The truth about jobs that no one wants to tell

[Heracles 417]

So are you guys still all for allowing the 20 million illegal aliens to continue to work here? While Americans remain dirt poor

We support your sorry butt.

You do? Funny considering I pay more in federal tax than the average gross household income for the entire country.

[spookyturtle 9,466]

So are you guys still all for allowing the 20 million illegal aliens to continue to work here? While Americans remain dirt poor

We support your sorry butt.

You do? Funny considering I pay more in federal tax than the average gross household income for the entire country.

I pay more than you, blowhard.

[Heracles 417]

I pay more than you, blowhard.

You did say you're "high profile".

[I AM NOT THAT GUY 5,715]

So are you guys still all for allowing the 20 million illegal aliens to continue to work here? While Americans remain dirt poor

We support your sorry butt.

You do? Funny considering I pay more in federal tax than the average gross household income for the entire country.

So, you make enough money to pay a lot of taxes, but not smart enough to avoid them? The poor in this county love you, Booyah!

[spookyturtle 9,466]

I pay more than you, blowhard.

You did say you're "high profile".

Go read what I said, dickwad.

[Heracles 417]

So, you make enough money to pay a lot of taxes, but not smart enough to avoid them? The poor in this county love you, Booyah!

I don't have property here nor want to buy any. I certainly don't want to pump a single cent into US retirement plans either. Don't own a small business either; which is the ultimate joke of a tax deduction.

Doesn't leave much else.

Edited October 4, 2009 by Booyah!

[spookyturtle 9,466]

So, you make enough money to pay a lot of taxes, but not smart enough to avoid them? The poor in this county love you, Booyah!

I don't have property here nor want to buy any. I certainly don't want to pump a single cent into US retirement plans either. Doesn't leave much else.

You don't have any because your wife can't afford any as she has to support your sorry carcass.

[I AM NOT THAT GUY 5,715]

So, you make enough money to pay a lot of taxes, but not smart enough to avoid them? The poor in this county love you, Booyah!

I don't have property here nor want to buy any. I certainly don't want to pump a single cent into US retirement plans either. Doesn't leave much else.

There are ways. For instance, you can pump money into a bussiness. You only have to show a "profit" once in a while. There are lots of franchises out there that pretty much run themselves. Lots of folks living off prior earnings take that route, like movie stars and professional players.

Edited October 4, 2009 by Lone Ranger

[spookyturtle 9,466]

So, you make enough money to pay a lot of taxes, but not smart enough to avoid them? The poor in this county love you, Booyah!

I don't have property here nor want to buy any. I certainly don't want to pump a single cent into US retirement plans either. Doesn't leave much else.

There are ways. For instance, you can pump mony into a bussiness. You only have to show a "profit" once in a while. There are lots of franchises out there that pretty much run themselves.

He's a blowhard, Bill. All talk.

[Heracles 417]

There are ways. For instance, you can pump mony into a bussiness. You only have to show a "profit" once in a while. There are lots of franchises out there that pretty much run themselves.

I added that to the post. It angers me that someone earning ~$260K gets nowhere near the tax deductions that someone with a small business making even ~$300K gets to claim. Most of my invests are overseas. Well all actually.

How is that fair?

Edited October 4, 2009 by Booyah!

[spookyturtle 9,466]

There are ways. For instance, you can pump mony into a bussiness. You only have to show a "profit" once in a while. There are lots of franchises out there that pretty much run themselves.

I added that to the post. It angers me that someone earning ~$260K gets nowhere near the tax deductions that someone with a small business making even ~$300K gets to claim.

How is that fair?

Who makes 260k at Walmart? Are you the greeter handing out smiley stickers to the kids?

[I AM NOT THAT GUY 5,715]

There are ways. For instance, you can pump mony into a bussiness. You only have to show a "profit" once in a while. There are lots of franchises out there that pretty much run themselves.

I added that to the post. It angers me that someone earning ~$260K gets nowhere near the tax deductions that someone with a small business making even ~$300K gets to claim.

How is that fair?

You will have to run a bussiness and find out. And they are not tax deductions, they are "expenses". Get a clue. Talk to your tax adviser.

Edited October 4, 2009 by Lone Ranger

[Heracles 417]

You will have to run a bussiness and find out. And they are not tax deuctions, they are "expenses". Get a clue. Talk to your tax adviser.

That's not what I asked. Two people are pocketing close to $300k. So why is the small business owner allowed to make all of these "expense claims", including their vehicle, whereas the employee is not. How is that fair? Both of these individuals should pay the same tax.

[spookyturtle 9,466]

You will have to run a bussiness and find out. And they are not tax deuctions, they are "expenses". Get a clue. Talk to your tax adviser.

That's not what I asked. Two people are pocketing close to $300k. So why is the small business owner allowed to make all of these "expense claims", including their vehicle, whereas the employee is not. How is that fair? Both of these individuals should pay the same tax.

Because it is a business related expense, part of the cost of doing business.

[Heracles 417]

Because it is a business related expense, part of the cost of doing business.

So why should they be treated any differently over an employee?

It still does not answer why someone taking home $300k as an employee must pay the full tax rate. While another individual who is a small business owner taking home the same amount, is able to offset the tax with a range of deductions. How do I get to work without a car? Yet I cannot claim it or my fuel. Whereas, the small business owners I know, all claim their personal vehicles.

Edited October 4, 2009 by Booyah!