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Business, travel and entainment expenses ( should be taxed )

2/24/2010

I strongly suggest that all business travel and entertainment expenses should be taxed. This is for all businesses in the United States of America. If your company sends you to China, or any other place in the world.

Companies making the following: sales

Between $500,000.00 and $1 million,,,, 25% in taxes

Between $1 million and $10 million,,,, 50% in taxes

Between $10 million and $100 million,, 100% in taxes

Between $100 million and $1 billion,,, 200% in taxes

Over $1 billion,,, 400% in taxes

Note: have to pay this tax every month just like they currently pay 941 taxes ( IRS, social security and medicare)

Taxes go out the following:

Local city tax 5%

State tax 5%

county tax 5%

Federal Income tax 5%

Social security 2 1/2%

Medicare / Medicade 2 1/2%

 

Then you can stopy taxing all tax payers who make less than $100,000.00 a year. TAX FREE ** immediatlye

 

Thanks

Jim Bearden

[Address removed]

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Idea No. 36