be making payments to the IRS either way.
 
I will hire a couple of people to do some of my job to avoid paying taxes on what would have been income and in the bargain, get more free time.

:)

And if you're a fool you'll believe that most business people won't do just that.

Your couple of people you hire will be paying taxes, right? I don't believe business are so foolish to to that either. As tax cuts are allow to expire, businesses will work even harder to make more money to make up for the tax hike. Don't be scared by scare tactics. I don't understand how you stay in business in the first place.

No....Small business will downsize and pass tax increases along to their end users.
Your lack of understanding of business operations is not surprising.
 
No one complain about the tax rate during the Clintion era and the tax rate is only going back to then and not being raised. Tax cuts caused a cut in revenue and a deficit plus the two wars.

Stop lying.

First, lots of people complained about the tax rates under Clinton.
Second, the rates are going to be higher than they were under Clinton once the Obamacare taxes kick in in 2014.


If you make less than $250,000 you will be paying less taxes then you ever have.

Not true. EVERYONE will see taxes increase.
 
Filing Status

Single

Tax Cuts Expire (2013 projected parameters)


$0 to $36,250:15%
$36,250 to $87,850: 28%
$87,850 to $183,200: 31%
$183,200 to $398,350: 36%
$398,350+: 39.6%


Current Policy (2013 projected parameters)

$0 to $8,950: 10%
$8,950 to $36,250: 15%
$36,250 to $87,850: 25%
$87,850 to $183,200: 28%
$183,200 to $398,350: 33%
$398,350+: 35%


Obama Proposal (2013 projected parameters)

$0 to $8,950: 10%
$8,950 to $36,250: 15%
$36,250 to $87,850: 25%
$87,850 to $183,200: 28%
$183,200 to $203,600: 33%
$203,600 to $398,350: 36%
$398,350+: 39.6%




Filing Status

Married Filing Jointly

Tax Cuts Expire (2013 projected parameters)


$0 to $60,550: 15%
$60,550 to $146,350: 28%
$146,350 to $223,050: 31%
$223,050 to $398,350: 36%
$398,350+: 39.6%


Current Policy (2013 projected parameters)

$0 to $17,900: 10%
$17,900 to $72,500: 15%
$72,500 to $146,350: 25%
$146,350 to $223,050: 28%
$223,050 to $398,350: 33%
$398,350+: 35%


Obama Proposal (2013 projected parameters)

$0 to $17,900: 10%
$17,900 to $72,500: 15%
$72,500 to $146,350: 25%
$146,350 to $223,050: 28%
$223,050 to $247,000: 33%
$247,000 to $398,350: 36%
$398,350+: 39.6%


That $250,000 Threshold: How Does It Work? | Tax Foundation
 
I will hire a couple of people to do some of my job to avoid paying taxes on what would have been income and in the bargain, get more free time.

:)

And if you're a fool you'll believe that most business people won't do just that.

It sounds like you are planning to hire two very incompetent people. :lol:

I think she mentioned 007 and Warbler. so you are correct.
 
Two questions:

1. How much do you make?
2. How much are you gonna' pay them?


2 answers:

1. Enough to make it worthwhile.
2. Less than what I woulda paid to the IRS.


It ain't personal, and it ain't me either. I never made 6 figures in my life, dunno what Ravi makes but that ain't the point. The point is that when you raise tax rates the rich guys find ways to avoid paying more. One way or another, the rich do not put their money to more productive uses, the economy suffe4rs as a result, and THAT is the point.
There is some truth in what you say, depending on how your income is earned. But if you own a business and want to avoid paying taxes you do actually put some of what you would have earned into the economy by hiring more people, giving the people that work for you a raise, opening an employee cafeteria, buying a company car, etc, instead of squirreling it away in your personal savings account after paying Uncle Sam his share.
 
I will hire a couple of people to do some of my job to avoid paying taxes on what would have been income and in the bargain, get more free time.

:)

And if you're a fool you'll believe that most business people won't do just that.

Your couple of people you hire will be paying taxes, right? I don't believe business are so foolish to to that either. As tax cuts are allow to expire, businesses will work even harder to make more money to make up for the tax hike. Don't be scared by scare tactics. I don't understand how you stay in business in the first place.
I'm not being scared by scare tactics....not sure how you got that out of my post.
 
I will hire a couple of people to do some of my job to avoid paying taxes on what would have been income and in the bargain, get more free time.

:)

And if you're a fool you'll believe that most business people won't do just that.

Many small businesses will cut their staffs and dial down their volume of gross sales to stay just under the magical $250k level.
Larger businesses with just over 50 employees will cut back to just under 50 employees to evade ACA mandates.
Many large employers will dump their employer paid insurance coverages and send their workers to the insurance exchanges. Paying the surcharge is less expensive.
And this is the purpose and goal of Obama care. To get as many people as possible on the government dole. The hope is Americans will just throw in the towel on socialized medicine.

