Quote:
Originally Posted by woj
It's not clear what kind of business he ran, but likely it was some affiliate gig, so by "employees" and "contractors" he probably really meant hiring a designer for a grand or 2 here and there, not actual full time $50k/year employees.... and by "equipment" he really meant that he bought a new computer and monitor that year...
but if he had a real business with full time employees, office, etc, then yea you are right, the numbers don't add up very well...
|
This is what he said...which he specifically states he was tired of paying high taxes (so he apparently was looking for loopholes), and the way he says "equipment" and "advertising" leads me to believe he wasn't an affiliate. Affiliates (like me) ARE advertisers for products. We get paid to do the advertising. Not pay to advertise.
Anyway it sounded like more of a brick and mortar business. I'm just not sure it's real. Easy to type stuff on a keyboard anonymously:
Quote:
Originally Posted by ThunderBalls
After a couple of quarters of sending $100,000 checks to the IRS you look for as many deductions as possible, which meant hiring more, advertising more, more equipment, etc etc. Of course I would have rather not paid any taxes, but I've always believed it certainly helped the economy under Clinton.
|