>Regulation (another word for taxes) and taxes are much higher than in prior periods.

Can we keep the libertarian troll out of these comments? Do you really want to discuss taxes? Most of my wealth is taxed via capital gains. I pay maybe half the taxes my friends pay.

My dad used to run his own business in the 70s and 80s. His tax rate was unbelievable back then for his bracket.

We live in a low tax low regulation period right now. There's no denying it. Sorry Mitt lost the election, but don't fret, you'll get over it.