"The Boss" letter making the rounds

[retrospooty]

Originally posted by: CADsortaGUY


edit - so the formatting is messed up - deal with it.

Gee, thats not a slightly veiled right wing talking point is it?

another fail.

 

[RichardE]

Originally posted by: retrospooty

Originally posted by: CADsortaGUY


edit - so the formatting is messed up - deal with it.

Gee, thats not a slightly veiled right wing talking point is it?

another fail.

Yes yes cause businesses feeling burden with taxes is a right wing talking point. It doesn't matter what we do to business, because of liberalism jobs will pop out of the air from the magic job fairy and no one will ever have to worry.

Well, you have a liberal president, congress and senate I would suggest you call that magic job fairy since it seems we need it with the latest unemployment numbers.

Jesus you people are dense.

 

[retrospooty]

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: CADsortaGUY


edit - so the formatting is messed up - deal with it.

Gee, thats not a slightly veiled right wing talking point is it?

another fail.

Yes yes cause businesses feeling burden with taxes is a right wing talking point. It doesn't matter what we do to business, because of liberalism jobs will pop out of the air from the magic job fairy and no one will ever have to worry.

Well, you have a liberal president, congress and senate I would suggest you call that magic job fairy since it seems we need it with the latest unemployment numbers.

Jesus you people are dense.

Dense? All Obama is doing is putting the tax rates back where they were under Clinton. Remeber those days? The economy was booming and business was thriving. Lets not pretend the tac rates under Clinton were breaking the back of our economy. Its just not true.

Talk about dense.

 

[RichardE]

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: CADsortaGUY


edit - so the formatting is messed up - deal with it.

Gee, thats not a slightly veiled right wing talking point is it?

another fail.

Yes yes cause businesses feeling burden with taxes is a right wing talking point. It doesn't matter what we do to business, because of liberalism jobs will pop out of the air from the magic job fairy and no one will ever have to worry.

Well, you have a liberal president, congress and senate I would suggest you call that magic job fairy since it seems we need it with the latest unemployment numbers.

Jesus you people are dense.

Dense? All Obama is doing is putting the tax rates back where they were under Clinton. Remeber those days? The economy was booming and business was thriving. Lets not pretend the tac rates under Clinton were breaking the back of our economy. Its just not true.

Talk about dense.

Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.


Edit: You people always need a scapegoat don't you? Everyone always needs *someone* to blame shit on, it is always *someones fault* besides there own. Let's blame that small business guy, fuck him! Let's blame every single banker, fuck him!. It can't be the fault of the dumbshits who decided to live beyond there means who are now too irresponsible and fucking up the country.

You think big shot Lawyer making 750k a year is the bad guy? Or that guy running a small factory that employs 10 people pulling in 2-3mil Gross a year is the bad guy? You want bad guy? Go bitch at your neighbor who took out a 700k loan on a 30k/year salary. Or go bitch at the people on Welfare who suck the country dry as they sit around looking for handout after handout. Jesus you people are pathetic.

 

[jonks]

Originally posted by: CADsortaGUY
So, if you lose your job, it won't be at the hands of
the economy; it will be at the hands of a political
hurricane that has swept through this country, steam rolled
the constitution

Now that takes some serious balls and the worst short term memory in history to write

 

[jonks]

Originally posted by: JS80

Originally posted by: Slew Foot
Its pretty easy to see who in this thread are ants and who are the grasshoppers.

lol yup. pretty pathetic.

probably fake but I wish i was in the position to pull the plug on the peons i was supporting.

Your deductive prowess leaves us all in awe.

 

[ayabe]

Originally posted by: RichardE
Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.

There is never a good time to raise taxes in your eyes, if the economy is booming well raising taxes will slow it down, if things are bad then raising taxes will make it worse.

You're just against higher taxes regardless of the purpose, so it really doesn't matter what you say, you're intellectually dishonest.

Or dense, as others have called it.

 

[retrospooty]

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: CADsortaGUY


edit - so the formatting is messed up - deal with it.

