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Joined: 02/17/2003 Posts: 23541
Likes: 6986

So - pretend you are a physician

You work 65 hours a week, you keep a staff of 8 people working full time. You make, let's say, $800,000 a year.

Now pretend you own a couple of McDonalds. You work 45 hours a week. You have 30 FTEs. You make, let's say, $800,000 a year.

Or your a real estate developer. You work 45 hours a week. You have one assistant - a broker who is your life blood and you pay him $400,00 a year. You make, let's say, $800,000 a year.

Under the Trump tax bill, the physician will pay roughly $320,000 in taxes. The McDonald owner and the real estate developer - they make the same, but thrir taxes will be $200,000.

The employee of the broker - he will pay a higher tax rate than his boss.


Posted: 11/03/2017 at 01:10AM


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Current Thread:
So - pretend you are a physician -- cswilliam 11/03/2017 01:10AM
  Excellent reason for that -- buffdad 11/03/2017 9:45PM
  You sure?. -- SamSpade 11/03/2017 09:16AM
  Well - neither you nor I was totally right -- cswilliam 11/03/2017 11:44AM
  I don't have a dog in this fight... -- SamSpade 11/03/2017 12:21PM
  I didn't take offense -- cswilliam 11/03/2017 3:01PM
  This whole idea started in Kansas -- cswilliam 11/03/2017 08:29AM
  It's pure greed -- jackmorman 11/03/2017 09:34AM
  Re: It's pure greed -- SWFloridaBuff 11/04/2017 11:17AM

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