We will try to find ways to make corrections. The families that created these businesses, through decades of saving and sacrificing, own the land, the property, the equipment, the furnishing, and the business. It is wrong because it punishes grieving families. As a result of the government's policy, the family now either has to sell the business, or take on huge new debt obligations, or give the government every last penny they have saved. It is wrong because it punishes small businesses.
Small businesses are the backbone of our country.
Reinvesting in small business is what keeps these businesses going. It is making the business less competitive, less dynamic, less resilient, and less profitable. In the long run, it is killing a taxpaying enterprise. It is wrong because no such tax is levied on the club's tax-exempt competitors. The industry's larger players are insulated from this tax.