Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: JRandomFreeper

I am sure you are aware that the 39.6% rate applies only to income above $450,000. The first $450,000 income stays at Bush tax rates. So if you earn $550,000, the higher tax rate applies only to the last $100,000. Which means $4600 more in tax. That is a lot but not enough to kill your business. I hope you do not shut down your business.


70 posted on 01/01/2013 10:00:27 PM PST by entropy12 (The republic is doomed when people figure out they can get free stuff by voting democrats)
[ Post Reply | Private Reply | To 65 | View Replies ]


To: entropy12
That is a lot but not enough to kill your business.

Fat lot you know. I've already let one staffer know to not come in tomorrow.

S' over. So long, farewell, auf Wiedersehen.

I'm also not buying fresh ammo for the grand-kid's nanny to practice with.

Jim got a Jackson out of me today, but from here on out, figure on using a crowbar to remove pennies from my...

/johnny

72 posted on 01/01/2013 10:10:14 PM PST by JRandomFreeper (Gone Galt)
[ Post Reply | Private Reply | To 70 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson