When you calculate how much income you need to provide for your family and meet your financial goals, do you use use pre-tax income and ignore tax rates? You obviously have to use post-tax income, since thatâs what your family has available to spend. Higher taxes would lower your familyâs income. Youâd have to offset that by spending less, charging more, or selling more.
Both Trump and Biden camps believe their candidate has the most of the angry votes. So, the question is who has the most mail-in votes. Dems believe most mail-in voters are voting for Biden. But, if it turns out the other way, and Trump gets more mail-in votes, the Dems will start a campaign against mail-in voting just as they are now against the electoral college.
Unless your business is the only game in the market you canât charge more than the market will bear. Every business wants to do all three of the things you prescribe regardless of tax rates: spend less, charge more and sell more. Tax rate doesnât factor in the decisions at all.
Market price already adjusts to allow business owners make a livable profit. How do I know? Because other business owners are obviously making enough to live their lives. They would have closed down had it not been the case.
I donât think they can. If theyâre trying to get the low-income vote, they need mail-in. Most low-income workers canât afford to lose the time standing in line.
Not always the case. I know someone who is subsidizing his business by taking out mortgages against his home. Business can be complicated, especially when other family members are involved, or if you donât know if thereâs going to be another job available.
Obviously not all businesses are guaranteed to succeed. If someone is losing money and has to take out a mortgage to make living expenses I would say he has more trouble than tax rates.
You know what helps small businesses way more than tax cuts? Obamacare. Small business owners like myself couldnât have done what we did without access to affordable care.
Ok, one question is whose voters are angrier? Then the second question is who they are angry at?
I know most that most Trump voters are definitely not angry at Trump. But, can Biden count on angry Dem voters to be not angry at Biden? In 2016, a lot of angry dem voters voted for Trump.
Lowering businesses taxes or personal taxes would certainly put money back in his pocketâand his mortgage. It could in fact make the difference for him.