John McCain Has No Clue About The Effect Of Tax Policy On Small Business

John McCain Has No Clue About The Effect Of Tax Policy On Small Business

The whole argument being bandied about as a result of Mr. Clean asking Obama a hypothetical question about capitol gains taxes is such a load of crap. The question itself displayed a clear lack of understanding on the topic by Mr. Wurzelbacher. I have been in residential construction over 20 years, and to my knowledge i have yet to meet an independant plumbing contractor who pulled down 250k a year. That's over $4800.00 per week profit before you hit the proposed new capitol gains tax rate. Thats after you subtract your own damn salary too. Cost of doin biz... Most contractors draw a salary from their company. I had myself on a salary when i was contracting, i have an idea of how this deal works, and apparantly more of a clue than either McCain, Palin or 'Joe the plumber'...McNasty and Palin going so far as to say employers are going to have to fire people as a result...complete nonsense agitprop.

It is my fondest wish they get soundly trounced November 4th.

Submitted by Shootingsparks on Tue, 2008-10-21 19:27

Tag Cloud

Popular content