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Question for the economic aces
BAR wrote:
Boater wrote: SmallBoats.com wrote: Eisboch wrote: If I am correct, then we are witnessing the biggest scam of the whole election process. As you know, I founded and operated a business for many years. A couple of times I nearly went belly-up due to income taxes due. The income tax structure basically penalizes you for making headway and actually start producing a profit which can then be re-invested into the company. Income taxes basically became a cost of doing business and the better you did, the more you paid. I didn't pay a cent in "Capital Gains" taxes in all the years I had the business. I paid through the nose when I sold it though because at that time the rate was something like 35 percent. Eisboch president.. Drool on, Justwaitascotty. Eisboch...it's not relief on capital gains, it's tax relief on the investments made in small business. Maybe Obama didn't explain it properly in the tv appearance you saw. He has explained it in detail several times. Why can't Obama explain it properly all of the time? I'll be sure to ask him for you when I see him. |
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