What would you do if a banker said give us $18,000 and in 1 year we will give you $4,000 back? 2 people, both earn $60K per year, one owns a business and one is an employee, the employee pays about $1500 per month (18K per year) in taxes and the business owner pays zero per month. At the end of the year the employee gets about $4000 back from the $18000 they loaned the government throughout the year via taxes and during the same tax season the business owner depending on expenses will pay about $5000 in taxes or pay nothing. But even if they pay $5000 that does not compare to the $18000 that the employee pays. #Random #IwontGoBack
Posted on: Wed, 23 Apr 2014 22:40:22 +0000
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