The_Dunedan

The problem is, as I said, that those raises (for $250,000+) affect a very large percentage of small businesses. It won't just increase the taxes paid by Bob G. Millionaire, it will increase those paid by Mom & Pop's Grocery and Joe's Plumbing besides. Almost any small business takes in more than $250,00/yr: most of it goes right back out the door again as inventory or payroll or taxes. However, just as you're taxed on your income (and the IRS cares not one whit how much of that income goes for rent/food/bills/etc), so are these companies.

IRS: "You made $300,000 last year, so you owe us $105,000.00 in Income Taxes. Pay up."

Business Owner: "We took in $300,000, but $200,000 of that went to inventory, payroll, benefits and infrastructure. The Corporation only got to keep $100,000."

IRS: "Like we said, you made $300,000.00 last year. What you spent it on doesn't matter. You owe us $105,000.00. Now pay up, or we're seizing your business, all your inventory and infrastructure, and your bank accounts. Then we're sending you to jail."

Business Owner: "But that's more money than we have left over after all those expenses! We'll be bankrupt, have to close down!"

IRS: "Do we look like we give a shit? Pay up or go to jail, your choice."

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"I personally think that America's interests would be well served if after or at the time these clowns begin their revolting little hate crime the local police come in and cart them off on some trumped up charges or other. It is necessary in my opinion that America makes an example of them to the world."

--Strange Famous, advocating the use of falsified charges in order to shut people up.