OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
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Got any idea how much the federal government has stolen from us in the "War on Poverty"....which has only given us more of it?
Poverty is caused by disproportionate wages vs. cost.
The best war on poverty is allowing business to take a 1:1 tax credit for employee expenses.
The second best is to raise minimum wage. The base for ALL salaries.
The best war on poverty is allowing business to take a 1:1 tax credit for employee expenses.
I just started a family business. We're going to buy $100,000 in goods and sell them for $110,000.
Our wages are going to be $200,000 a year.
How large is my tax refund?
Why would you receive a tax refund using a tax credit?
You just proved you don't even know what a tax credit is.
You just proved you don't even know what a tax credit is.
Tax credits for businesses are deducted at quarterly filings.