I am so tired of listening to pundits and their guests on TV saying that small business owners are going to layoff workers if the top tax rate is increased the small amount that the President and the Democrats are proposing. Let’s be more specific and start dealing in real numbers. How much did the business earn in the last tax period and how much did the business owner pay in taxes? If the tax rate is increased, how much more will be paid in taxes? Is it $1000 or $5,0000 or $10,000? Be specific so that we in the audience can judge how serious you are and how damaging a tax increase will be. Statements that a tax increase will lead to job layoffs are not credible by themselves without specifics.
- Nj Small Business Owners Ask Speaker Boehner “Where Are the Jobs?” (gloucestercitynews.net)