What Obama means by tax the wealthy
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What Obama means by tax the wealthy
| Sat, 06-28-2008 - 11:14am |
What Obama means by tax the wealthy
Here's a closer look at how the Democratic candidate defines well-off for different households, and what his proposals will mean for them.
Here's a closer look at how the Democratic candidate defines well-off for different households, and what his proposals will mean for them.
http://money.cnn.com/2008/06/27/news/economy/obama_wealthy_taxes/index.htm?postversion=2008062809


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I have a Subaru Outback - you'll LOVE it!
My Outback gets a good 28 MPG, just putzing around town.
Shrug, I've got a small business and we gross much more that 250K, but with offsetting expenses and tax incentives, we net much less than 250K per owner.
Incentives for reinvestment are part of the tax system.
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Actually, I think employers (ie owners or top managers)of comapanies that violate labor laws should be prosecuted personallly.
I disagree with you, but I'm pretty sure
Taxes are a very real problem for small business owners.
<>Tax problems not only prompt a sizeable number of small business owners to file
for bankruptcy protection, but they also appear to impair the ability of some small
business owners to obtain a financial fresh start even after bankruptcy protection has been
granted. Tax debts appear to remain a post-bankruptcy cause of financial distress for a
sizeable number of entrepreneurs because of the non-dischargeability of tax debts.<>
http://www.sba.gov/ADVO/research/rs317tot.pdf
The site I was talking about was a study that ended in 2001, so high income is probably less then it is now. They said most SBO are high income people and have
Take a closer look at that report - that's not "small business owners", it's "small business owners in bankruptcy".
>>>I don't see where it matters if he has a liberal reputation - it doesn't have any affect on the report.
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