V8 Beast Posted February 3, 2013 Report Share Posted February 3, 2013 I was reading through this thread and realized I agree with all of you.. even when you dont agree with each other. I'm like that guy in the crowd during the debate that just nods constantly to every point made. I'm taking my newb behind back to the sidelines to watch. Quote Link to comment Share on other sites More sharing options...
Miller Posted February 3, 2013 Report Share Posted February 3, 2013 I was reading through this thread and realized I agree with all of you.. even when you dont agree with each other. I'm like that guy in the crowd during the debate that just nods constantly to every point made. I'm taking my newb behind back to the sidelines to watch. I'm glad you agree with me. Quote Link to comment Share on other sites More sharing options...
V8 Beast Posted February 3, 2013 Report Share Posted February 3, 2013 I'm glad you agree with me. :nod: Quote Link to comment Share on other sites More sharing options...
TTQ B4U Posted February 3, 2013 Author Report Share Posted February 3, 2013 I was reading through this thread and realized I agree with all of you.. even when you dont agree with each other. I'm like that guy in the crowd during the debate that just nods constantly to every point made. I'm taking my newb behind back to the sidelines to watch. I was just reading through this and realized I fucked up and should have put my original post in the Kitchen to save a mod her the time. Back to watching the e-penis fights. Quote Link to comment Share on other sites More sharing options...
2highpsi Posted February 4, 2013 Report Share Posted February 4, 2013 One of My LLCs is transitioning to an S-Corp right now. I'll just forward your comments to my CPA. Actually I am in the same boat, which is the only reason I know anything about the taxation of them. S-Corp owners receive all profits or losses at the end of the year in direct proportion to their ownership stake via pass through. So the company itself doesn't pay taxes (which is a higher rate). Another thing that I didn't realize before was that S Corps are the most popular corporate structure in America. So the CEO of an S Corp that employs any amount of people will surely be affected by raises in income tax. Now in a perfect world, every employee would pull their weight and there would be no workplace inefficiencies. Unfortunately in real life that just isn't the case. So when you take out of the pocket of these CEOs, is it really crazy to think that they won't start looking for these inefficiencies in their workforce to drop dead weight as to increase net profits to negate the effects of their tax bill. At the end of the day, they will bring home the same amount of money. The government will make a little more money, but will now have to support someone else who is out of work. So all this ends up with a net negative impact economically. This is fully debatable. I am just playing devil's advocate. I was reading through this thread and realized I agree with all of you.. even when you dont agree with each other. I'm like that guy in the crowd during the debate that just nods constantly to every point made. I'm taking my newb behind back to the sidelines to watch. Most of the conversation in this thread is pure theory and belief. It's not black and white, right or wrong. When it comes to these kinds of conversations I really support pieces of both sides, but typically hop on a side for debates sake. I honestly like hearing intelligent responses against what I currently believe. Quote Link to comment Share on other sites More sharing options...
V8 Beast Posted February 4, 2013 Report Share Posted February 4, 2013 Most of the conversation in this thread is pure theory and belief. It's not black and white, right or wrong. When it comes to these kinds of conversations I really support pieces of both sides, but typically hop on a side for debates sake. I honestly like hearing intelligent responses against what I currently believe. :nod: Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.