That’s almost tax free Judy …
Our corporate tax rate down here is a flat 30% …
Personal taxes :
For the first 14,000.00 — 13%
14,000.00 to 40,000.00 – 21%
40,000.00 to 70,000.00 – 33%
70,000.00 and above — 38%
Not surprisingly, most small business people seem to earn almost exactly $70,000 a year a present – and are waiting for that top rate to drop before drawing more annually.
:rollover: