Quote:
Originally Posted by MikeSTI
ok let me explain this too the slow people.  because you all went to college and got your degrees, you planed on working for someone to have this degree as your job application, there for setting your self up to hate the guy making 300 thousand that employed you at 50 thousand! This I know is a rude sterio type but WTF this topic is old.
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Um... what is all that rambling? You're insulting people that got degrees and don't own their own company? I know I didn't "go to college so I could work for a company and be pissed at someone that makes more money than I do"... that's rediculous! I went to college to learn something... (you know like how to spell words like "struggles" "having" "therefore" "yourself" "burden" "stereo" "business" "owner" "employees" "benefits" "housing" "breatherlizers", as well as the differences between "their" "there" "they're", and "where" and "we're", and "to" and "too".

) I went to college because it's a good way to learn about more complicated and specific subjects than you'd get in high school, to have new life experiences, to meet new people and to get away from my family out on my own. Not to mention that in this day and age, unless you're lucky, without a college degree of some sort you're likely to end up washing bathrooms or serving frys. (BTW: I recognize that insulting someones spelling is pretty lame, but my point is that if you're going to post on and on about how much better you are than college graduates, you should at least spell your insults correctly.

)
Also, I don't work for a big company because I'm a sell-out, or don't have the drive to run my own business.

I do it because it's an easier way to make money right out of the box rather than take the risks you mentioned. This way, after I've put in my 5 years, and played my cards right I'll have half a million dollars in the bank with which to start my race team, or buy house or to start a family. Good for you for wanting to run your own business, but it's not the only way to do things. In fact, my goals *are* to own my own business, namely some sort of race team or race shop. I just have enough sense to know that if I tried it now it'd fail! I'm going to need a bunch of money in the bank, and a lot more experience in the business before I can try it on my own and succeed, so for now I'm biding my time, and saving my money and working a good paying 8 to 5 job, while spending my spare time trying to learn more about what it takes to put together a race team.
Now, getting back to the whole tax issue... I'm still at a loss as to why you think your risks deserve a tax break. You make money just like everyone else, so you should pay taxes just like everyone else. You take the risks because you want the greater rewards, right? That's the trade off. You don't go into a casino and get better odds because you're going to be betting more money than the guy next to you. Besides, IIRC there *are* tax breaks for small businesses! What's missing are the *higher* taxes for the businesses that finalyl succeed. You mention that someone that makes $300k/yr gets taxed 52%. That may be the bracket rate, but I guarentee you they're not paying that much. Not after putting their money in real-estate, or stock purchases and all the loop-holes they can find. Eventually that $300k is more like $50k that their paying taxes on, meanwhile the other $250k is invested out of the reach of the gov't and making them more income. It's people like that the tax laws are tailor made for, because it's people like that that made the tax laws!
Perhaps a flat tax isn't a good solution, but it would be fair. I still think a national sales tax is the best idea, but again this isn't an area I have expertice in.