Hey! We'd welcome you.

Again, you don't seem to understand how business and taxes works. Only operating expenses can be deducted from total profit. Everything else is taxed, and we're talking about people and companies that clear $250K or more, not those who only clear $100K so I don't understand why you bother to even bring them up here.

Raise those taxes and that business can no longer afford to grow, re-invest in itself, or hire more people.  Yes, companies do reinvest much of their profits back into the company, AFTER those profits are taxed. Raise those taxes and they have less to reinvest and grow their company. They more likely will have to lay people off to survive. Businesses grow on their profits not on their taxes, and the small business owners of this country drive our economy.

Tax hikes will do nothing more than cause increased unemployment and ultimately reduce total tax revenues as fewer people will be working and fewer businesses will grow.

Not entirely accurate - if you choose to reinvest profits into your business by incurring various expenditure that is allowable for tax purposes, then that will reduce your actual taxable profits, meaning you pay less tax, and the profit reinvested wasn't after tax.

What's done with the profit that has been taxed after tax? Well it'll probably either be reinvested in the business in an area not granting immediate tax relief, or it will be taken as income (business), or given to shareholders (company).

If they're struggling to survive, that suggests their profits will be minimal, or they may even have a loss, hence the tax rate wouldn't have much immediate impact.

Highly unlikely that increases in taxes would reduce total revenues. I can't remember the rough estimated level that taxes would need to be for an increase to be expected to decrease tax revenues, but it's much higher than the US's current tax level. Tax increases will reduce the tax base, but typically not by enough to outweigh the increased proportion of tax gained from the tax base.

Operating expenses are allowable, if they are incurred during that tax year. Operating expenses do not grow a business and are not an investment in that business. Capital investments grow a business. Capital investments come from after taxes monies.  When I ran my own trucking company I could not deduct the price of my truck or trailer, just the interest on the loan for them. I could deduct fuel, tires, maintenance, and everything else related to operating it, but not the truck itself.

For me to buy a second truck and consequently put a driver to work driving it, I would have to clear enough money after taxes to be able to afford to pay for that truck. Rasing my taxes would reduce an already slim profit margin and kill the chance of my being able to do so and thus prevent me from growing my business or creating jobs. That is not how one goes about growing the economy.

That would only be true if the GDP and employment situations remained constant. If higher taxes caused a large increase in unemployment and sharp negative business growth, tax revenues would have to fall. And reducing the tax base is a nice way of saying it would kill businesses and put people out of work. Hardly a good option.

It's no problem for the companies large or small to pay their 35% tax. Apparently you never heard of passing it on to the consumer. There's your middle class tax break fruit cake. No big conspiracy, it's pretty simple, higher costs = more expensive product. Get a brain.

wow I never though of that right off usually I do. I tell the old lady that when she says something about the gas companies or whatever.... I told her that they are going to make the money either way. stuff just gets handed down to the person buying said stuff and overall it just hurts the middle to low income people. ITS AWESOME@

We're not talking about what small businesses make. We're talking about what people who make $250k or more a year do: They own small businesses.

Most of the people (look it up) who have taxable income > $250k are people who have a small business attached either as an LLC or more commonly as an S-corporation.

Or Richard pining for FDR's return.

That maybe somewhat true if you consider state and local taxes, But the federal tax rate is not variable. You pay your percentage after you reach a certain dollar amount. Two companies of approximately the same size making similar products would share the same federal tax bracket. You can figure in what ever you like to skew the bottom line. If you care to give an example of any corp, that doesn't pass on it taxes along with other costs (Santa at the North Pole, doesn't count), I'll change my opinion that you could be an Alzheimer's patient out of touch with reality.

What the higher taxes will be passed on to the consumer. TO think otherwise its just silly. You think companies just soak up cost? didnt you notcie a raise in the food cost recently due to the higher fuel charges? this is just one example of companies making money and passing on the cost to the consumer.