Re:My thoughts... (Score 1)

My company has 6 full time employees, in addition to a few additional part time employees and freelancers. Assuming that each of us earned $50,000 that would mean my company needs to bring in at least $300,000 a year, just to cover salaries. Obviously, we're earning more than that. This means my company would be paying more in taxes under Obama's plan.

Um, surely expenses such as salaries and benefits are normally deductible? So if your company took in $300,000 and paid out $300,000 in salaries, it would not pay a penny in taxes?