A mother that gives thirty-three percent of her income to big government to allow it to make the decisions she feels she should make, finds federal taxes immoral. Female entrepreneurs who strive to see their businesses expand are frustrated to see their dreams diminish as big government bogs them down with excessive capital gains taxes and overreaching government regulations. American businesswomen, who now control a third of all U.S. firms, know sluggish profits and the inability to hire more employees are partly to blame on excessive taxes producing a sluggish economy. Professional women want more take home pay for their families so they can save for their children's college education. They also want a balanced national budget for lower interest rates.
Women find federal taxes and government regulation suffocating the American dream.
Because black-run business are more likely to be family run than other businesses, the estate tax in particular hits black businesses especially hard. On a 10-point scale with 10 being a major concern, more than half of Black Enterprise Magazine's top 100 businesses rated the federal estate tax at least a nine. These are funds that could have gone into business expansion, thereby creating more jobs, or into savings. All are first generation-owned. All have created new jobs, an average of 27, in the last five years.