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How much money are you currently making? It's only worth it once it becomes significant. One other thing to point out is that if you are a US Citizen then you a
by inovica 18y ago
How much money are you currently making? It's only worth it once it becomes significant. One other thing to point out is that if you are a US Citizen then you are responsible for paying taxes no matter where you are
- kingkongrevenge 18y agoUS citizens pay taxes on salary and capital gains, which don't necessarily have anything to do business taxes. There are many perfectly legit as well as gray ways to get money from owners equity into a form you can enjoy it with much lower taxes than you'd get if you just paid yourself salary. I think the importance of this area of discussion will increase when Obama starts raising taxes.
- tptacek 18y agoIt's funny, this isn't the only place I've been seeing this "when Obama raises taxes" thing --- I also saw it in the Joel on Software Business of Software board. No offense, but --- political sockpuppet?
- rw 18y agoGolly, we wouldn't want Obama to spend public money on society-wide problems like poverty and food scarcity.