Gee, thats not a slightly veiled right wing talking point is it?

another fail.

Yes yes cause businesses feeling burden with taxes is a right wing talking point. It doesn't matter what we do to business, because of liberalism jobs will pop out of the air from the magic job fairy and no one will ever have to worry.

Well, you have a liberal president, congress and senate I would suggest you call that magic job fairy since it seems we need it with the latest unemployment numbers.

Jesus you people are dense.

Dense? All Obama is doing is putting the tax rates back where they were under Clinton. Remeber those days? The economy was booming and business was thriving. Lets not pretend the tac rates under Clinton were breaking the back of our economy. Its just not true.

Talk about dense.

Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.


Edit: You people always need a scapegoat don't you? Everyone always needs *someone* to blame shit on, it is always *someones fault* besides there own. Let's blame that small business guy, fuck him! Let's blame every single banker, fuck him!. It can't be the fault of the dumbshits who decided to live beyond there means who are now too irresponsible and fucking up the country.

You think big shot Lawyer making 750k a year is the bad guy? Or that guy running a small factory that employs 10 people pulling in 2-3mil Gross a year is the bad guy? You want bad guy? Go bitch at your neighbor who took out a 700k loan on a 30k/year salary. Or go bitch at the people on Welfare who suck the country dry as they sit around looking for handout after handout. Jesus you people are pathetic.

Dont be such an ass, and no-one (certainly not me) is blaming anyone for anything. And, yes, of course, the tech boom had alot to do with it... What of it?

The point of this thread is tax rates... And strip away all your rhetoric and drama and what do you have? Repealing the Bush tax break. Guess what? Its NOT going to break the back of small , large or medium sized business. Its simply NOT. Its been this way in the past and worked out fine, and prosperous for everyone. Its a few percent, not like it doubled.

 

[retrospooty]

Originally posted by: jonks

Originally posted by: CADsortaGUY
So, if you lose your job, it won't be at the hands of
the economy; it will be at the hands of a political
hurricane that has swept through this country, steam rolled
the constitution

Now that takes some serious balls and the worst short term memory in history to write

LOL - I 2nd that... The hurricane that that swept through and steam rolled the constitution was name d George Bush and his reign of shit is over now. Time to fix what he broke.

 

[RichardE]

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: CADsortaGUY


edit - so the formatting is messed up - deal with it.

Gee, thats not a slightly veiled right wing talking point is it?

another fail.

Yes yes cause businesses feeling burden with taxes is a right wing talking point. It doesn't matter what we do to business, because of liberalism jobs will pop out of the air from the magic job fairy and no one will ever have to worry.

Well, you have a liberal president, congress and senate I would suggest you call that magic job fairy since it seems we need it with the latest unemployment numbers.

Jesus you people are dense.

Dense? All Obama is doing is putting the tax rates back where they were under Clinton. Remeber those days? The economy was booming and business was thriving. Lets not pretend the tac rates under Clinton were breaking the back of our economy. Its just not true.

Talk about dense.

Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.


Edit: You people always need a scapegoat don't you? Everyone always needs *someone* to blame shit on, it is always *someones fault* besides there own. Let's blame that small business guy, fuck him! Let's blame every single banker, fuck him!. It can't be the fault of the dumbshits who decided to live beyond there means who are now too irresponsible and fucking up the country.

You think big shot Lawyer making 750k a year is the bad guy? Or that guy running a small factory that employs 10 people pulling in 2-3mil Gross a year is the bad guy? You want bad guy? Go bitch at your neighbor who took out a 700k loan on a 30k/year salary. Or go bitch at the people on Welfare who suck the country dry as they sit around looking for handout after handout. Jesus you people are pathetic.

Dont be such an ass, and no-one (certainly not me) is blaming anyone for anything. And, yes, of course, the tech boom had alot to do with it... What of it?

