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President Obama!
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<blockquote data-quote="bbsam" data-source="post: 687432" data-attributes="member: 22662"><p><strong>Re: Obamanation here today</strong></p><p></p><p>Do you people have no business sense whatsoever? The unfairness come in the form of tax deductions and subsequent "taxable income". The $250,000 stock broker can easily take advantage of these deductions and bring his income down to a level close to the $50,000 brick layer. Or the $120,000 Fedex Contractor can eye that new 2010 Chevy Camaro not as a childish, lustful desire, but a "corporate vehicle". The newer house with the higher mortgage payment brings with it the "home office" with higher tax deduction. Since the business is incorporated, much of the income is either untaxed or taxed at a lower rate. I personally don't bother with the specifics. Let the accountants do that. But really, the laws and tax structure of this country are made, bought, and paid for by corporate entities and the tend to favor themselves. Surprise, surprise, surprise!</p></blockquote><p></p>
[QUOTE="bbsam, post: 687432, member: 22662"] [b]Re: Obamanation here today[/b] Do you people have no business sense whatsoever? The unfairness come in the form of tax deductions and subsequent "taxable income". The $250,000 stock broker can easily take advantage of these deductions and bring his income down to a level close to the $50,000 brick layer. Or the $120,000 Fedex Contractor can eye that new 2010 Chevy Camaro not as a childish, lustful desire, but a "corporate vehicle". The newer house with the higher mortgage payment brings with it the "home office" with higher tax deduction. Since the business is incorporated, much of the income is either untaxed or taxed at a lower rate. I personally don't bother with the specifics. Let the accountants do that. But really, the laws and tax structure of this country are made, bought, and paid for by corporate entities and the tend to favor themselves. Surprise, surprise, surprise! [/QUOTE]
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