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That is so true. Obama is busy trying to tax the rich and don't mess with the people making less than $200,000 per year. When you try to pull that stuff on business, they have too many ways to get around it. I could give you 100 examples. Do you think private jets are taxable? No, they are a business expense... and if you don't know the difference between expense, income and profit, then you voted for Obama. Unless you have a flat tax on money that comes in the door (income), business will dodge it. Don't mess with business. Tax the employees (including the bosses and investors) who take money from the business. It's a lot harder to dodge a W-2 or 1099 when the IRS has a copy. Get your tax revenue from places where you can see money change hands.
That is so true. Obama is busy trying to tax the rich and don't mess with the people making less than $200,000 per year. When you try to pull that stuff on business, they have too many ways to get around it.
I could give you 100 examples. Do you think private jets are taxable? No, they are a business expense... and if you don't know the difference between expense, income and profit, then you voted for Obama. Unless you have a flat tax on money that comes in the door (income), business will dodge it.
Don't mess with business. Tax the employees (including the bosses and investors) who take money from the business. It's a lot harder to dodge a W-2 or 1099 when the IRS has a copy. Get your tax revenue from places where you can see money change hands.
