Monday, March 02, 2009

Thought for the day

If you're a business owner, and your net income is over $250,000 a year, and you're really upset about your taxes going up, you could always cut your income somewhat by putting more money into your business. You could, for example, hire a few more people.

Update: I was kidding, but some people are apparently trying to do just that.

My favorite part is: "The attorney says that in order to decrease her income she'll have to let go of clients, some of whom she's been counseling for more than a decade." You know, if your attorney doesn't understand the marginal tax rate, and actually thinks that cutting her income will save her money, then you're probably better off if she decides to stop giving you advice.

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