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And he has a tax lien against him.
Yeah... uh huh Ravi... the rest of the company profit is just swept to the wayside and untaxed?
No ravi... that is not the case... the business, whether llp, llc, or whatever will be taxed on your individual tax return of the full income, not just the 'salary' you set aside for yourself... that is still a tax on the small business owner... and with those taxes increasing and hurting the small business owner, it will indeed be passed on to the public
And any money used to hire people would reduce the small business tax burden because it is DEDUCTIBLE.
don't confuse them with the facts Jillian...
Seriously, it's like watching my blind dog bump into the furniture. I'd feel bad for ya if it weren't so damn funny.
BOB you mean the uh Uh Uh uh dude ? Shit he doesnt even wear a flag pin, never was in the sevice and is a member of the bowling comission.
Just another day in libwaland!
you know, I notice you pull this kind of crap out everytime your side is made to look like fools.
And any money used to hire people would reduce the small business tax burden because it is DEDUCTIBLE.
Brian Kettenring, an ACORN spokesman, said its employees flagged questionable registration forms for election officials in 11 states, none of which is investigating the group. He also said he did not believe a `Mickey Mouse' voter registration card in Orlando, Fla., was submitted by an ACORN worker.
i just found out bob has a confederate battle flag tattooed on his ass and worships bob vila in ceremonies reminiscent of devil worship
GO JOE!
Thats hilarious, and he wants to borrow money to start a plumbing business, sounds like a republican, borrow as much as you can but dont pay on what you owe, what a dumbass, this guy has no idea what he has gotten himself into, he will be ripped to shredds.
Under Obama's proposal, Wurzelbacher would face about $900 more in taxes if he netted $280,000 of income from his new business, said Gerald Prante, a senior economist at the Tax Foundation, a Washington research group that is examining both candidates' plans. ``His average tax burden, the final bill he pays to the IRS isn't going to go up much if he's just making $280,000 a year,'' Prante said. He would face higher marginal tax costs to expand the business beyond that, he said.
he would not buy the business because of 900 bucks?
yeah right.
You all got it all wrong. Here's the best plummer...
But if more profits are taxed, or more reinvestment monies one would normally use.... it still hurts the bottom line.. and that usually is fixed by less pay, less pay raises, or eliminating salary output in some other way... including the passing of the added burden onto the price to the public
Just another day in libwaland!
