Comments on: (Day 1) Why Corporations http://www.riseandgrind.com/2010/02/23/day-1-why-corporations/ Break Bread & Let's Build! - R&G Tue, 07 Feb 2012 23:59:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: FreeMan http://www.riseandgrind.com/2010/02/23/day-1-why-corporations/comment-page-1/#comment-890 FreeMan Tue, 23 Feb 2010 20:28:40 +0000 http://www.riseandgrind.com/?p=2160#comment-890 Well it's a whole week of corporations as I couldn't just do one day. I have a lot to explain in the coming days so buckle up and print it out. The bigger the corporation the better accountants they have to find ways of getting around taxes. In the bigger scheme of things a corporation can write off everything that it does so even the salary to myself is an expense. The big guys can issue shares on the stock market so the ability to take your money for them to use is worth whatever disadvantages. A shareholder is not a owner so its better to run the company one way and then have everyone buying it for 1% growth on the stock market. All this money they get to use is what makes a corporation better than everyone else. They can issue bonds and stocks. I'll explain more this week. Well it’s a whole week of corporations as I couldn’t just do one day. I have a lot to explain in the coming days so buckle up and print it out.

The bigger the corporation the better accountants they have to find ways of getting around taxes. In the bigger scheme of things a corporation can write off everything that it does so even the salary to myself is an expense.

The big guys can issue shares on the stock market so the ability to take your money for them to use is worth whatever disadvantages. A shareholder is not a owner so its better to run the company one way and then have everyone buying it for 1% growth on the stock market. All this money they get to use is what makes a corporation better than everyone else. They can issue bonds and stocks. I’ll explain more this week.

]]> By: Jose Romero http://www.riseandgrind.com/2010/02/23/day-1-why-corporations/comment-page-1/#comment-887 Jose Romero Tue, 23 Feb 2010 14:45:40 +0000 http://www.riseandgrind.com/?p=2160#comment-887 DAM! Freeman you did it again! Excellent post! Looking forward to finding out more about Corporations. My knowledge about them is limited but after this post i have learned a lot more about them. Also one question if a corporation is at a disadvantage when filling out your taxes then why are big companies like Microsoft,Walmart etc are Corporations and not those with better tax advantages? i don't think its such a disadvantage if the big guys are doing it. Just a thought!:) Anyway i will be here tomorrow to read the rest about Corporations! Fantastic site! I'm glad i have found this blog! Keep up the good work Freeman! DAM! Freeman you did it again! Excellent post! Looking forward to finding out more about Corporations. My knowledge about them is limited but after this post i have learned a lot more about them. Also one question if a corporation is at a disadvantage when filling out your taxes then why are big companies like Microsoft,Walmart etc are Corporations and not those with better tax advantages? i don’t think its such a disadvantage if the big guys are doing it. Just a thought!:)

Anyway i will be here tomorrow to read the rest about Corporations! Fantastic site! I’m glad i have found this blog! Keep up the good work Freeman!

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