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Message
re: No Democrats voted to give us a tax cut.
Posted on 11/17/17 at 11:48 am to member12
Posted on 11/17/17 at 11:48 am to member12
quote:
It's a huge tax cut for me, and I'm not a top earner.
Why don't I deserve a tax cut?
Maybe you do and maybe you deserve a cut in line with what others get.
In the end, salaried workers who don't get paid through a pass thru, are getting a minuscule tax cut compared to those who can arrange to get paid by a pass thru.
And they don't even know it.
Posted on 11/17/17 at 3:22 pm to texridder
quote:
In the end, salaried workers who don't get paid through a pass thru, are getting a minuscule tax cut compared to those who can arrange to get paid by a pass thru.
One of there requirements for a pass-through S-Corp is that a reasonable salary be paid to the shareholder. Partners in partnerships pay income tax and self employment tax (SS/MC 15.3%) on their share of income.
Posted on 11/17/17 at 5:59 pm to texridder
quote:Can you delineate the individual's tax liability in a "pass thru"?
In the end, salaried workers who don't get paid through a pass thru, are getting a minuscule tax cut compared to those who can arrange to get paid by a pass thru.
Specifically delineate the difference between that individual's tax liability vs liability of a salaried employee making the same income.
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