Re: [RT] Political Posts

["Joe Duffy" <keypoint@xxxxxxxxxxxx>]

Doesn't the US have a tax break on dividends so as to 
avoid double taxation? Obviously not, and I am shocked. 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  BobsKC 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Tuesday, March 09, 2004 2:26 
  PM
  Subject: RE: [RT] Political Posts
  I had an attorney/cpa who advised me on such things and we did 
  everything possible to limit the tax bite.  You can't take unlimited 
  bonuses out of a corporation to avoid corporate taxes.  Anyway, we are 
  all lucky to end up with 40 cents on the dollar after Fed income, state 
  income, sales, real estate, gas and all the other taxes we each 
  pay.BobAt 01:41 PM 3/9/2004 -0500, you wrote:
  <FONT face="Comic Sans MS" 
    size=2>Sounds like you paid more than your fair share if you ended up paying 
    60%. I'm no expert in U.S. taxes, or your own personal situation for that 
    matter, but doesn't it make more sense in a small corporation to bonus out 
    the profits and just end up with a personal tax rate, rather than a 
    corporate one as well? <FONT face="Comic Sans MS" 
    size=2>Just a thought. <FONT face="Comic Sans MS" 
    size=2>Andrew
    
      -----Original Message-----
      From: BobsKC [<A href="" 
      eudora="autourl">mailto:bobskc@xxxxxxxxxxxx]
      Sent: Tuesday, March 09, 2004 11:55 AM
      To: realtraders@xxxxxxxxxxxxxxx
      Subject: Re: [RT] Political Posts
       <FONT face=tahoma 
      size=2>[snip] In my small 
      company, (37 employees), my firm paid taxes on what it made, I got what 
      was left and then I paid taxes on that same money again.  I was lucky 
      to end up with 40 cents on the dollar. 
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