Unfortunately, in California, that figure is barely enough to raise a family.
If you net more than $250,000 a year, you're almost certainly a millionaire.
BTW, the definition of "small business" is any business with less than 400
employees. The top 3% of companies with less than 400 employees have owners who
would be affected by the tax change.
L.
--- In FairfieldLife@
Yes, I am tickled because we need to spread the wealth around a bit...don't you
agree...
Or, would you rather have greed destroy everything?
Since Reagan sold out the country to corporations and the military, the greed
factor and 'superior elitists' factor, is hurting us all..
No one likes greed.