willbeurdaddy
Posts: 11894
Joined: 4/8/2006 Status: offline
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quote:
ORIGINAL: Masta808 GOP Rep Jon Flemming puts it all into perspective. He owns a bunch of small business from subways to ups stores and makes $6.3 million gross income last year, 2010. Due to the cost of doing business, taxes, and feeding his family, he only ends up with $400,000 net income aka profit. What the hell is he going to $400,000 dollars its not enough to buy a private plane, take a vacation, buy a fancy sports car, or buy a small island. He cant go out and create new jobs with that kind of money or start another small business. Obama's class warfare never creates jobs instead it cause people like Jon Flemming to cut their net profit down for what? The middle class to pay less taxes? Outrageous. Even though you didnt intend to, you actually have supported the arguments in favor of not increasing taxes on this group of people. If the figures you cite are correct, how big an increase in taxes do you think someone would bear before they say fuck it, Ive risked my capital and have to shepherd multiple businesses for what? I could make more money as a butcher.
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Hear the lark and harken to the barking of the dogfox, gone to ground.
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