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A comment on Ask YC: I'm pitching to an angel. How do I value my startup?. Parent comment

Re:Ask YC: I'm pitching to an angel. How do I value my startup? by wlievens on Monday January 21, 2008 @04:25AM (#101503)
Maybe this is a stupid questions, but aren't there taxes to pay as well? If they use the money to pay a wage to themselves (to use to pay for food and rent and insurance), then they pay income tax on that wage, right? Or does that "$50k" number include income tax?
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