You know taxes are coming, someone has to pay for all the new bells and whistles they are trying to stuff down our throats. Wait and see, they will affect us all. If you are a contractor now, be prepared, all of this is going to cost you. Socialized health care is slated to charge the employer 10 percent of payroll plus the employee will pay 3 percent. You get to pay 13 percent for the government to dole out. Free ain't quite free is it. Plus, where do you think that extra tax is going to be paid from? Business don't pay taxes, we do when we buy their product we get to pay all of those taxes too.
We need to overhaul the whole tax code and the sooner the better.
Re: only the beginning for new taxes
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