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re: What are the highest paying jobs in Louisiana?
Posted on 11/10/18 at 11:26 am to lsu xman
Posted on 11/10/18 at 11:26 am to lsu xman
quote:
If you owned a business that made a million dollars in profit in a year, the smart long play may be you only taking out $100k and leaving the $900k in the business to be reinvested to increase the value of the business.
This is correct. Keep your salary income as low as possible. But the crying shame is you lose a giant chunk of that 900k to the tax monsters. It may not hurt the big guys as much. But it hurts the hell out of the small business folks that want to take it to the next level. It’s really hard to break out of the rat race.
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