Lawrence writes:
“I AM a small business owner – started it in our apartment and now it makes more than $250,000 a year in profits. There are so many legal tax breaks for small business – I can invest up to $45,000 in an individual 401K, I can invest up to $250,000 this year in equipment and write it all off (Section 179 deduction), I get to write off my medical insurance, I get to write-off a portion of my auto and my home office expense, etc. I can probably make about $400K income before I even reach the $250,000 threshold.”
..and when the Obama/Reid/Pelosi tax plan comes down and you and the tens of thousands of other business owners like you have to pay more in taxes for the same endeavor to an unproductive, wasteful federal bureaucracy that makes nothing and creates nothing, instead of investing the extra money in the economy, then that economy would?
..anyone..anyone..Beuller..Beuller..expand..contract?
Have a blast running your psuedo-business, you fake. You also might want ask Obaama’s campaign to “spread the wealth around a little” to you trolls for posting this drivel. I hear they’ve pulled in 150 millions this past month.
