Obama tax plan - I'm a small business owner that makes $250,000+?

Answers:1   |   LastUpdateAt:2012-10-09 18:02:03  

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I am one of the lucky ones that are included in the Obama tax plan to supplement the families of other people in my income. Here is my situation and tell me why I'm wrong. MedlinePlus MedlinePlus I started my business 12 years ago. I lost money in the early years and 401K retirement living and home loans. MedlinePlus MedlinePlus When I started making money was not as much as many of those who did not take the risk and worked 9-5 for a company. I was still in the hole, but the debt and try to survive. MedlinePlus MedlinePlus About 3 years ago I have the luck of the business work and break the $ 300,000 income level --- Finally! But the debt still needs to be worked out. MedlinePlus MedlinePlus I live in one of the most expensive areas of NJ USA so my house is not cheap. I am the sole provider for a wife and children 5. My oldest son goes to college and because "long ago" I get no help and having to pay the $ 40,000 + tuition a year out of my pocket (after my income is adjusted by the tax bracket of 40% I'm between state and federal). I also help my mother every month with several thousand $ $ - she is a widow on a fixed income. By the way, I'm glad my mom help Obama is the man of the family is making me pay for it makes me a litte resentful. MedlinePlus MedlinePlus I'm not rich by any means, especially when you include the debt I have incurred to make my business successful. MedlinePlus MedlinePlus This is my plan - Tell me why I should not do this for the survival of my company: MedlinePlus MedlinePlus 1 - Go through your tax cost to my clients, that is, the American public - then you will pay MedlinePlus. MedlinePlus 2 - Reduce consumption of between 1 and 3 employees is possible due to lower sales volumes based on price increases and health care costs that will be incurred for all employees. MedlinePlus MedlinePlus 3. Since Obama has made the decision for me as for individuals deemed worthy of my money - either slow or stop writing checks to charities. MedlinePlus MedlinePlus Sorry if people do not do what I do, but the fact is that he was poor more than it was making ends meet. I understand what you are worrying about keeping food on the table - but it never occurred to me that the government rush me. The fact is that successful people inspired me when I was down and broke. MedlinePlus MedlinePlus Please tell me why I should not take the steps described above as a small business owner. I hope I'm wrong about everything for the good people are fired.
Answer1MayaAnswered at 2012-10-09 18:00:06
Keep in mind only taxed on your income exceeds $ 250,000 , so if you make $ 300,000, you pay the current rate on the first $ 250,000 and 3% more than $ 50,000. And if I had to pay this money , how can we stop the debt reaches $ 1 trillion ? How can we fund the troops in Iraq or the retirement of his grandmother ? If your buisness is stolen , would you like the police coming ? Someone has to pay .
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