ST Alpha - "The one thing that seems to be misunderstood about the $250K seems to be the difference between a small business bringing in that much vs income. -- nm" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 167

In response to "More on "Joe the Plumber" -- (link)" by znufrii

The one thing that seems to be misunderstood about the $250K seems to be the difference between a small business bringing in that much vs income. -- nm

Posted by Dano Go Lucky (aka dano) Oct 16 '08, 11:39

(No message)

Responses:

More like 99% of Americans don't care to start their own business, ever -- nm - con_carne Oct 16, 11:41 1
- and 99% of the 1% who do will claim less than $250,000 income. -- nm - JaxSean Oct 16, 11:45
or more accurately, revenue vs. earnings -- nm - znufrii Oct 16, 11:40
That whole thing is kinda fuzzy for me. -- nm - Jim Oct 16, 11:40 4
- In that there is a difference between a business earning in excess of $250K, but the owner making less than that. -- nm - TFox Oct 16, 11:44 3
  - For most small businesses, that is the same, if by earnings you mean net income -- nm - con_carne Oct 16, 11:46 1
    - (sole proprietorships) -- nm - con_carne Oct 16, 11:47
  - The whole tax plan and how it effects the small business owner, who's business makes that much, but he does not. - Jim Oct 16, 11:46

Post a message top

Replies are disabled on threads older than 7 days.