Quote:
Originally Posted by MikeSTI
I own my business and to think I employ 18 people and support there families with those jobs I should see some reward for my drive to be a business owner, its the only thing that weights out all the strugals of haveing a start up company, the idea that I would create a company that one day could employ 1000's of people and I would make nothing because I'm taxed equally to everyone else doesnt seem fair. I should just go fight for a job so someone else can deal with the burdon, I mean if I cant make more money on my own whats my drive?
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That didn't make much sense to me, on a couple different levels.
1st, it sounded to me like you basically just said that being taxed equally to everyone else isn't fair - that because you own a business and make some money, you should pay
lower taxes than everyone else. WTH is that?
2nd, you seem to be assuming that a flat tax means you wouldn't ever make any money than everyone else. Umm... no. If you're raking in 300 thousand dollars income every year from your business and you have to give up 10% as a flat tax, that's $30,000 gone. That leaves you
$270,000 disposable income. That's a hell of a lot more than the guy making 50,000 every year who ends up with $45,000 disposable income after his flat 10% tax. Somehow I think you still win.