You can borrow money held by your company to pay a salary and pay no taxes on the money. I'm sure many here have read that Steve Jobs something like 50 cents to pay income tax for the year 2010. He clearly has a house and car, and many other things he has bought. And do the majority of the rich, the same things, the taxes if they are not stupid and if they are stupid, I doubt that they are rich. So if you are the idiotic songs, where the rich pay a higher percentage in taxes than the not so rich to recite, you're just making themselves look stupid. Denny Hayes, if you do not mention details or source, you are the one who looks stupid. What fairy tale do you live, where you set up a company that will magically pay for your school or medical expenses?
Taxpayers earning more than 200,000 paid 50 percent of the total 866 billion in income taxes this year, and earned only 25 percent poker free online no download texas hold em of the 7.6 trillion in total adjusted gross income.Second fast fact. Most small businesses are "S Company", and pay no taxes to be paid as individual filers ("flow through"). flat tax rates disproportionately hurt lower income.
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