I have been laying awake at night, tossing and turning, can't sleep.
All I can think of is the fantastic business opportunity I have. This could, and I believe will make me hundreds of thousands of dollars a year for the rest of my life.
I really need some advice by the Kos community.
I'll explain below...
I have an old friend I've known for 30 + years.
he was in on the early days of the tech boom. Intel,Microsoft and Google too.
He's a "wizzard of the web"
He has approached me with a start up idea that I believe will net me hundreds of thousands of dollars a year for the rest of my life. Maybe more !!
Think of what I can do with that kind of money. Put my two young sons thru a Ivy League College. Buy a second home, really live life large. Man it's really tempting.
We figure it'll create 20 - 30 jobs in the first year.
Now I'm not a greedy man and don't mind paying my fair share of taxes.....I consider my self a real Patriot... but with the "up in the air" debate on the tax laws," make em permanent", "let em die" on and on. Not enough Republicans to ram it thru and a Senate that no way has 60 votes for anything.
What to do.
I have pretty much let my friend know that in NO WAY am I gonna start a new business, pay a reasonable tax on the first $ 250 K and get absolutely skewered on the rest. It's totally un-american. Unless I can get a lower tax rate, I'm gonna cut my nose right off the front of my face and let this new start-up lay dormant until I don't have to pay any tax on any of it.
It's just not fair.