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**thierabess** · 02-21-2009, 01:09 AM

yes my biz is in america, but if i was in america i would be paying 40%++

but now i pay single digits, close to zero

If you own a S Corp or LLC there are thousands of deductions/credits to bring effective taxation down to 0 or Single digits.

If you are an individual then American Federal Individual Income taxes rates are almost nothing, not even single digits.

This year many Americans will be receiving money from the IRS thanks to Obama's stimulus plan

Singapore cant match that..........

02-21-2009, 01:09 AM	#7
thierabess Join Date Oct 2005 Posts 387 Senior Member	yes my biz is in america, but if i was in america i would be paying 40%++ but now i pay single digits, close to zero If you own a S Corp or LLC there are thousands of deductions/credits to bring effective taxation down to 0 or Single digits. If you are an individual then American Federal Individual Income taxes rates are almost nothing, not even single digits. This year many Americans will be receiving money from the IRS thanks to Obama's stimulus plan Singapore cant match that..........
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