Question by Your Silly Prince: Why do small business owners complain about taxes so much?
If your business fails because you suck at making money and need a giant tax cut just to scrounge by…. you must just suck at managing your money, or are trying something that wasn’t very intelligent in the first place.
Instead of blaming the government, you should do something more intelligent and blame yourself for not knowing how to run a business better.
Others are doing great, why do you think there are giant corporations. So why can’t you? um… its all on you!
Best answer:
Answer by Hi, Vote Nader!
Greed, unending greed
Add your own answer in the comments!
You much like Obama and Biden have never run anything in your life
I would love to see you run a business
You would fail in your first year.
Raising taxes on small businesses results in jobs being cut every time.
Your ignorance knows no bounds.
Small businesses are more concerned about lawsuits. They can come out of nowhere and can ruin a business, just to enrich a trial lawyer.
For the same reason that people complain that there are no jobs.
Small businesses that are taxed into the stone age have no choice but to lay off people.
I own 2 small businesses and never stop paying tax’s. On top of the tax’s I pay mandated programs like Workers comp insurance, liability insurance, insurance on trucks, I pay hospitalization insurance on employees, vacation costs, training costs, bonus’s, the list never ends. Then Democrats want to increase the tax rate?
Impossible!
There is only 100% to take…. now lets see…
27% income tax,
16% workers comp,
16% Social Security,
3% State income tax,
11% unemployment tax,
5% vehicle insurance,
7% health insurance,
3% liability insurance,
5% employee vacations and bonus’s,
1% employee training,
3% project insurance, ….that’s 97% business costs…
So I’m supposed to survive on 3%. So just how much do the Democrats want me to kick in now?
When all the percentage points add up to 101% will they be satisfied?
You must be either Bill Gates or Warren Buffet.
What you are saying shows the true effect of the “tax the rich” plan proposed by liberal Democrats; it is in fact a “tax the upper middle class” plan. By referring to everyone who makes over $ 200,000 as rich, liberals can prey on the class envy of lower classes.
That is all the “tax the rich” plan is: a way to buy votes of the lower and middle classes, while hurting the upper middle class. The extremely wealthy can survive the tax hike and will profit later on by buying up those small businesses that go under at a cheap price. In truth, all that will happen is the destruction of much of the upper middle class and further widen the gap between the rich and the poor, which is the opposite of what liberals say they want. That is why Bill Gates, Warren Buffet, and George Soros support such an extreme tax plan; it helps them get even richer, while most other people get poorer.
BTW. “Vote Nader” – What has Ralph Nader ever contributed to society? All he has done for forty years in piss and moan, making a living off of poorly written books and speaking tours. Nader has never provided a good or service, but he has lived pretty well; is anything more selfish and greedy than that?
This just proves that government should not be in the business of wealth redistribution.
Understand, when businesses incurr additional costs they have few choices.
let people go
raise the price of their product or service
decrease the quality of their product
Government intervention in a free market society will not work.
Ultimately you will end up with socialism.
Research terms like profit margin.
Understand that those hated evil filthy rich big oil companies make approximately 6.8% pm while pharmaceuticals and electronics make in the high 20s.
Take a look at how much tax is on a gallon of gas, you will see who profits with no risk what so ever.