Comments on: Oh noes! NC has the lowest business tax burden in the country. http://www.exileonjonesstreet.com/2009/02/13/oh-noes-nc-has-the-lowest-business-tax-burden-in-the-country/ a survey of governance and policy Sat, 07 Jan 2012 18:49:52 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Jamz http://www.exileonjonesstreet.com/2009/02/13/oh-noes-nc-has-the-lowest-business-tax-burden-in-the-country/#comment-599308 Jamz Tue, 17 Feb 2009 04:09:19 +0000 http://www.exileonjonesstreet.com/?p=712#comment-599308 Yes Jeff...more businesses need a disincentive to starting businesses here. Ramseur will be losing yet another textile manufacturing plant most likely this week. Maybe they should unionize...that'll showem. Yes Jeff…more businesses need a disincentive to starting businesses here. Ramseur will be losing yet another textile manufacturing plant most likely this week.

Maybe they should unionize…that’ll showem.

]]> By: Jeffrey Sykes http://www.exileonjonesstreet.com/2009/02/13/oh-noes-nc-has-the-lowest-business-tax-burden-in-the-country/#comment-599303 Jeffrey Sykes Fri, 13 Feb 2009 15:56:49 +0000 http://www.exileonjonesstreet.com/?p=712#comment-599303 As a wage earner, I am quite satisfied with my tax burden and remain thankful that my employer's tax burden is low enough that he can afford to pay me said wage because his business remains profitable. As the wage earner responsible for keeping the books and thus seeing to it that the monthly and quarterly coupons are paid, I can tell you the tax burden on small corporations (ours has four employees) is such that it amazes me that any business remains viable. Not only does my employer pay his own income taxes, but he pays thousands of dollars each month for state and federal income tax, double social security, and unemployment insurance. That's on top of worker's comp and health care. Do progressives in this state actually believe that raising business and corporate taxes in a recession is a good idea? I'd like a definitive answer from someone. As a wage earner, I am quite satisfied with my tax burden and remain thankful that my employer’s tax burden is low enough that he can afford to pay me said wage because his business remains profitable.

As the wage earner responsible for keeping the books and thus seeing to it that the monthly and quarterly coupons are paid, I can tell you the tax burden on small corporations (ours has four employees) is such that it amazes me that any business remains viable.

Not only does my employer pay his own income taxes, but he pays thousands of dollars each month for state and federal income tax, double social security, and unemployment insurance. That’s on top of worker’s comp and health care.

Do progressives in this state actually believe that raising business and corporate taxes in a recession is a good idea?

I’d like a definitive answer from someone.

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