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Old 10-24-2012, 05:32 PM   #512
Adak
Lecturer
 
Join Date: Sep 2009
Posts: 796
Quote:
Originally Posted by Happy Monkey View Post
Largely false. Money spent on the business is deductible, so it comes out of pretax dollars. Lowering the tax rate could lead to less investment in the business, since you would get to keep a larger share of any money taken out of the business.
Sorry, Happy Monkey, you're in the wrong tree!

The whole point is that you won't HAVE money to put into your business, because your customers didn't have the money to buy as much of your widgets.

Because the gov't took more of their money, and the gov't is also taking more of your personal income, also.

Didn't you ever run a small business before?
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