SECA tax victims created more jobs in this recession than Obama

In 2011, the SECA tax kicks in.

Basically this eliminates the tax advantages of self employed S-corp filers who net less than 200k. It is a net tax increase of about $8,000 on top of all other taxes paid. Keep in mind, all tax brackets go up next year on top of this.

THIS IS A JOB KILLING SMACK DOWN ON SMALL BUSINESSES.

Many S-corp filers are small business owners AND service businesses AND filing in the brackets that are about to increase. I personally used my earnings this year to invest heavily into another small biz and hence created jobs; probably more jobs locally than our idiot stick President did with a trillion dollars (well more jobs than anyone outside of the Friends of Norm Dicks Club anyway).

On top of our job killing Governor who raised the B&O tax impacting basically the same set of businesses, it is as if our state and federal government are declaring war on small businesses.

You lefties may not like my politics- but remember when these taxes kick in, high earners have a choice to NOT invest in our local community and that choice is looking more attractive when "tax" enters the "tax and spend" mantra of our current government. Punish the rich and the rich will punish you many times over, that's how it works. Socialism = bankruptcy because you will run out high earners to tax by 2012.

Sure you hate me, I stand for things you hate like protecting unborn children, affordable medicine, school choices, death being an untaxed life event, and keeping an honest and small government. But why do you hate my employees? Why do you hate the businesses in my supply chain and their employees? Why do you hate the contractor who would remodel my house? Why do you hate the landscaper who would improve my yard (which looks like crap because I work all the time)?

I COULD be spending my summer on a sail boat out in the Sound instead of working 14/7 days. In 2011, that is looking like a very attractive proposition.

I think Obama and Gregoire should start a new tally. Since creating and saving jobs has been an utter failure, they should start counting jobs killed by their policies.

side note: the housing numbers posted today are catastrophic. What did you expect? Why would a high earner go invest in a rental property or larger first home when you are going to take away their ability to pay for it next year?