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[DSanner106 AT aol.com]

Perhaps If you really believe this is not the start down the slippery  slope, 
and that Obama wont drop that to 150,000 to start and scale it up to an  
extra 10 percent or more by the time it reaches 250,000. What was the top 
rate  
under Carter, 75 percent I believe????
 
Does anyone else feel sorry for Joe? The media has investigated and  reported 
that he owes back taxes, like about a third of Americans, and that he  
doesn't have a current license (which he doesn't need as an employee) The 
Media  
will smack anyone around that asks an unscripted question of the great Obama. 
 
D
 
In a message dated 10/16/2008 11:08:43 P.M. Eastern Daylight Time,  
mmcharry AT gmail.com writes:

A  plumbing business that has $250,000 in profits after expenses is a
pretty  big plumbing business. You do realize that the 3 percent that
Obama is  proposing is the marginal rate; i.e., this guy's tax would
only go up 3  percent on the amount he takes in profit above $250,000.

Plus, to buy a  business with profits in that range is going to take
several multiples of  the profits -- a million dollars or more,
depending. In the current lending  climate, I'd guess that taxes on
profits are the least of his worries. (And  that's not counting getting
a plumbing license or paying his back  taxes.)
 
 



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