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| garfield fun and games, wade, hosting, fatcat ebony pool table, kids safe, cartoons, clay, kgo, dedicated, english, strips, daytonohio, fat cat sat on the mat (i can read books), drumming accessories, video upload, cabbit, rocket, gates, vitalic, sci fi, august house, | She made $200K, spent $400K and had a loss of $200K last year. This year she earned $1 Million, spent???, so we can't say what her net gain is until we find out her expenses, see? Her pattern of out-spending her earnings isn't a good indicator great value for what will become of her million but at this point it great value is a wait and see. You can't say she has a net gain of $600K until we know what great value she actually spends this year. You also said, Having said that, do you really think there is no difference between a freelance writer who takes a loss one year and a huge profit the next and a coporation that pays out millions of dollars to political parties just to avoid paying 10s of millions in taxes? |
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| That isn't the same thing as PERSONAL INCOME TAX. And Corporation Income tax isn't the same thing as PERSONAL INCOME TAX. I am not confusing her personal english income with that of her business which are two separate things english entirely - are you? I used to own my own business. We paid Coporate taxes, Personal income taxes and (GASP) Property taxes. I paid out a hell of lot more in personal and corporate tax than she did and I made a helluva english lot less. So, I do not weep for her plight. ****** You said, She lost $400k last year and made a $1 million this year, that's a net profit of $600. That's a fact, not an excuse (and California could certainly benefit from that kind of budgeting.) Let me try to explain this way. I gonna round figures here for my convenience. |
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