Archive for April, 2009
Who’s Getting An Obama Tax Increase?
Not many entrepreneurs will see their taxes go up under Obama’s changes, but the ones who do might be the most important to the greater economy.
The Washington Post has an interesting look today at exactly who these people are and some of the businesses they run. One of those is Gail Johnson, who runs a chain of preschools and after-school programs. The profit from that business is declared on her personal tax returns, and that pushes her income into the bracket on which Obama plans to increase taxes. Those increases could endanger the workers at her nine campuses, each with 75 employees:
…Johnson’s
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