TheWorx

This matter of small businesses and their taxation needs to be put to rest with regard to the effect  increased taxation has on hiring. The owner of an established business deducts, among his numerous expenses, the cost of labor from his taxes. The labor he employs in his business is the minimum required to fulfill his obligations to his customers and meet demand--no more, no less. If he hires beyond what is required, he is doing so for an ulterior purpose other than profits and, as such, obtains some degree of personal satisfaction from the superfluous hiring--that's his prerogative and is not to be considered here. But the true businessman hires only what he needs and deducts the expense from his revenue so as not to subject it to taxation. This businessman then obtains a profit that can be taxed by the government. At this point, it is no different than the salary that is obtained by the vast majority of U.S. taxpayers. If profits over 250,000 dollars are taxed at a hig...

People today are almost totally dependent on others for their livelihood. Gone are the days of hunting, foraging, and even fishing for daily subsistence. Gone are the days of camping out in the forest. Because these options are no longer available to the ordinary man, others must come to their rescue. The problem is that our society has relied on market forces to correct the economy, and stimulus programs have been hit or miss and have taken too long to have an effect. If there is any doubt about the immorality of the U.S. corporation, you need only consider that our economy is in trouble and companies are holding back from investing their cash reserves because they don't wish to jeopardize their bottom line. Let us say that it is a simple business decision and that CEO's are not expected to be moral people because business must be objective to remain competitive. In that case, the solution is to make all businesses hire the unemployed regardless of whether or not they are need...