Excessive taxation is a big deal, because if you own a small business and you tax that guy really heavily, the small business owner is not going to have any money to invest in new equipment or new plants and things, so heavy taxation on a small business owner is going to be a job killer. And yet, this bill on medicine puts a heavy, heavy tax on small business owners. So, in that sense, it's a job-killing bill.
Editor's note · Context
The speaker is discussing the impact of taxation on small businesses and job creation.
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