If Kerry wins and my taxes go up

[theblackbox]

I'm going to be very angry.
As a small business owner that hires in the community I just want to say I already pay the govenment enough money, that if Kerry wins and my wife and I have to pay even more taxes, I will be upset.
If he wins, and doesn't, I won't mind, but i have the itching feeling that most likely the first thing that will happen is the dems will try to raise taxes on me. My wife and I are not rich, but do not need to pay even more. If we end up paying more, that cuts into our profit, and then that cuts into what we can afford to put into payroll, and will then cause problems with staffing.
I will also be mad if bush wins and does the same, so don't get me wrong, i'm not against kerry or bush. I just wonder if all the people who are so pushing to get kerry in have thought about this or care.
What kind of income do kerry supporters make, do the people that support democrats in general make lots of money so they are used to being taxed? I' not trying to sound negative, i'm just a little naive on the thought process of a democrat.
By the way, i am an independent, last time i voted for browne.

 

[nageov3t]

<- poor. was barely affected by Bush tax cuts.

 

[Cobalt]

Bush will win anyway.

 

[ntdz]

Originally posted by: loki8481
<- poor. was barely affected by Bush tax cuts.

if you're poor you dont pay sh!t all for taxes anyway, how can u be affected that much?

 

[conjur]

He'll have a hard enough time getting any tax raises through a Republican-controlled Congress to match his $200k/yr and up promise.

 

[tallest1]

Originally posted by: conjur
He'll have a hard enough time getting any tax raises through a Republican-controlled Congress to match his $200k/yr and up promise.

exactly. If anything, Kerry would have veto power that would curb this crazy republican spending. Bush keeps telling his base that Kerry is going to raise taxes and arm the american public with water guns but of course Bush never tells his "educated" base that no president is capable of doing that unless the house and senate are all for it too

 

[wallsfd949]

Originally posted by: theblackbox
I'm going to be very angry.
As a small business owner that hires in the community I just want to say I already pay the govenment enough money, that if Kerry wins and my wife and I have to pay even more taxes, I will be upset.

I've heard quite a few business owners express their fears over this. My dad is in the same boat as you are and has the same concern and is voting for President Bush (this and many other reasons).

 

[theblackbox]

well, i still won't vote for bush as i had not before, as the republicans don't fit my bill perfectly, and the new republican party, especially here in georgia just seems to cower and bend to the dems.

all the politicians talk about small business owners being the backbone of america, and they forget us and use us and spit us out.

we don't outsource, and we give back to the community (small business owners in general).

 

[chess9]

A vote for Bush is a vote for more deficit spending. Bush is like the college freshman who has just gotten 5 new credit cards with $2500 credit limits. He maxes them in the first weekend, then asks Daddy to pay.

Who do you think is going to pay for these deficits? The deficit is now over 7 Trillion dollars. Next year it will be 7.2 Trillion dollars or greater.

What businessman do you know who uses large deficit spending and still stays in business without filing Chapter 11?


-Robert

 

[NightCrawler]

Originally posted by: chess9
A vote for Bush is a vote for more deficit spending. Bush is like the college freshman who has just gotten 5 new credit cards with $2500 credit limits. He maxes them in the first weekend, then asks Daddy to pay.

Who do you think is going to pay for these deficits? The deficit is now over 7 Trillion dollars. Next year it will be 7.2 Trillion dollars or greater.

What businessman do you know who uses large deficit spending and still stays in business without filing Chapter 11?


-Robert

Actually the debt is higher: http://www.brillig.com/debt_clock/

 

[chess9]

Oops! So much for 61 year old hard drives. Thanks for that, amigo.

$7.446 TRILLION and counting.

I think I'll keep a strong cash position....

-Robert

 

[nageov3t]

Originally posted by: ntdz

Originally posted by: loki8481

<- poor. was barely affected by Bush tax cuts.

if you're poor you dont pay sh!t all for taxes anyway, how can u be affected that much?

I lose, like, $700/month in taxes.

there was a chart floating around here somewhere, but I think the Bush tax cuts saved me something like $30/month, which doesn't even make a dent in my parking bills, much less rent/food/utilities.

 

[Spencer278]

Originally posted by: loki8481

Originally posted by: ntdz

Originally posted by: loki8481

<- poor. was barely affected by Bush tax cuts.

if you're poor you dont pay sh!t all for taxes anyway, how can u be affected that much?

I lose, like, $700/month in taxes.

there was a chart floating around here somewhere, but I think the Bush tax cuts saved me something like $30/month, which doesn't even make a dent in my parking bills, much less rent/food/utilities.

Come on your not allowed to meantion those other taxes. You think billionaries care about 50 cent gas tax or that SS tax that is capped. OF course they don't so the only taxes that count are income, capitial gains, and the death tax.

 

[Isla]

I wouldn't worry too much about it if I were you.

Ultimately, a LOT of changes will have to be made to get us out of the various messes our country is in. Everyone will have to sacrifice a little, but hopefully the sacrifices we all make will put us on more solid ground collectively AND individually.

It will be better than this quicksand we've been stuck in for the past 4 years.

 

[MonkeyK]

I don't really get how cutting taxes affects employment. Employees are a cost of doing business, they are not paid with after tax dollars are they? If your business needs the employees, how would taxes affect your ability to hire them?

 

[Spencer278]

Originally posted by: MonkeyK
I don't really get how cutting taxes affects employment. Employees are a cost of doing business, they are not paid with after tax dollars are they? If your business needs the employees, how would taxes affect your ability to hire them?

Illegals. It is very hard to get the IRS to give a tax deduction for paying illegals to work.

 

[Hayabusa Rider]

Check out reality.

Also since you heard what Bush says about Kerry, have a look at what Kerry says.

Never go by a speech.

 

[bamx2]

Your ( mine too ) taxes will go up no matter who wins . Look at real the deficit !!!

 

[PrinceofWands]

I've never made 30k in a year...so I'm on the other end. I make so little that I never have to pay any taxes. My brother owns a small business, and is getting murdered in taxes right now...I can't even imagine how hard it would be for him if they increased. That's not enough of a reason to keep me (or his family btw) from voting for Kerry though...some things are FAR more important than money or jobs.

 

[GrGr]

Originally posted by: chess9
Oops! So much for 61 year old hard drives. Thanks for that, amigo.

$7.446 TRILLION and counting.

I think I'll keep a strong cash position....

-Robert

Is that strong cash position or strong crashposition?

The OP is worried about more taxes but as you point out chess9 in the real world it is impossible to sustain the current debt driven economy. Sooner or later some President will have to raise taxes to meet government running costs. Strangely it seems as if people view the government as some kind of alien entity when in fact the US government (ideally) represents all US citizens. The US government is simply the distillation of the US system. The tax cuts implemented by this administration was a money credit injected into the US economy to boost the economy but it had to be payed with US government (US citizen) debt (to foreign lenders). Not even the US government can create money out of thin air (like some tax cut proponents seem to believe). However the US government gave an unfair part of this money credit (tax cut) to the rich in the US even though the money belongs to all US citizens equally (since it is money from the future and the government represents all cititzens). So some of the problems with the tax cuts are that 1. they are not used efficiently and 2. they are unfairly distributed and 3. they are excessively large.

Imo it is in the interest of the OP as a small business owner to get a larger part of the tax cut (money credit from the government funded with debt) instead of the lion part of that credit going to already extremely rich people. So it is a self defeating proposition to vote for Bush since he does not have the best interests of the little people in mind. Instead Bush has sold a fuzzy concept of giving more credit to the mega rich so that the left overs will somehow give an indirect boost (trickle down) to, for example, small business owners who logically could use that money directly instead to much greater effect, no?. Or are small business owners and other small people too incompetent to be trusted to use that credit to good effect?

 

[Gravity]

More taxes are aversive and will harm the economy. If they really want to balance the budget, which I doubt, I'd like them to reduce their lifetime pension as well as salaries before they reach for my wallet.

 

[Darkhawk28]

Higher taxes are an inevitability. BUT, both sides of the Congressional aisle need to seriously cut spending to balance our budget and reduce this staggering deficit.

 

[her209]

Originally posted by: MonkeyK
I don't really get how cutting taxes affects employment. Employees are a cost of doing business, they are not paid with after tax dollars are they? If your business needs the employees, how would taxes affect your ability to hire them?

Ding ding ding. Only profit is taxed.

 

[feralkid]

Originally posted by: Gravity
More taxes are aversive and will harm the economy. If they really want to balance the budget, which I doubt, I'd like them to reduce their lifetime pension as well as salaries before they reach for my wallet.

Just ask them to sacrifice a little for the good of the nation; I'm sure they'll understand.

 

[TranceNation]

poor guy, now he won't be able to buy his bmw/mercedes...