Quote:
Originally Posted by Brian Carlton
The additional marginal tax rate of 39% on the owner has no effect on his hiring decisions. It's just a talking point on the right.........total BS.
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I see. So your point is that you can tax me more because I am a small business owner and I will not be able to move my business overseas (captive audience) and it will not have any effect on whether I hire someone or not? How did you come to that conclusion, may I ask? Lets say I am a Sub S and the profits go to me directly. Lets use some small round numbers. This year, I cleared say $100K and am taxed $20K. That leaves me $80K. Next year, you want to tax me $25K and it leaves me $75K. What you are saying is that I will just lump it and take $75K without trying to take more out of the business to make the 80K?