so, why exactly would Joe the Plumber NOT buy the company..

[opiate69]

higher taxes notwithstanding? I mean, let's assume he makes around $30/hour working for the company. So, that's around, what? $60k /year give or take.. so, he'd pass up the oppurtunity to own the company and, even with higher taxes, bring home 2 or 3 times that? Makes no sense.. that's like saying that I wouldn't give up my $15/hour job for a $90k/year job because it'll mean that I'll no longer be able to get a tax return every year.

[DefenseLawyer]

1. It's like the classic dumbass comment about lottery winnings

Someone wins 100 million and some jackass invariably says "Yeah but after taxes that's only $60 million!"

[opiate69]

2. Exactly.

[donco6]

3. ABsolutely.

It's kind of a no-brainer for Joe. But then, perhaps that's the problem . . .

[opiate69]

5. True, true.

[stillcool]

4. Plus if no one has any money..

he's not going to be doing any plumbing.

[opiate69]

7. There is that angle too..

[BootinUp]

10. Thats the answer I was looking for. nt

[Bobbie Jo]

6. Joe isn't getting the loan he needs to buy it....for starters.

[opiate69]

8. This is also true...

[RollWithIt]

9. Honestly, the best response would have been, "Joe, I'd recommend you hold off"

"On any large investments until I'm President."



:bounce:

[opiate69]

11. Hehe..well, yeah..