← Back to context Comment by roflmao123 6 months ago Still plenty left to pay their business taxes. 13 comments roflmao123 Reply maaaaattttt 6 months ago And if it’s employees? Do you ask them to contribute to the company’s taxes as well? After they’ve paid their own? roflmao123 6 months ago You pay them less money so you can afford your taxes, like literally everyone else. spwa4 6 months ago ... or you never have the startup, and just have 2 people unemployed and no produce nothing of use to anyone.Which is what's happening. 3 replies → dyauspitr 6 months ago So on the $200,000 it’s reasonable to you that they have to pay $120,000 ($80k income+$40k business) in taxes? roflmao123 6 months ago Two people earning $100k each would pay $28k income taxes each, totaling $56k. Where did this $80k come from? dyauspitr 6 months ago What about state and city taxes? 80k might be a tad too high but in NYC on $100k, you would only take home around $65k. jameshart 6 months ago The company doesn’t have any money to pay those taxes with.If you give the company more money to use to cover its tax bill, then that further increases the company’s taxable income. roflmao123 6 months ago Pay less salary so you can pay your taxes? This isn't as complicated as y'all seem to want to make it. zmgsabst 6 months ago That’s what makes them less competitive: they have to lower pay because they don’t have the cash on hand and revenue to amortize the deductions. throttlebody 6 months ago If you employ people on straight salaries, you are stuck. Not everyone is on share gravy train
maaaaattttt 6 months ago And if it’s employees? Do you ask them to contribute to the company’s taxes as well? After they’ve paid their own? roflmao123 6 months ago You pay them less money so you can afford your taxes, like literally everyone else. spwa4 6 months ago ... or you never have the startup, and just have 2 people unemployed and no produce nothing of use to anyone.Which is what's happening. 3 replies →
roflmao123 6 months ago You pay them less money so you can afford your taxes, like literally everyone else. spwa4 6 months ago ... or you never have the startup, and just have 2 people unemployed and no produce nothing of use to anyone.Which is what's happening. 3 replies →
spwa4 6 months ago ... or you never have the startup, and just have 2 people unemployed and no produce nothing of use to anyone.Which is what's happening. 3 replies →
dyauspitr 6 months ago So on the $200,000 it’s reasonable to you that they have to pay $120,000 ($80k income+$40k business) in taxes? roflmao123 6 months ago Two people earning $100k each would pay $28k income taxes each, totaling $56k. Where did this $80k come from? dyauspitr 6 months ago What about state and city taxes? 80k might be a tad too high but in NYC on $100k, you would only take home around $65k.
roflmao123 6 months ago Two people earning $100k each would pay $28k income taxes each, totaling $56k. Where did this $80k come from? dyauspitr 6 months ago What about state and city taxes? 80k might be a tad too high but in NYC on $100k, you would only take home around $65k.
dyauspitr 6 months ago What about state and city taxes? 80k might be a tad too high but in NYC on $100k, you would only take home around $65k.
jameshart 6 months ago The company doesn’t have any money to pay those taxes with.If you give the company more money to use to cover its tax bill, then that further increases the company’s taxable income. roflmao123 6 months ago Pay less salary so you can pay your taxes? This isn't as complicated as y'all seem to want to make it. zmgsabst 6 months ago That’s what makes them less competitive: they have to lower pay because they don’t have the cash on hand and revenue to amortize the deductions. throttlebody 6 months ago If you employ people on straight salaries, you are stuck. Not everyone is on share gravy train
roflmao123 6 months ago Pay less salary so you can pay your taxes? This isn't as complicated as y'all seem to want to make it. zmgsabst 6 months ago That’s what makes them less competitive: they have to lower pay because they don’t have the cash on hand and revenue to amortize the deductions. throttlebody 6 months ago If you employ people on straight salaries, you are stuck. Not everyone is on share gravy train
zmgsabst 6 months ago That’s what makes them less competitive: they have to lower pay because they don’t have the cash on hand and revenue to amortize the deductions.
throttlebody 6 months ago If you employ people on straight salaries, you are stuck. Not everyone is on share gravy train
And if it’s employees? Do you ask them to contribute to the company’s taxes as well? After they’ve paid their own?
You pay them less money so you can afford your taxes, like literally everyone else.
... or you never have the startup, and just have 2 people unemployed and no produce nothing of use to anyone.
Which is what's happening.
3 replies →
So on the $200,000 it’s reasonable to you that they have to pay $120,000 ($80k income+$40k business) in taxes?
Two people earning $100k each would pay $28k income taxes each, totaling $56k. Where did this $80k come from?
What about state and city taxes? 80k might be a tad too high but in NYC on $100k, you would only take home around $65k.
The company doesn’t have any money to pay those taxes with.
If you give the company more money to use to cover its tax bill, then that further increases the company’s taxable income.
Pay less salary so you can pay your taxes? This isn't as complicated as y'all seem to want to make it.
That’s what makes them less competitive: they have to lower pay because they don’t have the cash on hand and revenue to amortize the deductions.
If you employ people on straight salaries, you are stuck. Not everyone is on share gravy train