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jetstream23 · 10-13-2008, 08:37 PM

[QUOTE=MnJetFan;2803558]Senator Obama has stated 90% of small businesses will get a tax break because they earn less then $250.000. Here is a site describing small businesses.

[url]http://www.business.gov/faqs/[/url][/QUOTE]

But small businesses that are setup as sole proprietorships easily eclipse that $250K number AND they are the ones who employ the most people, create the most jobs. Those are the ones I'm worried about.

It's like saying that 9 out of 10 soft drink companies earn less than $250K because they are lemonade stands....but Coca-Cola gets hammered. Where would a job cut of 10% hurt most? The lemonade stands or 10% of Coke's employees?

10-13-2008, 08:37 PM	#2
jetstream23 recovering from turf toe Jets Insider VIP Join Date: Dec 2005 Location: Phoenix, AZ (New Jets Stadium Section 246) Posts: 31,607	[QUOTE=MnJetFan;2803558]Senator Obama has stated 90% of small businesses will get a tax break because they earn less then $250.000. Here is a site describing small businesses. [url]http://www.business.gov/faqs/[/url][/QUOTE] But small businesses that are setup as sole proprietorships easily eclipse that $250K number AND they are the ones who employ the most people, create the most jobs. Those are the ones I'm worried about. It's like saying that 9 out of 10 soft drink companies earn less than $250K because they are lemonade stands....but Coca-Cola gets hammered. Where would a job cut of 10% hurt most? The lemonade stands or 10% of Coke's employees?