LOL! I like how he added the 39% corporate tax and the 8% sales tax to say they're taxed 47%! Learn some math and some logical sense before you try to make a point. You're basically saying that you're using 100% of your pre-tax income to purchase new supplies. That's impossible.
- "He's kinda awesome..."
You could even set up as an LLC (the most common way to start a company in the first place) and not get taxed as a company at all. It runs through your personal income taxes. If you divide that 100k across, say 2 owners, that leaves both of you in a pretty comfortable tax bracket. Corporate taxes are for corporations. Get good badkids.
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