1% of all small businesses is still an enormous number . . . and they account for a much higher percentage of jobs created by small businesses outside the owners' household (the majority of small businesses are one-person or family operation; it's the high gross ones that employ more people). Further more, small businesses tend to have fluctuating income levels; the "progressive" tax brackets make the effective tax rate much higher for someone who has fluctuating income vs. a government bureaucrat with steady income year after year.

When businesses pay more taxes, they can not reinvest the money into their businesses; the same money can not be spent twice by the same person. "Put money in their pocket"? What's that? There are only three places to put money (besides being taxed away):

1. Invest it. Not all investments are tax deductible, especially if the investment is for new lines of business different from existing ones already generating profit.

2. Spend it, so some other local (small) business get the money;

3. Bank it. So some other entreprenuer can borrow the money. (Keeping cash in pocket/mattress is just a form of voluntary tax while banking at 0%, as the FED tax all cash holding through inflation.)

The owner has to pick one of the three outlets for money that's not taxed. Any one of these three seems to be more likely to produce positive economic outcome than having the money taxed away to the District of Criminals, mixed up by lobbyists and politicians for mischiefs worldwide.

posted by 76.118.39...

• Oil company subsidies?, No Snaab, Tue, 26 Apr 2011 07:25:34
  • Are political comments permitted on the General Board?, dudethe9-5isfast, Wed, 27 Apr 2011 19:10:30
    • It does occassionally, No Snaab, Thu, 28 Apr 2011 07:23:56
      • Can of worms?...I'll say. Enjoying the thread! n/t, Joeychess, Thu, 28 Apr 2011 08:21:48
  • Does US military presence count as a "subsidy"?, Bill Homer , Wed, 27 Apr 2011 08:17:10
    • Correct - good point, john b, Wed, 27 Apr 2011 19:12:53
      • Served up a fat one, eh?, Bill Homer , Thu, 28 Apr 2011 08:00:16
  • Re: Oil company subsidies?, john b, Tue, 26 Apr 2011 22:47:29
    • Re: Historical Perspective, BTG88, Fri, 29 Apr 2011 12:35:46
    • LBJ, Nixon, Ford and Carter Years were better?, Reality, Tue, 26 Apr 2011 23:06:52
      • Reagan cut taxes? That's the BIG myth, AeroEd, Wed, 27 Apr 2011 14:55:15
        • Re: Reagan cut taxes? That's the BIG myth, EGD , Thu, 28 Apr 2011 10:32:26
          • Give the man credit where credit is due, Reality, Thu, 28 Apr 2011 12:07:17
        • You are counting Payroll Tax, Reality, Wed, 27 Apr 2011 18:17:54
        • Not to mentioned, No Snaab, Wed, 27 Apr 2011 16:55:57
  • Re: Oil company subsidies?, EGD , Tue, 26 Apr 2011 15:21:05
  • Gee...uh.... I'mm have ot make this short., nwas, Tue, 26 Apr 2011 13:17:48
  • Re: Oil company subsidies?, AeroEd, Tue, 26 Apr 2011 09:38:03
    • Re: Oil company subsidies?, BTG88, Tue, 26 Apr 2011 18:34:44
      • re singapore -, Mark from Toronto, Thu, 28 Apr 2011 22:42:15
        • Re: re singapore -, BTG88, Fri, 29 Apr 2011 11:47:15
          • Re: re singapore -, Mark from Toronto, Sun, 1 May 2011 22:16:38
      • Re: bottom 47% pay no tax, TML , Wed, 27 Apr 2011 06:47:55
        • Re: bottom 47% pay no tax, BTG88, Fri, 29 Apr 2011 12:05:08
        • Re: bottom 47% pay no tax, BTG88, Wed, 27 Apr 2011 15:53:46
          • Re: bottom 47% pay no tax, TML , Wed, 27 Apr 2011 17:14:55
          • small business, PLEASE, AeroEd, Wed, 27 Apr 2011 16:17:42
            • Re: small business, PLEASE, BTG88, Fri, 29 Apr 2011 11:52:57
            • Some/many Kenyans are rapists, Reality, Wed, 27 Apr 2011 18:24:43
              • Is that the latest Trump attention-seeking lie?, AeroEd, Wed, 27 Apr 2011 20:26:57
                • Back to the more important issue at hand, Reality, Wed, 27 Apr 2011 23:58:23 <-- Viewing This Message
                  • I think what AeroEd meant was..., James, Thu, 28 Apr 2011 08:55:10
                    • Don't forget visible income is necessary for borrowing, Reality, Thu, 28 Apr 2011 09:35:35
                • Quite unrelated, Reality, Wed, 27 Apr 2011 23:55:03
        • Re: bottom 47% pay no tax, Erik919kt, Wed, 27 Apr 2011 15:26:22
    • Re: Oil company subsidies?, EGD , Tue, 26 Apr 2011 15:16:49
      • 10% of us are "rich", AeroEd, Tue, 26 Apr 2011 19:04:09
        • Re: 10% of us are "rich", EGD , Tue, 26 Apr 2011 21:12:31
          • Re: 10% of us are "rich", Erik919kt, Wed, 27 Apr 2011 15:22:10
      • I'd agree, nwas, Tue, 26 Apr 2011 18:15:03
  • Re: Oil company subsidies?, kkelley, Tue, 26 Apr 2011 09:02:28
    • subsidies vs. ?, AeroEd, Tue, 26 Apr 2011 09:44:51
      • Re: subsidies vs. ?, kkelley, Tue, 26 Apr 2011 11:13:02
        • Balance, nwas, Tue, 26 Apr 2011 13:19:55
          • Re: Balance, kkelley, Tue, 26 Apr 2011 13:27:02
            • Re: Balance, James, Wed, 27 Apr 2011 03:28:29
              • Re: Balance, kkelley, Wed, 27 Apr 2011 06:07:03
                • Re: Balance, James, Wed, 27 Apr 2011 06:43:34
            • Yes, nwas, Tue, 26 Apr 2011 18:21:16
  • Re: Oil company subsidies?..Ethical Capitalism! n/m, Joeychess, Tue, 26 Apr 2011 08:28:55

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