overseas. as ron johnson cited, it is a complete giveaway tilted towards corporations over small business. not just a jobs killer but a small business killer. jon: i suspect you see it differently. let s get your reaction. absolutely. i think it s an historic opportunity to affect the middle class tax burden and the economic growth that has been languishing under the obama policies. some of the key features are the repeal of the affordable care act tax which is a killer. over 80% of that tax burden falls on americans under $50,000. lifting that hated tax is one important thing. i understand senator johnson s concerns about the pass-through tax relief issues. that has been addressed in the most recent mark of this bill. small business owners like myself will see significant tax relief and finally i think the class warfare rhetoric is something that americans are tired of hearing.
administration has financial regulations that are clobbering small businesses and health care costs are going to clobber small businesses and payroll taxes already clobber small businesses, so, all of this taken together can be a small business killer at the end of the day. jamie: let me ask you one more question. the businesses that are part of this impacted by the tax system, whether it s substantial or not depending who you believe. aren t they double taxed, don t they pay taxes first on income that comes in and then on the corporate side? well, it s you re talking about corporations that issue dividends. that s double taxation to us, the corporation pays tax on money and issue a dividend we get taxed again. the corporations are double taxing tax codes in general is awful and unfair and inequitiable. it the entrepreneurs of this country are what we re relying on to get us out of this recession and the last thing they need are extra costs whether it s financial