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Sunday, September 30, 2012

The Music Business Money $$


As I was doing an assignment today for my new class that I started this week. We had to read a whole financial background of an existing business and recreate their income statement. After further review of the business and the information that they provided us, it has really opened my eyes. I’ve come to realize that like anything in this country, it’s all about politics. It is unbelievable how much money in taxes is being taken away from this business. They started off as a small business in a community in the Central Florida area. They were fortunate enough to build off of success and be one of the most successful corporate entertainment companies to exist in today’s age. Because they have become so successful and have created more jobs for those in the community, they are being indirectly penalized, by paying more in taxes.

Now I know that we are currently in the middle of the race for presidency between our current president Barack Obama and Mitt Romney. I don’t want to make this post a controversy or political or anything. But, I just cannot understand how a president can allow something like this to happen to companies like this one. I mean its companies like these that keeps our economy moving and what gives people jobs. I mean I really cannot understand this. This is outrageous!

I also look at it on another point of view too. I mean what would our government be like if they did not have money to fund all these programs that they are offering the citizens of this country. I guess it’s really a catch 22 huh?

It really makes me wonder up to what point this country will go to. All I can say at this point is that the Americans really need to think about the economy of this country and what’s best for the benefit of this country at this point.

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