by Expatriot » Sat 14 Aug 2010, 09:39:27
$this->bbcode_second_pass_quote('Ludi', 'G')ood for you! It seems to me the complaints one often hears from the wealthy about paying too much in income taxes are a bit odd in some ways, because there are so many ways to reduce taxes and benefit society more directly, such as charitable endeavors, rolling the profits back in to the business, etc. I don't know why people who are worried about the proposed slight increase in income taxes (some 3% I believe), don't understand they can easily avoid paying the increase. I guess like the hard workers they are, they want lower taxes without having to do anything for them (except complain).
Oh My Gooood! I adore the Internet. I really do. It's posts like these that keep me coming back. The person who is a self-proclaimed non-hard worker, who doesn't have much income, who notes that folks who own their own businesses should "manage better" so they can take time off, is giving free corporate tax advice!!
AAhaaahaahaahahaaa ahahaha aha ha haa. OMG. Seriously, you just made my day. I've got a huge amount to get done today (building a barn), so I can't post anymore, but thanks for this.
OK, so really quick - I can "reduce taxes" and "help society" by giving money to charity. So I give charity X dollars and I reduce my taxes by 1/3 X dollars.
Further, I shouldn't worry about the "tiny" 3% increase, which, back when I worked, would have been about 12 grand - naaaah. Why worry about that? That's just a nice new care every year for the rest of my working life. Silly me to be so concerned with that money. And better yet, Ludi tells me I can "easily" avoid paying it . . . .
WHOOOOOOOP atahoathehahahahahahahahahahaha! Really, I don't LOL much, but this is just precious. The non-hardworking homesteader who doesn't have much income and has never run a business is giving me tax advice. And me, intimately familiar with the IRC@!@@!!
And it gets better! I can avoid taxes by "rolling the profits back into the business."
AHHHHHHHHHHHAHAHAHAHAHAHA. Oh my God, have I been missing out all these years? I guess I should fire my accountant. All I needed to do was roll my income back into the business and I wouldn't have had to pay all those taxes.
[wiping up tears]
God I love the Internets. I'm going to be really sad when Bush the 3rd (or 4th) takes it down.
And we wrap it up with this gem . . .
"I guess like the hard workers they are, they want lower taxes without having to do anything for them (except complain)."
I don't want to have to "do anything" for lower taxes?
Oh please please, don't stop! Don't ever stop!
Please detail, if possible, exactly what I should "do" for lower taxes? Really. I need to know. I mean, I got the give-money-away one, and I got the roll-back-in one, but there has to be more.
Ohh lord. Man, I owe you Ludi. Seriously, you just made my day.
To the barn!