In a recent community forum conversation, someone posted the following in a discussion about taxing the wealthy. He was describing a friend of his who owned horses and the issues this business owner faced:
Why is this amazing?
First, someone turned a $240,000 profit off of a $20,000 investment after taxes and trainer fees. That’s a 1200% return on investment. Not bad.
Second, the person involved in this tremendous profit considers this “not a good deal.”
Third, because this comment has everything to do with the recent Hobby Lobby decision.
And fourth, because I consider the author of this post an ally, not an adversary.
If any of this intrigues you, click to read on.