No I don't agree with it. Obama some how thinks that taking in some cases up to 62% of a businesses income will help grow the economy and create jobs. He/ nor anybody else has been able to substantiate the claim that 98% of businesses don't make $250k.Originally Posted by rrutter81
And if you put aside the income tax issue there is still the increase on the payroll tax, the removal of the cap on social security, etc. which helps to account for that in some cases 62%.
Somebody made the comment that it would take 2.5 million in reciepts to make $250K. According to the outdated info that I have from 6 years ago at the time 22% of businesses had at least that much in reciepts.I'm still waiting for an explination on how he came to that conclusion.
If obama gets elected and enacts even half of the tax policies that he wants to enact you can expect unemployment to go up not down. Guranteed.




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