The point of this thread is tax rates... And strip away all your rhetoric and drama and what do you have? Repealing the Bush tax break. Guess what? Its NOT going to break the back of small , large or medium sized business. Its simply NOT. Its been this way in the past and worked out fine, and prosperous for everyone. Its a few percent, not like it doubled.

I am sure you will be fine with that until your boss decides to let you go after a combination of weakened economy+weakened demand+weakened revenue +(ontop of it all) his taxes going up.

Maybe you guys all fail to see the *big* picture, maybe you sort of missed exactly what business owners have to deal with already. If you do I forgive you, most people just live paycheck to paycheck and expect there job to always be there. When they lose it, its suddenly the fault of the business owner.

 

[RichardE]

Originally posted by: ayabe

Originally posted by: RichardE
Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.

There is never a good time to raise taxes in your eyes, if the economy is booming well raising taxes will slow it down, if things are bad then raising taxes will make it worse.

You're just against higher taxes regardless of the purpose, so it really doesn't matter what you say, you're intellectually dishonest.

Or dense, as others have called it.

Actually, a good time to raise taxes somewhat is during a major boom where business owners will not feel it as much. We missed that opportunity. It is your idiotic ilk who has some notion that "we have to get em now when the getting good" who think its a good idea to tax business owners and take more money away from them when they are already struggling due to the economy.

How about we stop bailing out the ghettos and trailer parks with the backs of people who actually work?


Can you explain to me how raising taxes on business is going to help the economy. Let us see if anyone of you idiots can do that.

 

[retrospooty]

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: CADsortaGUY


edit - so the formatting is messed up - deal with it.

Gee, thats not a slightly veiled right wing talking point is it?

another fail.

Yes yes cause businesses feeling burden with taxes is a right wing talking point. It doesn't matter what we do to business, because of liberalism jobs will pop out of the air from the magic job fairy and no one will ever have to worry.

Well, you have a liberal president, congress and senate I would suggest you call that magic job fairy since it seems we need it with the latest unemployment numbers.

Jesus you people are dense.

Dense? All Obama is doing is putting the tax rates back where they were under Clinton. Remeber those days? The economy was booming and business was thriving. Lets not pretend the tac rates under Clinton were breaking the back of our economy. Its just not true.

Talk about dense.

Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.


Edit: You people always need a scapegoat don't you? Everyone always needs *someone* to blame shit on, it is always *someones fault* besides there own. Let's blame that small business guy, fuck him! Let's blame every single banker, fuck him!. It can't be the fault of the dumbshits who decided to live beyond there means who are now too irresponsible and fucking up the country.

You think big shot Lawyer making 750k a year is the bad guy? Or that guy running a small factory that employs 10 people pulling in 2-3mil Gross a year is the bad guy? You want bad guy? Go bitch at your neighbor who took out a 700k loan on a 30k/year salary. Or go bitch at the people on Welfare who suck the country dry as they sit around looking for handout after handout. Jesus you people are pathetic.

Dont be such an ass, and no-one (certainly not me) is blaming anyone for anything. And, yes, of course, the tech boom had alot to do with it... What of it?

The point of this thread is tax rates... And strip away all your rhetoric and drama and what do you have? Repealing the Bush tax break. Guess what? Its NOT going to break the back of small , large or medium sized business. Its simply NOT. Its been this way in the past and worked out fine, and prosperous for everyone. Its a few percent, not like it doubled.

I am sure you will be fine with that until your boss decides to let you go after a combination of weakened economy+weakened demand+weakened revenue +(ontop of it all) his taxes going up.

Maybe you guys all fail to see the *big* picture, maybe you sort of missed exactly what business owners have to deal with already. If you do I forgive you, most people just live paycheck to paycheck and expect there job to always be there. When they lose it, its suddenly the fault of the business owner.

Again, all drama. You are WAY overdramatizing the effects of this... And underestimating the alternative viewpoint. Tax rates have been this way in the past and things were prosperous. I have been a small business owner and I currently work closely with the owner of a medium sized business... I am intimately aware of tax rates and their effect. YOU on the other hand are just parroting what you have heard from those that are against this increase... Sit down and shut up now, you know nothing.

