Quote:
Originally Posted by Ike Bana
The whole right-wing concept of income tax destroying job creation by taking money out of the pockets of "job creators" is utter bullshit political propaganda.
Anyway, it's personal income tax. It has nothing to do with job creation.
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Such observations are usually made in reference to businesses formed under S-Corp, Partnership or Sole Proprietor tax rules, where there's not much difference between the personal income tax of the business owner and the income tax of the business. In those cases, it has everything to do with job creation.