01-18-2007, 11:37 PM
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| Administrator | | Join Date: Oct 2006 Location: Las Vegas, NV
Posts: 2,006
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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. |