Replies

Go ahead with your plans, only be a one man operation. Take your taxable income to just under $250000.00.

You will get a tax credit, (welfare check) to boot.

What more would you want? lol extreme sarcasm.

That is just exactly what I would do now, and did when Clinton raised the taxes and made the retro to the beginning of the year when he went into office.

I sold real estate, and figured if I sold 10 or so less homes, I would lower my taxable income. I paid less in, yet increased my bottom line income. Get it down to a lower tax bracket.

If you work by the hour, do the math. Will a raise put you in the next tax bracket, then you will have to pay more and net less than you would without the raise. Refuse the raise.

Just my opinion for me.

It’s funny how tax credits are welfare checks now? We’ve always had tax credits. There’s a child tax credit still, isn’t there, and remember the renter’s credit? And McCain’s going to give us a credit for our health insurance.

Go ahead with your plans, only be a one man operation.

Thanks for your reply and advise.

However, if what I have in mind becomes successful, it could turn out to be a many people operation. In fact, if it did become as successful as I envision, it would become, within a few months or a couple of years, a company of a few thousand employees, or perhaps even more.

And, since it's in the field of news and opinion, I would also be very leery about new regulations coming from an Obama and democrat congress regarding free-speech and the "fairness doctrine".