The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: Re: The Bush Tax Cut||Date: 4/1/2001 5:32 AM|
|Author: vickifool||Number: 35215 of 778224|
Mr. X took in cash flow of $400,000 from his rental property. Income and Self Employment Taxes = $0
Mr. Y took in a net of $400,000 from his service business. Income & Self Employment Taxes = $172,441.
time to re-read "Rich Dad, Poor Dad?"
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|