I like how you explained it. Don’t you also have to figure in health care benefits for your employees (if you have over 20 employees in CA, I think, you are mandated to give them health insurance).
What bugs me about this is that Obama will tax the small business owner, which includes retail stores (hardware chains/moms and pop stores, etc). So they fold and it’s cheaper for people to go to Wal Mart. So then WalMarts profit margins increase, but basically they are treated as the bad guys, when it’s the democrats who actually, by refusing to support small business owners, force people to shop there because the smaller places can’t stay afloat in retail goods.