PragerU Video Perfectly Explains How Higher Taxes Kill Small Business
You and I know how higher taxes affect jobs, people's salaries, and small business in general. We also know how to math. Leftists? Not so much (see Feel the Bern: Which President Would Raise Middle-Class Taxes The Most? and TOP 5 Tax Cheats Who Want HIGHER Taxes… On You).
But now we have a video to explain things slowly to them.
High taxes hurt small businesses' ability to grow and expand, causing them to raise prices or even trim jobs to stay within their budget constraints,
Two-thirds of all new jobs come from small businesses and lowering taxes can have a big effect on the entire economy for all Americans. So the next time you hear someone supporting an increase in tax rates on businesses, remember that very important group of small business owners and the 85 million people dependent on their success.
Something to remember when the left throws around the "BUT MILLIONAIRES AND BILLIONAIRES" trope.
Think of it this way: the more a business (small or large) is taxed, the less money they have to pay their employees or keep their products and service prices lower. It's simple really. The less money anyone has (even you or me) the less able they are to buy other goods or services.
Contrary to what cotton-headed ninnymuggins like Bernie Sanders say, businesses are not bottomless pits of abundant cashflow. They cannot just "pay people more" while their taxes go up. Often profit margins are razor thin. Not unlike Bernie's coif.
To put it even simpler: if you haven't a bloody clue how businesses make money and operate, shut up about taxing them even more, so you can prance about claiming to care about "the little guy."