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The Dark Side of Financial Abundance (Blog)
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01-18-2007, 11:37 PM
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Savage
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Join Date: Oct 2006
Location: Las Vegas, NV
Posts: 5,988
Do the math. Suppose you earn $400K net. See what happens to your total tax when you leave even $50K of it in the business. Better to have some income taxed at the lower corporate brackets that pouring more into the 35% personal tax bracket.
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