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3% of profits would be one thing. But we're talking about his top marginal personal income tax rate increasing. (Obama's tax plan calls for lowering corporate
by bunderbunder 14y ago
3% of profits would be one thing. But we're talking about his top marginal personal income tax rate increasing. (Obama's tax plan calls for lowering corporate taxes.) If he fires people over that, it would be a purely vindictive action. His personal income tax rate has no impact on the financial health of his company.