To: JLS; NeonKnight
Yeah, but if they paid in cash then they don't pay the 10% to the bail bondsman and that's a guarantee. Is that 10% tax deductible? And all the calculations on earnings don't include that tax that would be paid on those earnings which, if you can round up $400,000 on a moment's notice, then is probably going to be in the highest bracket. And the lost earnings also depend on how long the $400,000 is unavailable.
Look, I agree with everyone about the foregone earnings and/or interest if they had to borrow the money, I was just trying to figure out how the system works and the answer is that if you pay in cash then you get all your cash back.
To: Locomotive Breath
482 posted on
05/20/2006 10:28:37 AM PDT by
GAgal
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