Return to Index  

"economic illiterates"?

July 12 2011 at 10:28 AM
  (Login Nafana)
Forum Owner


Response to Taxes

 

I'm not such a "economic illeterate" Brandon. Years ago I was involved in running a business- and I did the bookkeeping and taxes for a time- and I know that the owner of a business only pays tax on NET INCOME AFTER all business expenses are deducted. And you know what? Employee salaries are a deductible business expense- which employers DO NOT PAY TAXES ON! which is why all this right-wing rhetoric about taxes hurting employment is bullshit.

And as for the rich keeping their money in "tax sheltered investments"- best reason I know to do away with such things and get that money back into the economy spreading the wealth around.

 
 Respond to this message   
Responses

  1. TIDYING UP - Nat on Jul 14
    1. The Conversation is good - Bob on Jul 14
      1. Forum formats - Nat on Jul 14
     
Find more forums on SocietyCreate your own forum at Network54
 Copyright © 1999-2014 Network54. All rights reserved.   Terms of Use   Privacy Statement