DISQUS

DISQUS Hello!  The comments on this profile are unclaimed and thus are unverified.

Do they belong to you? Claim these comments.

Gary's picture

Unregistered

Feeds

aliases

  • Gary

Gary

8 months ago

in Obama Revisits Joe the Plumber on the Stump on The Washington Independent
Obama just uses talking points and doesn't listen!

"Joe the plumber" wants to move from being a "plumber" to a "small business owner" where profits from his company along with his salery will but him abover the $250,000 income range. He's more than just a plumber!

As an owner of a small company you generaly show your profits as personal income to avoid the much higher corporation tax.

If you as the investor in a company pay yourself $100,000 and your company makes $150,000 in profits...guess what, your rich and are taxed higher.

That means less to re-invest in the company, less to give to employee's!!
Returning? Login