Confessions of a 'Job Creator'

Dana Milbank admits his corporation employs no one
By Kevin Spak,  Newser Staff
Posted Sep 21, 2011 12:55 PM CDT
Confessions of a 'Job Creator'
Ah, the life of a hardworking job creator.   (Shutterstock)

Dana Milbank is a job creator. Oh sure, “I have never knowingly created a job,” he writes in the Washington Post. “But I am a job creator in the sense that Republicans mean when they say ‘don’t tax our job creators more.’” Republicans like to say that “small businesses are the job creators,” after all, and Milbank is a small business, as far as the IRS is concerned. On the advice of his accountant, he became a corporation called Ink-Stained Inc.

“I run a lean operation,” he writes. “Disagreement is rare during board meetings at Ink-Stained Inc. world headquarters (my house), because I am the chairman, chief executive, president, treasurer, and mail-room clerk.” See, like the overwhelming majority of small businesses—21.1 million of the 27 million in the country—Milbank’s company has but a single employee. And like the vast majority of them, “I would not hire anybody even if the government dropped my tax rate to zero.” (Read more Dana Milbank stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.