Wednesday, November 15, 2006

Who Pays What in Taxes

With the Dems soon to be in charge of both houses, you might find the following link helpful when understanding who pays what. Don't forget a lot of small businesses are S-corps where the company income flows down to the owners whether or not they actually see that money. This puts a lot of small business owners is the top 1% category. Therefore, raising taxes on the top 1% (which will be the Dems first tax move when they see the opportune time) affects not only 'the rich' but small businesses which drive a good portion of the economy.

http://www.ntu.org/main/page.php?PageID=6