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Tax Advantages to Owning Your Own Business
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I believe in every citizen supporting the country by paying their fair share of taxes. You will always have to pay taxes. The alternative is paying severe penalties. Think Al Capone. Think prison.
But, the US government created a tax code that encourages growth. It encourages people to live the American dream. The American dream is to have your own business. And if you understand that tax code, you will understand how the government is telling you to start a business.
The more real and value added businesses we have in this country, the more it adds to the bottom line of our economy. I believe that we can save our economy is we can get enough of us to start a value added small business. Small business is the back bone of our country and, I believe, its salvation.
If we can start a business, a real business, it moves money through the system. It stimulates the financial systems. And that is a good thing.
The US government really has two tax systems; employee and business. Read the rest of this entry »











