Quote:
Originally Posted by DirkFTW
I think he's saying it's not worth starting your own business, so he's giving up. It's not that he's got enough to retire comfortably. It's that being taxed to death is worse than just calling it quits. For him, the dream is dead.
Hope he's the only one.
|
He's an idiot if he's paying 50% taxes on his business' income... He needs to hire an accountant (or take a couple accounting classes at a community college) - I bet at least a third of what he's paying can be written-off... Businesses are afforded sooooo many more financial loopholes than individuals that no business owner should be bitching about what they pay in taxes (only MAJOR corporations get taxed unfairly because most of the taxable income in this country is wrapped up in them...)
At the end of the day, this guy is probably just another business owner who sucked at his job and he's trying to use politics as a cop-out for his own short-comings (probably because the guy he voted for lost, as if it would have made a difference...)
Most of the people I know either work for themselves or own a small business and they seem to be doing just fine (none of them pay 50% of their business' income into taxes either!) A lot of it depends on the industry you're in, but success is still measured by one's ability to change with the times... Well, times are changing fast these days - if you're not ahead of the game, then you've already lost! (survival of the fittest and whatnot...)