Investors lose a trillion dollars in one day

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Originally Posted by Danzig

no, but it is a lot more than most ever make.

perhaps more tax brackets are called for? and every time they mention tax increases, people start in about small businesses being affected. surely there is a way to differentiate between income tax and business?

It might be more than most will make, but in major cities in this country where living expenses are very high as well as taxes (property and income) it's just enough to "live comfortably". For me this includes a wife, a home, two cars and two dogs.
There certainly should be a way to help small business out while not burting them under the same rules as large businesses. Smaller ones (like my own) cannot afford to hire teams of accountants to do our books the way they need to be done to not pay double, even triple if you factor in my portion of my employee taxes.