<<<In Tax Foundation Fiscal Fact No. 152, "The Effect of the Presidential Candidates' Tax Plans on Flow-Through Businesses," Tax Foundation Vice President for Economic Policy Robert Carroll, Ph.D., explains that because most small businesses are not required to pay the corporate income tax, small business income instead "flows through" to the owners who report it on their individual income tax returns. Carroll explains that with 35 percent of business taxes paid in this manner by the owners of "flow-through" businesses—sole proprietorships, farm proprietorships, partnerships and S corporations—it is important to analyze how tax increases affect the entrepreneurial sector.>>>
Tim,
We have tried this right wing supply side, trickle down, economics the last eight years. It does not work. We are in an economic melt down. We have to go back to the Clinton era economics.
Paul Volcker, Robert Rubin, Lawrence Summers, Gene Sperling, and Warren Buffett have proven track record. They know what they are doing. They are going to head up Obama's economic team.
Get out of the way. Let these guys restore our economy.
You guys have had your chance. You screwed up. |
