| Home |
| Search |
| Today's Posts |
|
#1
posted to rec.boats
|
|||
|
|||
The real numbers ...
On 5/15/14, 4:59 PM, jps wrote:
On Thu, 15 May 2014 16:57:50 -0400, wrote: On Thu, 15 May 2014 13:05:38 -0700, jps wrote: The lower premiums are acheived through tax breaks that our company would not receive if we simply used the funds for business expense. Which throws you back to the "put the load on our kids" thing. It is an unfunded government subsidy hiding in the tax code. Oh, you mean like the ridiculously low tax rate on investments that lines the pockets of the wealthy and super wealthy? You mean the low qualified dividends rate? Hell I would be happy to pay 35% on those dividends. If they were not already taxed at 39% at thE Corporate level (AMONG THE HIGHEST IN THE WORLD.) So the effective tax rate on those dividends are closer to 50%. How about we tax that salary of yours the same. You pay on it at ordinary income, but since you are the owner, you do not get to take the salary as an expense to the company. Hell, lets not allow any salary to be listed as an expense. It all comes from after tax dollars to the company. You should love it, as you already stated you liked the high tax rate on investments |
| Thread Tools | Search this Thread |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Forum | |||
| The real numbers ... | General | |||
| The real numbers ... | General | |||
| Vendee Globe virtual following in real time and real winds | General | |||
| Vendee Globe virtual following in real time and real winds | Electronics | |||
| Vendee Globe virtual following in real time and real winds | Boat Building | |||
![Bill McKee[_2_] is offline](https://www.boatbanter.com/images/SultanThemeVB3R/statusicon/user_offline.gif)
Threaded Mode
