The problem with being an employee or self-employed is you pay the highest taxes.
Sentiment: NEGATIVE
We cannot tax the same people we expect to create jobs. That is a recipe for keeping people out of work.
I've built companies, I've created jobs, I know the frustration of small businesses with higher taxes.
Working hard to earn more money and then giving it away in higher taxes isn't financially intelligent, even if you do put some of it into a retirement account.
Make as much money as you can, but can you please pay your taxes, because this is a major problem.
Taxes should be simple and fair... I'm not for increasing income taxes - if we even have an income tax.
If you are doing well, your business will pay more in tax; if you're not doing well, you pay less.
The truth is, no one pays more tax than they have to.
Job creation requires a business friendly environment with a tax structure that is not punitive and a state government designed for efficient use of fewer tax dollars.
So every dollar of income that I have that is potentially taxed away is a dollar I can't put in my company to create a job. My entire company is around job creation.
America's got quite reasonable tax rates from an employee point of view.