From Mark Cuban:
“Entrepreneurs who create something out of nothing don’t care what tax rates are. Bill Gates didn’t monitor the marginal tax rate when he dropped out of Harvard and started Microsoft. I doubt that any great business or invention started with a discussion or even a consideration of what the current or projected income or capital gains tax was or would be. Entrepreneurs live to be entrepreneurs. Entrepreneurs live for the juice of having a vision and fighting to see it come true, thinking ‘mission accomplished’, and the scoreboard of the financial rewards. I have never had a discussion with anyone about starting a business that included tax rates. If anyone that wanted an investment from me made a point of discussing tax rates as an impact on their business, I wouldn’t invest in them - ever. Honestly, it doesn’t matter what our Presidential candidates and their economic advisors come up with – it’s meaningless. The cure to our economic problems is the Entrepreneurial Spirit of All Americans. Instead of bitching at each other, could one Presidential candidate please show even the least bit of leadership and character and stand up for and encourage the entrepreneurs in this country? Could our candidates stop yelling at each other, start looking at the American people, and encouraging the best of who we are? That person is the one I want to get behind. The best time for little guys to start a business is when the big guys are worrying about surviving in theirs. You don’t need to raise money. You need to be smart and be focused. It’s up to entrepreneurs to start businesses and create jobs. That is the cure to this country’s economic problems.”