Re: Let me simplify it for you...
- From: cryptoguy <treifamily@xxxxxxxxx>
- Date: Wed, 17 Sep 2008 06:48:27 -0700 (PDT)
On Sep 17, 7:41 am, David Harmon <sou...@xxxxxxxxxx> wrote:
On Tue, 16 Sep 2008 04:54:37 -0700 (PDT) in rec.arts.sf.fandom,
cryptoguy <treifam...@xxxxxxxxx> wrote,
On Sep 15, 6:33 pm, David Harmon <sou...@xxxxxxxxxx> wrote:
Cal Worthington.
Exactly. That' my point.
Cal, of course, was an owner, not an individual salesman, at
the time he became very rich.
I don't know his history, but I assume he got rich by selling cars.
The rest is you moving the goalpost. Owning dealerships is just a part
of being very very good at selling cars.
I don't think I'm moving the goalposts. The original anecdote had the
protagonist quitting in August because he'd be paying 90% in income
taxes on any further income.
The owner of a automobile dealership doesn't have that option
open to him, unless he's a sole proprietor with no employees.
If that's the case, its *very* unlikely he'd be in the 90%
bracket, even including state and local income taxes.
(I don't know what the historic high is for those, but in
New York City at the moment, they come to 12.14%)
Peter Trei
.
- References:
- Re: Let me simplify it for you...
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