you don't pay taxes based on gross, but on net. joe could gross 10 million
and net 50k. it is the latter number that matters.
On Fri, Oct 17, 2008 at 10:36 PM, Loren Faeth [EMAIL PROTECTED]wrote:
At 08:02 PM 10/17/2008, you wrote:
My understanding is that Obama said that less than 2% of
All this talk is pretty much irrelevant anyway. Osama Apollo bamo will
get in there, then discover he is going to have to RAISE taxes in order
to pay back China. Whoever gets in there, our taxes WILL go up.
OK Don wrote:
That net of 10% is AFTER the salaries have been paid, including that
of
Yup - WE are going to pay for Bush's follies.
On Sat, Oct 18, 2008 at 10:19 AM, Kaleb C. Striplin [EMAIL PROTECTED] wrote:
All this talk is pretty much irrelevant anyway. Osama Apollo bamo will get
in there, then discover he is going to have to RAISE taxes in order to pay
back China. Whoever
At 08:02 PM 10/17/2008, you wrote:
My understanding is that Obama said that less than 2% of small
businesses bring in more than 250K.
http://www.smh.com.au/news/web/internet-abuzz-with-joe-the-plumber/2008/10/17/1223750299721.html
As with most things in the media, this is hogwash. Small
That net of 10% is AFTER the salaries have been paid, including that
of the owner -- the 10% is profit, not salary.
Back to Joe --
UPDATE, Oct. 17: The Wall Street Journal's Jonathan Weisman has more
detail on the company Wurzelbacher hope to buy someday:
The company, A.W. Newell Inc., with
