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To: mnehrling
Yo Janet. $250k gross on an individual filing as a sub chapter S corp, after he pays contract workers, vehicles, etc, may net under $40k. You tack on another, say $15K in taxes and you will ruin him.

You are right on. Janet is obvious a stone nut and does not even have an idea how hard it is to have a small business nowadays. It's these kinds of liberals that vote crap and then wonder what happened. Wait until the Hollywierd types get hit with Obama's plan to take more of the top off. Watch them scream.

29 posted on 10/16/2008 8:02:22 AM PDT by Logical me (Oh, well!!!)
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To: Logical me

They’re probably exempt


72 posted on 10/16/2008 8:34:06 AM PDT by Taffini (Mr. Pippin and Mr. Waffles do not approve)
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