Regarding this fucking DC Decoder post:
I seriously get pissed off at these kind of condescending, the-plebes-don’t-understand-business defenses of asinine shit that rich people say.
My parents are the epitome of small business, bootstraps-types. All of their friends have small mom-and-pop businesses too. The more successful ones employ some people, but more run their businesses using family as free labor. These are actual small businesses.
To clarify what I mean: These are the kind of people who open stores up in poor and working-class neighborhoods that businessmen like Rep. John Fleming (R-LA) wouldn’t touch with a thousand-foot pole. These people work days and nights, weekends and holidays, just to make enough to support their families. Many of these small businesses would go belly-up if their tax burdens went up by even a small amount.
These are not the kind of ‘small businesses’ that would be touched by President Obama’s tax proposal.
My parents and my parents’ friends would count themselves as blessed to earn a $100K income, let alone having $400K left over to invest in their businesses after living expenses.
Again: FUCK John Fleming and FUCK his defenders.