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What about the Child Tax Credit? Same thing. The goal is to ensure a better quality of life for the children. Also, any increase in taxes is really for very
by jaxn 18y ago
What about the Child Tax Credit? Same thing. The goal is to ensure a better quality of life for the children.
Also, any increase in taxes is really for very few. In addition to my startup I also own two retail clothing stores that gross over $1.5mm each year. Yet, my share of the net profit is below $250k.
Then there is the health care deduction. I would get that deduction for all of the employees I am already providing health insurance for.
And what about Obama's proposal to eliminate capital gains taxes for small businesses? I haven't seen the details, but the only way for a small business to incur capital gains taxes is by selling assets. I would think a bunch of people working to create companies that they can possibly sell for a large sum would be in favor of eliminating that tax.