Comments on: Q&A: If you ran a small business, would you want to hire people if the government taxes you on NO profits?

By: Kevin

Kevin — Fri, 10 Feb 2012 08:52:55 +0000

I can tell you our family business is not hiring and we will not be anytime soon. Of course we would not hire more people with the increased taxes on zero profits. Our business is down about 75% from last year at this time.

By: NM

NM — Fri, 10 Feb 2012 08:35:49 +0000

If you sale a product your charging a sales tax which is the governments piece of the pie. Reguardless if you end up negative on your 1040 Sch. C. But you still have to pay the self-employment Tax even if you have a loss. But your income tax will be nothing.

By: consrgreat

consrgreat — Fri, 10 Feb 2012 08:33:42 +0000

I already fired 2 just after the election….preparing to protect…MY …money from Obama and his minions…..Who did I fire….2 Obama Supporters and told them not to worry their messiah will take care of them…

By: Mister Ed

Mister Ed — Fri, 10 Feb 2012 07:37:17 +0000

Of course not! What’s your point?