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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Rambi who wrote (90315)10/16/2008 12:06:01 PM
From: Lane3  Read Replies (1) | Respond to of 541921
 
Why is expanding the business an aftertax expense?

I'm out of my element discussing small business, let alone their taxes. I have already exhausted my tiny knowledge of the subject. I do not have any friends or relatives who are sole proprietors. Never have had. My exposure to them has only been what I picked up doing business with them. I go to ethnic restaurants. I see how frugally they live. Whether they pay themselves a salary, or how much of a salary, dunno. I see the family buying the car wash next door. It's hard to imagine writing that off as a business expense of the restaurant, but what do I know? I do know that being able to write something off means that you still have to pay most of the cost of it.