Quote:
Originally Posted by cattywampus
In my humble opinion, the AVERAGE rate is meaningless.
The only thing that matters is the corporate tax rate of those C Corps
who pay US Corporate rates which substantially exceed the rates available elsewhere.
In my sisters' family there are 5 kids
her kids have an AVERAGE income of over $500,000.00.
BUT only one makes over $ 500,000.00
.. 1,850,000.00 Business Owner
... 280,000.00 Real Estate Sales
... 255,000.00 Petroleum Engineer
.... 85,000.00 Car Salesman
... 140,000.00 Geologist
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What gives the Government Accountability Office's study meaning is that unprofitable corporations were excluded. Anyhow, glad to see your sister's kids are doing so well. We need more of them to keep our SS checks coming.[emoji6]