Baalzamon said:
A higher bottom line of a corporation will result in higher personal income. Higher personal income results in more income taxes. |
Unless it is invested back into the corporation. This is the priciple of tax write offs. Members of the corporation put their money back into the corporation so it does not get taxed as personal income. This is why someone will buy a car with company money rather than their own because it will not be included in their own taxes.
Members of a corporation purposely keep their gross income low by buying assets within company or using the companies money to procure assets.
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