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My first reality check in paying taxes came when our startup finally generated some real revenue. It was exciting... We started hiring employees, investing in a
by proee 8y ago
My first reality check in paying taxes came when our startup finally generated some real revenue. It was exciting... We started hiring employees, investing in a bigger office, etc. When time came to pay our taxes - it was a humbling experience. I felt sick to my stomach... We worked so hard for that cash and had to hand over SO MUCH MONEY to Uncle Sam. He was the greatest silent partner we had all along!
All of our money was going back into the company, so our growth rate of hiring new employees was directly impacted by how much we paid in taxes.
Do people honestly believe that it would better we pay Uncle Sam, than to hire more employees in our growing company?