No they won't. If they are making over $250K a year in personal profit, they will decide to go ahead and pay the extra tax on the next $50K or put that $50K back into their company. They will certainly not dial down their sales, what a foolish notion you have of business. :lol:
 
I will hire a couple of people to do some of my job to avoid paying taxes on what would have been income and in the bargain, get more free time.

:)

And if you're a fool you'll believe that most business people won't do just that.

Would you keep them under 30 hours a week? And why do you hate hatters? don't like hats?
 
I will hire a couple of people to do some of my job to avoid paying taxes on what would have been income and in the bargain, get more free time.

:)

And if you're a fool you'll believe that most business people won't do just that.

You could do that no matter what happened to the taxes.

And unless those new employees bring in more business than they will cost you, it's not a good decision to hire them.
 
I will hire a couple of people to do some of my job to avoid paying taxes on what would have been income and in the bargain, get more free time.

:)

And if you're a fool you'll believe that most business people won't do just that.

You are a minimum wage dumbfuck....

not even a little...

but if that makes you feel good.


(thoguh i'd bet most of the morons insulting her are).
 
I will hire a couple of people to do some of my job to avoid paying taxes on what would have been income and in the bargain, get more free time.

:)

And if you're a fool you'll believe that most business people won't do just that.

The bigger question is: Will you allow your employees to unionize? :razz:
 
I'm seriously considering saying "fuck it" and call it a day. I don't need the bullshit anymore and can afford to ride off into the sunset and spend as much time in Canada hunting and fishing as I can. Wasn't planning on closing shop for another 5yrs or so but it is what it is.

Sucks for the 12 guys I employ, but I'm not Santa Clause, look to Washington for him.
 
I'm seriously considering saying "fuck it" and call it a day. I don't need the bullshit anymore and can afford to ride off into the sunset and spend as much time in Canada hunting and fishing as I can. Wasn't planning on closing shop for another 5yrs or so but it is what it is.

Sucks for the 12 guys I employ, but I'm not Santa Clause, look to Washington for him.

of course you are...

like you make over $250,000 a year and are going to be affected by any of this.

:lmao:
 
I'm seriously considering saying "fuck it" and call it a day. I don't need the bullshit anymore and can afford to ride off into the sunset and spend as much time in Canada hunting and fishing as I can. Wasn't planning on closing shop for another 5yrs or so but it is what it is.

Sucks for the 12 guys I employ, but I'm not Santa Clause, look to Washington for him.

I'm trying to save every cent I can for the next few years...
I just know with the Dems in power my retirement accounts are not safe...
They are like fresh meat to a pack of wolves.
Democrats are just waiting for their plan to come together so they can pounce
on them and have them controlled by government...

I hate these friggin people.
Maybe come retirement I head into Canada as well...and live in the wilderness.
This country is fucked right now and no end in sight as to how much the Libs wanna screw it up.
 
I'm seriously considering saying "fuck it" and call it a day. I don't need the bullshit anymore and can afford to ride off into the sunset and spend as much time in Canada hunting and fishing as I can. Wasn't planning on closing shop for another 5yrs or so but it is what it is.

Sucks for the 12 guys I employ, but I'm not Santa Clause, look to Washington for him.

I'm trying to save every cent I can for the next few years...
I just know with the Dems in power my retirement accounts are not safe...
They are like fresh meat to a pack of wolves.
Democrats are just waiting for their plan to come together so they can pounce
on them and have them controlled by government...

I hate these friggin people.
Maybe come retirement I head into Canada as well...and live in the wilderness.
This country is fucked right now and no end in sight as to how much the Libs wanna screw it up.

irrational and not fact-based...

when bush left office, the stock market was in the cellar...

how are your stocks now?

and, for the record, our economy ALWAYS does better under democrats than under republicans. but i suppose if facts trouble you...
 
No one complain about the tax rate during the Clintion era and the tax rate is only going back to then and not being raised. Tax cuts caused a cut in revenue and a deficit plus the two wars.

Stop lying.

First, lots of people complained about the tax rates under Clinton.
Second, the rates are going to be higher than they were under Clinton once the Obamacare taxes kick in in 2014.

If you are right, sit back and enjoy. This should make it that much easier to get a conservative or a Republican elected. You can be the big heroes, rolling back the tax rates, saving the common man from themselves because you know better. I'll be great.:eusa_shhh:
 
Two questions:

1. How much do you make?
2. How much are you gonna' pay them?


2 answers:

1. Enough to make it worthwhile.
2. Less than what I woulda paid to the IRS.


It ain't personal, and it ain't me either. I never made 6 figures in my life, dunno what Ravi makes but that ain't the point. The point is that when you raise tax rates the rich guys find ways to avoid paying more. One way or another, the rich do not put their money to more productive uses, the economy suffe4rs as a result, and THAT is the point.

Lol, I don't think that was Ravi's point.
 

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