SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Neeka who wrote (275900)9/15/2010 12:18:53 PM
From: John KoligmanRespond to of 306849
 
I'm not sure at this point as you need to better explain to me exactly what your point is with the example. When I look at a 1040 you generally pay taxes after deducting business expenses (via Schedule C), so is there something unique with the type of corporation in your example where this isn't the case? If so, perhaps the 'fix' for 'Mr. Widgetmaster' is a change in corporate structure.

Regards,
John

PS - And even if he did have to pay a higher tax rate, it would be a couple percentage points on the income over 250k, true? His other costs probably go up more than that, not that anyone relishes paying higher taxes...