Are you saying that net income is not what the definition in the MSNBC link says it is? What is your definition of net income?
Have you ever done the bookkeeping or accounting for a small business? Do you know how to read a balance sheet?
I have. I've spent my working life doing just that. I can tell you first hand that the net income that the owner pays taxes on doesn't mean squat. It doesn't mean left-over, and it doesn't mean that the owner even took a paycheck for himself. Sure, you can have a left-over of XX dollars showing in the companies checking account, but that money has already been earmarked for next month's rent, next week's payroll and payments against the accounts payables coming due.
I'm so sick of all this class warfare crap on the job producers. Most people are clueless how it all works.