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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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