I asked a whole bunch of small business leaders--we had probably 30 or 40 of them, and we created a list of job killers... excessive taxation was the deal. Of course, what we have done is we have got, what is it, the people in the upper tenth of the income bracket are paying something like, what is it, 50 percent of all of the taxes in the country or something. So we are just hammering these small business owners with taxes. Then we wonder why we don't have jobs.
Editor's note · Context
The speaker discusses the impact of excessive taxation on small businesses and job creation.
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