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Monday, November 23rd, 2009

Is Business Profit An Impossible Goal?

July 6, 2009 by Jean Murray  
Filed under Business

Is Business Profit An Impossible Goal?

Every day people go into small businesses with the hope of making enough money to enjoy life, save for retirement, and gain financial security.  But one big barrier stops them from making enough money to achieve their goals – it’s called “payroll taxes.” otherwise known as Social Security and Medicare.

Joshua Kennon, who writes the Investing for Beginners GuideSite for About.com, says,
The single biggest threat for those who want to move from the lower or middle class to the “capitalist” class, as some academics have called it, is the payroll tax….[which] effectively serves as a barrier that makes it nearly impossible …read more


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