How does raising taxes on small business owners lead to increased unemployment? If the taxes increase, wouldn't the owners try to defer getting paid in cash, and seek compensation in other ways? I thought that was part of the reason for owning a small business - so you can move the profits away from your income, and put it toward assets that the business owns (i.e company car, real estate, equipment, etc.)
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How does raising taxes on small business owners lead to increased unemployment? If the taxes increase, wouldn't the owners try to defer getting paid in cash, and seek compensation in other ways? I thought that was part of the reason for owning a small business - so you can move the profits away from your income, and put it toward assets that the business owns (i.e company car, real estate, equipment, etc.)
Sep 27 18:39 pm
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