- Small Businesses, and their Savior: Cutting Business Taxes | Young Philly Politics – Ooops. That is right. IF you are a small business, you may a few bucks less in taxes… but you will instead pay for your services, in the form of a $500 flat fee for trash pick up. And, remember that point above, about what makes the GRT so evil- that you pay whether you make a profit or not? Oh, yeah, you pay this whether you make a profit, too. What a sweetheart deal! Comcast, Cigna and others get a huge tax break every year and taxes are lowered. Small businesses get a tiny tax break, and then immediately give that tax break back in a trash fee. And as a byproduct, when Comcast and friends (and Coca-Cola and Exxon) no longer pay, the city’s treasury is further shrunken, preventing the city from providing other services.
Small businesses, like the majority of people in the city, have been sold a false bill of goods with respect to tax cuts. If anything can show what this has really been all about- breaks to big corporations- it is this.
Posts Tagged: businessplan
22
Jun 09
