Quote:
Originally Posted by Grapesoda
try and understand this fuckwad: I'm not calming ANYTHING,I read and article and posted the articular here at GFY, now I'm reading the opinion of others and following the threads they post...
instead of shouting out your ass like you always do try and form an open minded opinion.
I can tell you this from MY personal experience 'as a small business owner' though... after my medical cost more than doubled I spend less money in the community...
I'm sure you'll point to some other source telling me I'm lying and pushing a right wing agenda HOW THE FUCK EVER.. the statement is true.
between paying over 53% federal/state and city tax, a 12% self employed tax, then Obama care lifting about 10K from my after tax dollars... I don't spend much anymore...
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You need to downgrade your standard of living if you can't afford to spend much. You can do that by moving to a state with a lower tax rate and or no self employment tax. Also if you have an SCorp and pay out 60/40 salary/dividends you avoid the self employment tax, still true?
For example: You live in Montana. If you moved to Wyoming, you'd have no state tax.