OT - a rational, fair republican voice?
On Sep 30, 9:20 am, D. LaCourse wrote:
much reinvesting in the store. To think that $250k a year is a lot of
money and those that make it are *millionaires* is false. It takes
money to run a business, any business, and to pay more taxes just is
not right.
The money they reinvest won't be taxed regardless the tax rate; that's
a red herring. Presumably they are paying themselves a reasonable
"living" wage which comes out of the business before figuring its
profit, so if they're pulling $250K profit on top of that I have no
problem taxing it. I have personal decades-long experience with a
small business that didn't see that kind of profit in 10 years, much
less one, so I'm having a hard time sympathizing.
Congress and this president think that we can spend our way into
prosperity. That is the first time I have ever encountered that
thinking.
Oh come on. Both parties have been doing this for 40 years...neither
party is saying anything that could be even remotely construed as
coming close to doing anything serious about deficit spending. They
are both addicted to Bernanke's printing press.
My grandkids are ****ed at you and me and Fortenberry, et al for the
position we have put them in.
And they should be. The prosperity we enjoyed (you included) we didn't
earn; we simply borrowed it from them.
Jon.
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