gpowell Wrote:
Jul 17, 2012 2:06 AM
In one respect I agree with obummer. In years past the government encouraged small business development because they had not yet instituted so many new rules and regulations as to make it almost impossible for a person to start a small business. Also the income tax rate and deductions allowed the business to deduct many expenses. Now the government has put in place more taxes and regulations and penalties to in effect punish the small business owner. They have forgotten that in most small business start ups it is the person starting the business who uses their own capitol and works extremely long hours with little or no pay during the start up years hoping to build a successful business that will provide them with a comfortable income .