Quote:
Originally Posted by aceventura3
I don't see your comments as a disagreement. The issue to me is that the folks in Washington should stop and think about the impact small business has on this country and stop with the attacks. Here is a link to the Census Bureau with some stats on small business.
Statistics about Business Size from the Census Bureau
For example in the category of business employing 1 to 99 people - there are about 4.8 million of these firms, employing about 58 million people. There are 3,534 businesses with 2,500 employees or more, they employ 42.8 million. Big business has big influence in Washington, people who run business with fewer than 100 employees get ignored and get the shaft.
Think about it this way, there are 4.8 million small businesses based on the above on the margin of hiring one additional employee, staying with what they have or laying off one employee. In November there were about 15 million considered unemployed. Unemployment could be cut by 1/3 overnight with policy that encouraged each business in this category alone to hire one person!
This is not complicated stuff and I don't have any special knowledge or insight - so what is the deal with the folks in Washington???? Sorry, I am just blowing off steam as I end another year in the hole - two years ago I employed 4 people, 6 including me and my wife, now it is just me and my wife.
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I've always wondered if part of the problem is the folks in Washington are simply out of touch. You can only garner so much information with just numbers and raw data, which I'm sure (along with pandering for votes) is what usually goes into making a tax policy. It can work to an extent but if you don't take into account the real people and issues behind those numbers then its never going to work properly.
Sorry to hear about your business, hopefully you and your wife are able to keep it afloat. I can certainly understand needing to blow off a little steam about it.