If you’re self-empyed, it doesn’t matter; your business income is your personal income.
Taxing the rich kills business either way. If I make a million a year but have to pay an extra $100,000 in income taxes under Obama I don’t eat out as much. I don’t buy a new car, or a new boat, or build a vacation home. I consume less, because my income is lower; that overall consumption loss is spread out over the businesses that I support.
Liberals are idiots.. they never learn.
Gee, that’s exactly what Warren Buffet found out.
When 0 demonizes Corporate airplanes, Buffet’s airplane business dies.
“I don’t eat out as much. I don’t buy a new car, or a new boat, or build a vacation home.”
Or buy an RV or motor home from the good folks in Elkhart, IN, who cheered and praised Obama when he said he would “tax the rich.”
Now they’re waiting in lines for food and toiletries.