 

[ayabe]

Originally posted by: RichardE

Originally posted by: ayabe

Originally posted by: RichardE
Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.

There is never a good time to raise taxes in your eyes, if the economy is booming well raising taxes will slow it down, if things are bad then raising taxes will make it worse.

You're just against higher taxes regardless of the purpose, so it really doesn't matter what you say, you're intellectually dishonest.

Or dense, as others have called it.

Actually, a good time to raise taxes somewhat is during a major boom where business owners will not feel it as much. We missed that opportunity. It is your idiotic ilk who has some notion that "we have to get em now when the getting good" who think its a good idea to tax business owners and take more money away from them when they are already struggling due to the economy.

How about we stop bailing out the ghettos and trailer parks with the backs of people who actually work?


Can you explain to me how raising taxes on business is going to help the economy. Let us see if anyone of you idiots can do that.

Yeah raising taxes to pay for programs you don't believe in. You have this warped sense that we're helping poor stupid people, so the almost 9% of people unemployed right now are all sad sack losers? What a shitty and erroneous attitude.

What is it that you do for society again? What's your tax bracket chump?

I bet you'd support raising taxes to give more money to Israel.

 

[RichardE]

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: RichardE

Originally posted by: retrospooty

Originally posted by: CADsortaGUY


edit - so the formatting is messed up - deal with it.

Gee, thats not a slightly veiled right wing talking point is it?

another fail.

Yes yes cause businesses feeling burden with taxes is a right wing talking point. It doesn't matter what we do to business, because of liberalism jobs will pop out of the air from the magic job fairy and no one will ever have to worry.

Well, you have a liberal president, congress and senate I would suggest you call that magic job fairy since it seems we need it with the latest unemployment numbers.

Jesus you people are dense.

Dense? All Obama is doing is putting the tax rates back where they were under Clinton. Remeber those days? The economy was booming and business was thriving. Lets not pretend the tac rates under Clinton were breaking the back of our economy. Its just not true.

Talk about dense.

Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.


Edit: You people always need a scapegoat don't you? Everyone always needs *someone* to blame shit on, it is always *someones fault* besides there own. Let's blame that small business guy, fuck him! Let's blame every single banker, fuck him!. It can't be the fault of the dumbshits who decided to live beyond there means who are now too irresponsible and fucking up the country.

You think big shot Lawyer making 750k a year is the bad guy? Or that guy running a small factory that employs 10 people pulling in 2-3mil Gross a year is the bad guy? You want bad guy? Go bitch at your neighbor who took out a 700k loan on a 30k/year salary. Or go bitch at the people on Welfare who suck the country dry as they sit around looking for handout after handout. Jesus you people are pathetic.

Dont be such an ass, and no-one (certainly not me) is blaming anyone for anything. And, yes, of course, the tech boom had alot to do with it... What of it?

The point of this thread is tax rates... And strip away all your rhetoric and drama and what do you have? Repealing the Bush tax break. Guess what? Its NOT going to break the back of small , large or medium sized business. Its simply NOT. Its been this way in the past and worked out fine, and prosperous for everyone. Its a few percent, not like it doubled.

I am sure you will be fine with that until your boss decides to let you go after a combination of weakened economy+weakened demand+weakened revenue +(ontop of it all) his taxes going up.

Maybe you guys all fail to see the *big* picture, maybe you sort of missed exactly what business owners have to deal with already. If you do I forgive you, most people just live paycheck to paycheck and expect there job to always be there. When they lose it, its suddenly the fault of the business owner.

Again, all drama. You are WAY overdramatizing the effects of this... And underestimating the alternative viewpoint. Tax rates have been this way in the past and things were prosperous. I have been a small business owner and I currently work closely with the owner of a medium sized business... I am intimately aware of tax rates and their effect. YOU on the other hand are just parroting what you have heard from those that are against this increase... Sit down and shut up now, you know nothing.

