Does anyone here get their paycheck from a poor person or company? (salaries, Obama)

[MustangEater82]

Defining poor, as a cashflow of $250k or less a year.


Just curious does anyone recieve their paycheck from a person, business or company that has less cashflow then $250k a year.

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[mpyne]

Arent they called customers??

[sol11]

Originally Posted by MustangEater82

Defining poor, as a cashflow of $250k or less a year.


Just curious does anyone recieve their paycheck from a person, business or company that has less cashflow then $250k a year.

Sent from my PC36100 using Tapatalk 2

Millions of senior citizens get their monthly "paycheck" from the federal government which has a negative cash flow and a $16 trillion deficit.

Would that count?

[FinsterRufus]

By cashflow, do you mean less than 250,000 profit after expenses?

If that's the case, then I would venture that umpteen thousands if not millions work for "poor persons or companies".

Whatever your gotcha is, might as well get it over with.

[mb1547]

Originally Posted by FinsterRufus

By cashflow, do you mean less than 250,000 profit after expenses?

If that's the case, then I would venture that umpteen thousands if not millions work for "poor persons or companies".

Whatever your gotcha is, might as well get it over with.

I don't think the OP understands gross (all the money that comes into the business--what you're calling cash flow) vs. net (the money you have left over after you pay all the bills and salaries). The other piece is that the owner usually draws a set SALARY from their business as well--that's the cash they live on, and not just the net profit from the business, because the rest is usually reinvested. A huge portion of small business owners pay themselves way less than $250K a year. I don't pay myself anywhere near that much.

I'm not sure I get the OP's point, but as far as personal income taxes would go, the group the Obama administration is targeting for a minor tax hike are people who, after all the bills and employees are paid and they have money to reinvest in their company for infrastructure, pay themselves a SALARY of over $250K. It has absolutely nothing to do with your "cash flow." The tax hikes will be based on your salary from the business or from an employer.

[EddieB.Good]

Originally Posted by mb1547

I don't think the OP understands gross (all the money that comes into the business--what you're calling cash flow) vs. net (the money you have left over after you pay all the bills and salaries). The other piece is that the owner usually draws a set SALARY from their business as well--that's the cash they live on, and not just the net profit from the business, because the rest is usually reinvested. A huge portion of small business owners pay themselves way less than $250K a year. I don't pay myself anywhere near that much.

I'm not sure I get the OP's point, but as far as personal income taxes would go, the group the Obama administration is targeting for a minor tax hike are people who, after all the bills and employees are paid and they have money to reinvest in their company for infrastructure, pay themselves a SALARY of over $250K. It has absolutely nothing to do with your "cash flow." The tax hikes will be based on your salary from the business or from an employer.

Don't you love the smell of disingenuity in the morning

[Natural510]

Those with $250k become fewer by the year when they don't have anyone who can afford to buy what they're selling.

[petch751]

Originally Posted by EddieB.Good

Don't you love the smell of disingenuity in the morning

Don't you love the smell of desperation by the 47% in the morning. People spinning to fight for their freebies. lol

Forget the point OP, the answer requires common sense and facing reality. These people will do anything they can to keep the food in the trough. They NEED the working people for their existence but don't contribute anything to society.

[gmagoo]

Did any of those higher income business people get to where they`re at without employees to do the work?

Don`t care about R2D2 or tapatalk 1,2,or 3.

[FinsterRufus]

Originally Posted by petch751

Don't you love the smell of desperation by the 47% in the morning. People spinning to fight for their freebies. lol

Forget the point OP, the answer requires common sense and facing reality. These people will do anything they can to keep the food in the trough. They NEED the working people for their existence but don't contribute anything to society.

I have absolutely zero idea as to what either you or the OP are getting at. What exactly IS the point you're making? In a sentence?