TheWorx

President Biden has ordered the bureaucracies to protect the little guy from the Fascist abuses of corporate America. The beneficiaries of this action are the consumer, the worker, and the small businessman. Add to that Biden's insistence on getting out of Afghanistan and you can tell how different the two Presidents are from each other. I would hazard a guess that it was Obama's Indonesian Stepfather who led him astray from American principles of right and wrong as they pertain to the little guy. I cannot recall a single action by Obama that made me proud to be an American. Kudos go only to my fellow Americans who voted for an American Black man. Even when there was hope, Barack Obama fell flat. He took my idea for a People's Website for Grievances and turned it into an abysmal government lip service. It took eight years for the people to switch parties--what were we to do? President Biden, on the other hand, is showing signs of truly being the people's president. He w...

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...