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Taxes... you suck!

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Old 02-16-2010, 12:28 AM
mikekey's Avatar
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Originally Posted by auditech79
One word, corporation. Even if you own your own company, its worth its weight in gold to have a lawyer start a corp. for you. My company hasn't paid taxes in 3 years, and thanks to obama, the laws going to change so i probably won't have to pay for several more LOL. Corporations get taxed differently than you and I, you get taxed on how much you make, corporations pay taxes on whats left over at the end of the fiscal year. So lets say i make $300,000 this year, and i spend $280,000, i only pay taxes on the 20k, less than you pay and i make 10 times as much. Its why the rich always seem to get richer while the middle class gets f&%&*

Well Obama isn't helping the middle class out either, as my parents are finding out, and he isn't giving me any real incentives to actually spend more money expanding and hiring more people. And he's making more red tape with insurance industries which is making it more difficult for me to run my non profit.
 
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