Skip to main content

View Diary: Boehner just shot himself in the foot (170 comments)

Comment Preferences

  •  What is a small business? (2+ / 0-)
    Recommended by:
    pat bunny, Brahman Colorado

    Is it one with gross revenues under $250,000?  If that is so then that business owner probably pays very little in taxes as they don't make much at all. There are numerous right offs that they can take.  A business that has net revenues of over $150,000 is doing real well!  So what is a small business?  Jeez I said $150k.  That is almost 3 times my pay.  That guy would be doing fantastic!  So what is a small business?

    •  A business with less than 500 employees (1+ / 0-)
      Recommended by:
      Clues

      Regarding small business, the top job provider is those with fewer than 10 employees, and those with 10 or more but fewer than 20 employees comes in as the second, and those with 20 or more but fewer than 100 employees comes in as the third. There are 22 million small businesses (less than 500 employees including 17 million sole proprietor) in the US and approximately 14,000 big businesses. (over 500 employees.)

      According to a June 2010 survey by Payscale.com, in businesses where the average sales price is below $50, the annual income ranges from $34,517 to $89,779 each year. The next jump in annual earnings lies with small business owners whose average sales price per customer is more than $3,000. Those workers report earning between $30,000 and $99,208 a year.

      After all is said and done, a lot more is said than done.

      by Brahman Colorado on Sun Dec 02, 2012 at 01:38:46 PM PST

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site