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That's exactly what I meant - most small business owners don't generate more than $500K (or even $380K), therefore they're not the 1%. And I agree that raising
by jakeonthemove 15y ago
That's exactly what I meant - most small business owners don't generate more than $500K (or even $380K), therefore they're not the 1%.
And I agree that raising the tax for large companies that do have those kinds of payouts to their executives and employees would make them reinvest into the business to avoid paying said tax in full, which is still better than them taking it home. But then again, there will always be a way to evade that, especially when you've got millions of dollars on the line...