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Message Subject Respond to this thread if you earn less than $60,000 a year and are surviving... I am doing a little experiment here to prove a point.
Poster Handle Anonymous Coward
Post Content
Self employed. My business takes in about $90k, I pay myself $48k a year.

Side question: If I ever close down the business at any point in the future, I assume they tax on what is being transferred from my business to personal acc?
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