[ex-snook]

Just how damaging to small business is a 1-3% cut in income?

[xcamel]

Very, because they’re twisting the language again, using “income” when they really mean “gross revenue” — which would wipe out 90% of most small business profits.

[OCCASparky]

Just how damaging to small business is a 1-3% cut in income?

Think about the difference between having a business and not having one. Now realize the taxes the Obumble is dreaming up would actually increase business costs more like 30 percent.

[New Perspective]

Just how damaging to small business is a 1-3% cut in income?

Multiply that by every other tax and it is a back breaker. Here is a thought, mind your own business and stay out of other peoples wallets. If you want the government to have more money then YOU give it to them, not me.

[AndyJackson]

Just how damaging to small business is a 1-3% cut in income?

Folks here have to stop hyperventillating and think. First, this tax is net profit, after costs and deductions, of high income earners. Salaries for employees, if any, are already deducted as a business expense, so this does not take a dime from a possible emplioyee. A lot of these high income small businesses are the same folks we all complain about for operating high flying consulting and lobbying jobs where the income already came from government sources.

Caveat: I am not for tax increases, especially not to feed the maws of the feral gubmint bureaucracy. But folks need to do real reading and real thinking and real analysis.

[Travis T. OJustice]

Just how damaging to small business is a 1-3% cut in income?

On top of the 50%+ already in place, for MANY it will be the straw that breaks the camels back. In these times, ANY additional burden will wipe out a significant portion of small businesses. Now is the time to CUT, not add taxes.

[wastedyears]

Just how damaging to small business is a 1-3% cut in income?

Are you vaguely saying you support a Democrat tax increase?