Quote:
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O'DONNELL: But what I'm proposing is to give these tax -- to make sure that the tax cults for our Delawareans do not expire this January. You have said that you will stop the tax cuts for the so-called rich. What you fail to realize is the so-called rich are the small business owner, the dry-cleaner down the street, the pizza shop owner who makes $300,000 before they pay their four employees, before they feed their own family...
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The tax on a proprietorship or partnership is calculated
after expenses are deducted. Is she lying, stupid, or both?