retrospooty
Platinum Member
Originally posted by: Doc Savage Fan
How?Originally posted by: ayabe
Originally posted by: Doc Savage Fan
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?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.
Every dollar for infrastructure is going to help small businesses.
Are you really that thick?
The infrastructure and stimulus will keep people working... Or at least keep from being more layoffs and massive depression if the banking system crumbles. Those people that are working are buying goods and services from small (and large) businesses, keeping them afloat. If the banking system collapses, then we get massive unemployment and no-one is buying products and services cuz we're all broke... Or we're saving our cash just in case we get laid off.