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To: DonaldC
If we are talking net, I don’t see the issue. If we are talking gross, that is clearly a problem. Has anyone ever figured out what the 250k is referring to...net or gross? I don’t know of any taxing involving gross, so I am assuming net but it would be nice to know for sure.

The discussion must be about net, not gross. Otherwise, the higher tax rates would not apply. The net is his profit that he can invest. BHO wants to confiscate his profits limiting his ability to expand his business. This scenario will be played over and over again. Even if this business owner does not want to use his profits to invest in his own business, he could use his profits to invest in other businesses.

76 posted on 10/16/2008 8:36:52 AM PDT by businessprofessor
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To: businessprofessor

I don’t think Obambi knows the difference between gross, net, a sub chapter S or a McDonald’s Filet’OFish.


83 posted on 10/16/2008 8:39:47 AM PDT by mnehring
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