Parroting? No, Not Parroting, I am friends with multiple small business owners. Not everyone on P&N is a basement dwelling armchair bitching idiot. (Most of the left is it seems).

I asked a question earlier, how will raising taxes help small business. Can you answer that Mr. I am small business?

 

[RichardE]

Originally posted by: ayabe

Originally posted by: RichardE

Originally posted by: ayabe

Originally posted by: RichardE
Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.

There is never a good time to raise taxes in your eyes, if the economy is booming well raising taxes will slow it down, if things are bad then raising taxes will make it worse.

You're just against higher taxes regardless of the purpose, so it really doesn't matter what you say, you're intellectually dishonest.

Or dense, as others have called it.

Actually, a good time to raise taxes somewhat is during a major boom where business owners will not feel it as much. We missed that opportunity. It is your idiotic ilk who has some notion that "we have to get em now when the getting good" who think its a good idea to tax business owners and take more money away from them when they are already struggling due to the economy.

How about we stop bailing out the ghettos and trailer parks with the backs of people who actually work?


Can you explain to me how raising taxes on business is going to help the economy. Let us see if anyone of you idiots can do that.

Yeah raising taxes to pay for programs you don't believe in. You have this warped sense that we're helping poor stupid people, so the almost 9% of people unemployed right now are all sad sack losers? What a shitty and erroneous attitude.

What is it that you do for society again? What's your tax bracket chump?

I bet you'd support raising taxes to give more money to Israel.

You didn't answer how raising taxes is going to help business in this economy.

Come on now, you must think somewhat? Or did they skip that point in your daily "Why business is bad" newsletter. You should email them and tel them to include it next time.

 

[retrospooty]

Originally posted by: RichardE

Parroting? No, Not Parroting, I am friends with multiple small business owners. Not everyone on P&N is a basement dwelling armchair bitching idiot. (Most of the left is it seems).

I asked a question earlier, how will raising taxes help small business. Can you answer that Mr. I am small business?

Oh, I didnt realize you have "Friends" that own small businesses. That makes you an expert then. My friend is a doctor - maybe I can remove someone's appendix.

Anyhow, repealing the Bush tax cuts is NOT a move designed to help small business. Its designed to get mo money to the govt. Duh...

The point is that it is NOT going to break the backs of any sized business. The economy sucking is what is breaking thier backs.

 

[Doc Savage Fan]

Originally posted by: RichardE
Can you explain to me how raising taxes on business is going to help the economy. Let us see if anyone of you idiots can do that.

Somebody please answer this question as this is where I have a huge disconnect. Small businesses employ 50% of our workforce, yet we're going to raise their taxes. Just how is that going to stimulate the economy?

 

[ayabe]

Originally posted by: RichardE

Originally posted by: ayabe

Originally posted by: RichardE

Originally posted by: ayabe

Originally posted by: RichardE
Oh yeah cause the *booming* tech industry that was around with the massive amount of money that brought in had nothing to do with it.

I know lets raise taxes on business when there is no booming brand new industry that is bringing in a ton of cash, I mean it is the * exact* same situation.

Yeah, like I said, you are dense.

There is never a good time to raise taxes in your eyes, if the economy is booming well raising taxes will slow it down, if things are bad then raising taxes will make it worse.

You're just against higher taxes regardless of the purpose, so it really doesn't matter what you say, you're intellectually dishonest.

Or dense, as others have called it.

Actually, a good time to raise taxes somewhat is during a major boom where business owners will not feel it as much. We missed that opportunity. It is your idiotic ilk who has some notion that "we have to get em now when the getting good" who think its a good idea to tax business owners and take more money away from them when they are already struggling due to the economy.

How about we stop bailing out the ghettos and trailer parks with the backs of people who actually work?


Can you explain to me how raising taxes on business is going to help the economy. Let us see if anyone of you idiots can do that.

