That whole conversation in the debate was stupid. No small business turns a $250k profit (unless are you are talking about the 500-employee 'small business'). Any mom-and-pop is going to write down every dime...lease a car, write off most of your personal expenses, etc. and show a $5 profit on paper and not pay a dime in taxes. Any truly small business that pays taxes would have to be remarkably stupid. It makes far more sense for a profitable small business to put revenues into expansion than to show a profit.
That whole conversation in the debate was stupid. No small business turns a $250k profit (unless are you are talking about the 500-employee 'small business'). Any mom-and-pop is going to write down every dime...lease a car, write off most of your personal expenses, etc. and show a $5 profit on paper and not pay a dime in taxes. Any truly small business that pays taxes would have to be remarkably stupid. It makes far more sense for a profitable small business to put revenues into expansion than to show a profit.