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To: MulhollandDrive who wrote (315054)7/16/2009 11:26:12 AM
From: Oral Roberts  Read Replies (1) | Respond to of 793916
 
so note to self....do not 'earn' any more than $350k per year

I see little risk of that happening this year:(



To: MulhollandDrive who wrote (315054)7/16/2009 12:45:32 PM
From: Brumar891 Recommendation  Respond to of 793916
 
under a C corp you can 'manage' your compensation

Does it occur to tax raisers that their targets will react to what they do?

That a lot of "rich" people can choose how they're compensated?

How did employer sponsored health and life insurance get started? Wasn't it to give businesses a way to compensate people more when they weren't allowed to give raises? Did high income tax rates have something to do with the start of stock options ie converting ordinary income to capital gains?

Nah, just raise tax rates, people will just lie there and pay them.



To: MulhollandDrive who wrote (315054)7/16/2009 1:09:55 PM
From: Neeka  Read Replies (1) | Respond to of 793916
 
We do get a small amount of medical deduction when we file. I have needed to talk to CPA about that since it was brought up earlier on this thread, but she charges a small fortune every time she picks up a call from us.

We're still in the discover and reflection stage.

P.S. I would lower that figure to $279,000 if I were you. NG