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?
Like the oversight on Freddie and Fannie. The Democrats have lead the oversight committees for 8 years now and have done nothing. Obama will change that! PLZ!
With all the activity going on these days with Washington and Wall Street, you can bet that gov't will only get bigger. I did not say that it would work. only that there will be more of it (scrutiny and gov't)