Higher profits are better than lower taxes!

[grahamhgreen]

They're are better ways to increase your bottom line than just cutting taxes.

Just say you're getting taxed 30%.

Then you get a 10% tax break.

Your effective bottom end increase is just 3%.

Would it not have been wiser/easier to increase your income (be it in profit or wages) by 3%?

Focusing on taxes to increase our bottom lines is myopic, unhealthy and backward looking.


Higher profits and wages are better than lower taxes!

[John Q. Citizen]

1. my tax guy is always talking about some of his neanderthal clients who think

it better to make 10,000 and pay no taxes than to make 20,000 and pay 15% in taxes.

He says "It's like they can't do simple math."

Also known as "penny wise and pound foolish."

[pnutbutr]

2. your tax guy is an idiot

and doesn't seem to understand how taxes are applied to income.

[grahamhgreen]

4. What a cogent and insightful rebuttal!

[pnutbutr]

5. thanks

I thought it would be self explanatory to those who understand how taxes are applied to income.

[grahamhgreen]

6. I was being sarcastic!

[pnutbutr]

7. so was I

[grahamhgreen]

3. It's an excuse for sucking at your business. Your example shows these guys FAIL.