Like Stalin’s kulaks in the Soviet Union and what Marxists describe as petite bourgeoisie, America’s small business owners have become a target, only in this case a target of the Democratic Tax Machine. The problem is that when it comes to taxes, a lot of small business owners report profits on their personal income tax return, which means that they have to pay Obama’s higher taxes. Obama’s tax plan, in this respect and others, is counter intuitive when you take into account the recession we are in; we need to strengthen entrepreneurial activity and small business which employs over half of the US workforce as I wrote a month ago. Add to the higher direct tax on business revenues the higher energy costs and capital gains taxes on those who reinvest their profits in the market and we have a significantly increased burden on small businesses.

Of course, not all small businesses will be affected, but the National Federation of Independent Business took a poll and found that approximately 15% of small businesses will be affected, particularly the most successful ones with the most employees. While liberals may look down their noses at Republicans who believe in “trickle down economics,” I am sure that they would not dispute the fact that when the cost of business goes up, management tends to “downsize” or in layman’s terms: cut back hours and lay people off. This chain email presents it perfectly. Trickle down taxation turns into trickle down unemployment.

-AG