Obama’s an idiot. Individuals have capital gains; corporations have profits. Of course, Demoncrats immediately modify the word “profits” with the word “windfall” if your company has the word “Oil” in it.
So in reality the Cap gains tax is a tax on the sale of an asset not a product.That is just wonderful!!! He won’t tax you as much when you have to liquidate your small business. What a great REFORMER!!! /sarc