Off-Topic: That is not the problem
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   That is not the problem
Date:   10/25/2009 4:44:27 PM

Again Obama is out of touch and doing things that don't help. The problem is high taxes on small businesses. Obama says he is only raising taxes on people making over $250,000 ... but many Subchapter S corporations are individual small businesses. Their corporate income is passed through to be taxed as an individual rather than the double taxation of C - corporations.

Rarely does a S-corp pull all the cash out of the business to spend, they use it to grow the business further and create jobs.

But when Obamanation raises taxes on people making over $250,000 that taxes small businesses more, even though they really do not pull all the money out. So what happens, less money can be retained to grow the business and create jobs.

Lower taxes and stop penalizing small businesses that create jobs.

That will help small businesses.
Other messages in this thread:View Entire Thread
A Good Move - GoneFishin - 10/24/2009 1:20:12 PM
     A Good Move - Lighthouse - 10/24/2009 6:26:52 PM
     A Good Move - MrHodja - 10/24/2009 10:40:53 PM
     A Good Move - MartiniMan - 10/25/2009 10:27:47 AM
     That is not the problem - water_watcher - 10/25/2009 4:44:27 PM
          Directly to the Economy - MAJ USA RET - 10/26/2009 11:45:01 AM



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