VET.....you are completely and utterly full of BUNK..........
So, let me get this straight........you are saying a 3 or 4 % increase in taxes is no big deal for a small business owner.........JUST what the HELL business are you in.
And I really don't understand your math??
A 3 or 4% increase in taxes on Gross revenue may in fact be a 10 or 15% decrease in net profits..........do you UNDERSTAND THAT??
So lets say you make 100k in gross revenue, and pay 25% taxes. So you pay 25k in taxes. Now lets say that you have other "stuff".....payroll, equipment, whatever, that amounts to 50k a year, and that 50k is fixed number. So now out of that 100k you make a year, 75k is operating costs and TAX. So you get to take home 25k.....MAN you're filthy rich right........
Well hold on...........Vet thinks it is no big deal to pay 3 or 4 or 5 percent MORE in taxes. Lets make it 4%. Son now instead of 25k in taxes you pay 29k in taxes. So now instead of 25k in real dollars you take home, you now get to take home 21k. 4k less. So that 4k is nearly 20% of your take home.
NICE.
Yea, I HATE TAXES.....and I doubt you have your own business, and I doubt it is successful, because not many can "afford" an additional 4% in taxes as you state.
Later,
Geo



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