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Originally posted by mental modulator
How about paying $30,000 a month for 60 pills as my father does for one prescription?
Originally posted by mikerussellus
reply to post by milesp
I just signed on with a literary agent today! Yipee for me. I guess I'm going to have to limit any advances, or sales on my book to under 250K a year.
I wouldn't want to become one of those FILTHY RICH people that make. . .
Oh, wait a minute...Obama's plan calls for 250K (rich people) if you're married.
It's 200K if you're single.
I suppose my wife could quit her job, go on unemployment. . .
And remember, it's 250K for assets, not money in the bank. So if you own a hotdog stand and the property it sits on is 250K or more, then you are now known as one of those filthy rich, evil, satanic, greedy people that can't have any of the money that you've worked hard all your life for. . . .
Do Small Businesses pay taxes on their gross revenues or their net income?
As a small business owner who claims small business income on your individual tax return (whether through a sole proprietorship, partnership, or S-corp) you pay individual income taxes only on your net income — or profit — and not on your firm’s gross revenue. Accordingly, when Obama says that he would roll back the Bush tax cuts for all couples earning more than $250,000 a year, these income figures include only net income that a small business owner takes home. Because net income is usually far lower than gross revenue, even if your revenue is above $250,000 you are still likely to get a tax cut under Obama’s tax plan. If you are a small business owner using the tax calculator, you should select your income level based on the net income you claim — your revenues minus your costs — to see how you would fare under each candidate.
if your revenue is above two-fifty, then from two-fifty down your tax is going to stay the same. It is true that for say two-fifty up ... for that additional amount you go from 36-39% which is what it was under Bill Clinton.
Originally posted by marg6043
But he is !!!!!!! he is the Robin hood of the poor, stealing from the private job creators to keep the free loaders healthy so they can breed more free loaders.