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<blockquote data-quote="Up In Smoke" data-source="post: 5385747" data-attributes="member: 79702"><p>Being a small business owner (less than 50 employees) we did not qualify for many of the tax breaks.&nbsp; There was a different formula for sole proprietor, partnerships, LLCs, C-corps and S-corps.&nbsp; The profits are either paid out as limited shares (draws) or salary through your personal income. These incomes are taxed at a higher rate than the corporate rate.&nbsp; The employment numbers slowed a little compared to the last 3 years of Obama, but that&#039;s expected, with fewer available citizens.&nbsp; Where the increase was seen was in overall and government jobs.&nbsp; In 2008 we had 144M workers with 23.9M in government. 2016 saw 153.5M workers with 23.3M in government and in 2020 there 152M workers with 23.6M in government. Today we have 158M workers and 23.3M in government.&nbsp; You&#039;re correct, we have a spending problem, but neither side seems give a damn.&nbsp; The past 2 years we have reduced our deficit spending by large numbers, but it&#039;s still deficit.&nbsp; SMH.</p></blockquote><p></p>

[QUOTE="Up In Smoke, post: 5385747, member: 79702"] Being a small business owner (less than 50 employees) we did not qualify for many of the tax breaks. There was a different formula for sole proprietor, partnerships, LLCs, C-corps and S-corps. The profits are either paid out as limited shares (draws) or salary through your personal income. These incomes are taxed at a higher rate than the corporate rate. The employment numbers slowed a little compared to the last 3 years of Obama, but that's expected, with fewer available citizens. Where the increase was seen was in overall and government jobs. In 2008 we had 144M workers with 23.9M in government. 2016 saw 153.5M workers with 23.3M in government and in 2020 there 152M workers with 23.6M in government. Today we have 158M workers and 23.3M in government. You're correct, we have a spending problem, but neither side seems give a damn. The past 2 years we have reduced our deficit spending by large numbers, but it's still deficit. SMH. [/QUOTE]

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