tag:blogger.com,1999:blog-983178384029229442.post7614967085874741598..comments2023-08-19T04:09:35.474-04:00Comments on The Water is Poison: Obama considering corporate tax cutkonquererzhttp://www.blogger.com/profile/01692272304707484108noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-983178384029229442.post-70769258895881188582008-11-03T23:28:00.000-05:002008-11-03T23:28:00.000-05:00They wont have to pay anything in tax. There net i...They wont have to pay anything in tax. There net income is below 250k as u say it's 45k. The gross income is the revenue before they pay expenses to run the business, and that's not taxed.<BR/><BR/>So your friends will be getting more money, not less...<BR/><BR/>So what's the problem?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-983178384029229442.post-77945390040127146392008-10-03T12:44:00.000-04:002008-10-03T12:44:00.000-04:00the bodega across the street from me takes in clos...the bodega across the street from me takes in close to 500,000 a year gross...the 2 brothers who own it pull in about $45,000 each per year....those poor shlubs are somehow going to have to come up with an extra 10+ grand a year for corporate taxes (in addition to the cost of all their products and services going up across the board) they are close friends of mine and are very worried that obama has no idea what it's like to run a small business nowadaysAnonymousnoreply@blogger.com