Ravi
Diamond Member
The funny thing is that if you are taking out over $250,000 in personal income and you have a problem paying a little bit more in taxes you don't have to do it. Business write offs are everywhere and HIRING another employee is one option...therefore stimulating the economy and creating jobs.Yeah, that's what I think too.
Let's just say I believe him about as much as I believed Joe the Plumber's fabrication.
Oh yeah, one more point.
You are not taxed by the FEDS on your assets.
You are taxed on your income.
Big BIG difference.
Anyone smart enough to have grown a business to the point where it's making $250 K in profits a year is likely to know the difference between an untaxable asset and a taxable income.
I have never raised the price of goods to the consumer because of my personal tax liability. And I doubt seriously anyone else has.