I copied this from another forum. This guy is a business owner and has posted about his company a few times. This is how business works although I wouldn't expect some on this board to understand.
Those familiar with my posts might remember I said Obama's tax increases caused me to change my fiscal behavior a few years ago by reducing ordinary income as much as possible while increasing unrealized capital gains as much as possible. I just finished my 2015 taxes and mission accomplished. Fifty percent of my income going to federal and state income taxes and Obamacare taxes and property taxes was my breaking point.
I greatly reduced my federal income taxes including the 3.8% Obamacare tax. The money I had been using to buy minerals/royalty primarily went into publicly traded international stocks that could keep as much earned cash as possible overseas and safe from America's highest in the world corporate tax rate. Their appreciation has been meaningful.
It appears to me the best way to build wealth in today's America is to minimize ordinary income and short term capital gains.
Now that I am not buying minerals and drilling as many wells I probably won't need all these employees and all this office space either.
And this my fellow Ags is the true story of what happens when taxes become too high. The effort and risk to succeed isn't fairly compensated in the opinion of the one person that matters. The one person who is causing the success, employing the people and paying the taxes. What Obama, Hillary or BLM thinks about me and my efforts is irrelevant. The bottom line for them is American politicians will have less of my money to spend and fulfill the promises they made to their democrat plantation voters.