Yeah raising taxes to pay for programs you don't believe in. You have this warped sense that we're helping poor stupid people, so the almost 9% of people unemployed right now are all sad sack losers? What a shitty and erroneous attitude.

What is it that you do for society again? What's your tax bracket chump?

I bet you'd support raising taxes to give more money to Israel.

You didn't answer how raising taxes is going to help business in this economy.

Come on now, you must think somewhat? Or did they skip that point in your daily "Why business is bad" newsletter. You should email them and tel them to include it next time.

Since you're such an expert on what real work is and who the real bootstrappers are in this economy. What do you do for a living?

Someone has to pay for the stimulus, and in this case it's the only people who can afford to, the richest 2% which includes some small business owners. These are people who did as a group, much, much better under Bush's tax policies than the rest of society. The stimulus is being put into effect and has already saved thousands of jobs which would have evaporated, but those are all lazy trailer park asshole's right?

Also, do you even know when these are supposed to take effect? It's not anytime soon and is contingent upon the economy turning around.

 

[frostedflakes]

As others have mentioned, higher taxes obviously don't help small business. I just think people blow the negative effects of a minor increase in taxes like this way out of proportion.

Not to mention businesses will benefit from government spending. If the new administration can deliver on reduced private health care costs, that would greatly reduce the burden on businesses (especially small businesses, which I understand are usually hit the hardest by health insurance, assuming they can even afford to offer it to employees). Infrastructure spending can potentially help businesses. For example, with government spending on broadband infrastructure, businesses may be able to get faster connections at a cheaper price than they would otherwise. Et cetera.

 

[fskimospy]

Originally posted by: retrospooty

Again, all drama. You are WAY overdramatizing the effects of this... And underestimating the alternative viewpoint. Tax rates have been this way in the past and things were prosperous. I have been a small business owner and I currently work closely with the owner of a medium sized business... I am intimately aware of tax rates and their effect. YOU on the other hand are just parroting what you have heard from those that are against this increase... Sit down and shut up now, you know nothing.

Slate had a good article on why this is ridiculous.

 

[Doc Savage Fan]

Originally posted by: frostedflakes
As others have mentioned, higher taxes obviously don't help small business. I just think people blow the negative effects of a minor increase in taxes like this way out of proportion.

Not to mention businesses will benefit from government spending. If the new administration can deliver on reduced private health care costs, that would greatly reduce the burden on businesses (especially small businesses, which I understand are usually hit the hardest by health insurance, assuming they can even afford to offer it to employees). Infrastructure spending can potentially help businesses. For example, with government spending on broadband infrastructure, businesses may be able to get faster connections at a cheaper price than they would otherwise. Et cetera.

Lol...I get it...the trickle down effect. :roll: Between the huge downturn in the economy and now an additional 5% for Uncle Sam....I don't see a lot of good things happening here. We have small businesses employing 50% of our workforce and 'virtually' nothing in the stimulus package is going to directly help them. What gives?

 

[ayabe]

Originally posted by: Doc Savage Fan

Originally posted by: frostedflakes
As others have mentioned, higher taxes obviously don't help small business. I just think people blow the negative effects of a minor increase in taxes like this way out of proportion.

Not to mention businesses will benefit from government spending. If the new administration can deliver on reduced private health care costs, that would greatly reduce the burden on businesses (especially small businesses, which I understand are usually hit the hardest by health insurance, assuming they can even afford to offer it to employees). Infrastructure spending can potentially help businesses. For example, with government spending on broadband infrastructure, businesses may be able to get faster connections at a cheaper price than they would otherwise. Et cetera.

Lol...I get it...the trickle down effect. :roll: Between the huge downturn in the economy and now an additional 5% for Uncle Sam....I don't see a lot of good things happening here. We have small businesses employing 50% of our workforce and 'virtually' nothing in the stimulus package is going to directly help them. What gives?

Every dollar for infrastructure is going to help small businesses.

 

[jonks]

Originally posted by: eskimospy
Slate had a good article on why this is ridiculous.

HA!

