This type of a margins tax would be paid whether you were profitable or not. Unprofitable businesses would just become more unprofitable.

All of my businesses are profitable.

With their low margins, they can't afford to have unprofitable stores. It could destroy the profitability of the chain.

Dealers have to disclose things that private individuals don't. With individuals, there is less of a paper trail, less verification and less regulation.

What I've been trying to say all along is 40,000 is very limiting to what type of businesses are going to be able to come in.

The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses.