Corporate Tax, Small Business, Etc.

[Alan®]

I began thinking about Joecoolfreaks post and decided to finally help draw a picture for everyone since no one seems to get it.

Source: AP

That means, regardless of what you do to the corporate tax code, two thirds of them aren't even paying ANY corporate taxes.

Do you know notice what word seems to be missing from your post that would actually have relevance? LARGE. Figures that the study would be launched by the Democrats

Let me break it down for you statistically.

There are currently 25,409,525 business operating inside of the U.S. Of those 25.4 million, 19,523,741 are considered non employer firms because they have no payroll. That is roughly 77% of all business operating inside the country. But and I quote....

Source:http://www.census.gov/epcd/www/smallbus.html

Account for only about 3.4 percent of business receipts

I wonder why they aren't paying any business tax . Think about it 77% of business operating in this country are people with no payroll (I.E. Self-employed) yet only account for 3.4% of reciepts. Translation they aren't making that much money. With that said would you rather pay personal income tax or pay 39.2% corporate tax+State Tax+Health Care and then finally pay yourself with whatever's left over.

Additionaly by size definition a Small Business (depending on sector)has no more than 1,500 on average though it's about 750~

Source:http://www.sba.gov/idc/groups/public...d_tablepdf.pdf

Go back to the Census Bureau. If you include all those with no payroll. Small Business accounts for (if you go to 1500) account for 99% of Business in the market place. Do the math yourself if you don't believe me because I checked it 3 times.

If you really think that doing nothing to the corporate tax rate will have virtually no effect on this ecconomy plase get yourself a clue.