My personal favorite was a piece from ABCNews.com. It quotes a dentist who is contemplating reducing "her income from her current $320,000 to under $250,000 by having her dental hygienist work fewer days and by treating fewer patients. [That way, she] would avoid paying higher taxes on the $70,000 that would be subject to increased taxation if Obama's proposal is signed into law."

...

Say you're a CNBC anchor, or a Washington Post columnist with a seat at the Council on Foreign Relations, or a dentist, and you managed to cobble together $350,000 a year in income. You're doing quite well. If you subtract deductions for state and property taxes, mortgage interest and charitable deductions, and other deductions, the amount on which tax rates are calculated might total $300,000. What would happen if the marginal rate on the portion of your income above $250,000 were to rise from 33 percent to 36 percent? Under the old regime, you'd pay $16,500 in federal taxes on that amount. Under the new one, you'd pay $18,000. The difference is $1,500 per year, or $4.10 per day. Obviously, the numbers rise as you make more. But is $4.10 a day bleeding the rich, a war on the wealthy, a killer of innovation and enterprise? That dentist eager to slash her income from $320,000 to $250,000 would avoid the pain of paying an extra $2,100 in federal taxes. But she'd also deprive herself of an additional $70,000 in income!

Can she, or we, really be that stupid?

 

[Doc Savage Fan]

Originally posted by: ayabe

Originally posted by: Doc Savage Fan

Originally posted by: frostedflakes
As others have mentioned, higher taxes obviously don't help small business. I just think people blow the negative effects of a minor increase in taxes like this way out of proportion.

Not to mention businesses will benefit from government spending. If the new administration can deliver on reduced private health care costs, that would greatly reduce the burden on businesses (especially small businesses, which I understand are usually hit the hardest by health insurance, assuming they can even afford to offer it to employees). Infrastructure spending can potentially help businesses. For example, with government spending on broadband infrastructure, businesses may be able to get faster connections at a cheaper price than they would otherwise. Et cetera.

Lol...I get it...the trickle down effect. :roll: Between the huge downturn in the economy and now an additional 5% for Uncle Sam....I don't see a lot of good things happening here. We have small businesses employing 50% of our workforce and 'virtually' nothing in the stimulus package is going to directly help them. What gives?

Every dollar for infrastructure is going to help small businesses.

How?

 

[frostedflakes]

Originally posted by: Doc Savage Fan

Originally posted by: frostedflakes
As others have mentioned, higher taxes obviously don't help small business. I just think people blow the negative effects of a minor increase in taxes like this way out of proportion.

Not to mention businesses will benefit from government spending. If the new administration can deliver on reduced private health care costs, that would greatly reduce the burden on businesses (especially small businesses, which I understand are usually hit the hardest by health insurance, assuming they can even afford to offer it to employees). Infrastructure spending can potentially help businesses. For example, with government spending on broadband infrastructure, businesses may be able to get faster connections at a cheaper price than they would otherwise. Et cetera.

Lol...I get it...the trickle down effect. :roll: Between the huge downturn in the economy and now an additional 5% for Uncle Sam....I don't see a lot of good things happening here. We have small businesses employing 50% of our workforce and 'virtually' nothing in the stimulus package is going to directly help them. What gives?

Meh, I honestly don't think I've ever claimed supply side doesn't work. Obviously leaving more money in the hands of the entrepreneurs is good, some of that money will inevitably be used for job creation. My main gripe with supply side is that I think it benefits the elite far more than everybody else. IMO direct government investment in industry is a more efficient way to spur the economy. And I would have liked to see less welfare and more industry and infrastructure spending in the stimulus bill, I won't disagree with you there. Some of the spending in the bill should be very good for everybody, though (for example, spending for smart grid technology and health IT).

Reading around, it also sounds like these tax increases won't be affecting many small businesses that actually employ people. It seems like there's a lot more fiction than fact being thrown around about these tax increases.

http://news.yahoo.com/s/ap/200...o_co/fact_check_budget