"The Boss" letter making the rounds

[EXman]

Originally posted by: RichardE

Originally posted by: 0marTheZealot
It's not really a tax increase, it's a repeal of a tax cut. It sounds the same, but it's different.

If we lowered minimum wage to 3$ could we say "we're not really cutting minimum wage, we are just removing the increases we gave". ?

lol so the same net effect? yes

 

[BigDH01]

Originally posted by: RichardE

Originally posted by: 0marTheZealot
It's not really a tax increase, it's a repeal of a tax cut. It sounds the same, but it's different.

If we lowered minimum wage to 3$ could we say "we're not really cutting minimum wage, we are just removing the increases we gave". ?

One quick question: was the increase in minimum wage passed with a built-in time horizon?

 

[PrinceofWands]

Then, I will close this company down, move to another country, and retire.

Don't let the door hit you in the ass on the way out.

 

[BarneyFife]

Originally posted by: Perknose

Originally posted by: CADsortaGUY
OK, so I heard about this on the radio and then went to find it. It's a bit intriguing on some levels and I found myself nodding on more than one occasion when reading it. I noticed myself doing that and thought - what would others do? nod? shake their head? Why?

So I sent it to a couple friends of mine and told them to read it and then let me know when they were finished. Once each was done, I asked them to think back to whether they were nodding, shaking, or whatever.
I wasn't shocked with the results as you could imagine...

Here is the "letter" from your boss.

LOL, even your introduction sounds canned, brain dead and insufferably stupid.

If there was ever any doubt, now we all know:

YOU ARE LAME.

+100

Especially the "what say you". I can't expect much from him anyway.

 

[PaperclipGod]

Originally posted by: eskimospy
Well the tax increases that are being debated are mostly income tax hikes, the primary complaint being that they will affect small business owners. (which is in and of itself dishonest as the vast, vast majority of small business owners do not make more than $250,000) So, the same taxes that are being debated now were much higher in the past, and yet we did just fine. This raises pretty serious doubts as to the conclusions of our friendly boss' letter.

An example of the opposite situation would be if you had a letter talking about how the rich people in this country had everything handed to them on a silver platter, how they lucked out by being born in an area with good schools, the history of preferential treatment for white people on business and housing loans, etc... etc. On the other hand you would have the poor person who works their fingers to the bone 12 hours a day for no pay, selflessly slaving away at a job none of us want to do, and why? Because the government is owned by the rich people, and they want to keep it that way.

That letter the other way would be every bit as retarded, because once again it massively distorts reality in the service of an agenda, using sympathetic characters that the people reading it are supposed to use as a proxy for themselves so that they can personally identify with how horribly they are put upon.

Thanks! That helps put things in perspective for me.

Regarding income tax hikes: How would they affect a small business owner, anyway? The businesses income and profit is not the same as the president/owners income, right? Well, unless its a sole proprietorship, but almost no one works like that now because of liability.

If anything, a guy with a business in the form of an LLC or Inc. would be able to set his own salary to the maximum possible before bumping himself into the next tax bracket. Plus, unlike regular well-paid employees, he can write off loads of his expenses using the business ("company" car, etc). If anything, the taxes should give him a greater incentive to leave money in the company than to increase his own salary, right?

 

[frostedflakes]

Yup, sole proprietorship is what they're talking about.

 

[Avalon]

I find that to be a highly unrealistic situation that applies to very, very few business owners. For the ones it does apply to, it sucks, sure. But business taxes were always much higher than the taxes of a single person.

 

[blahblah99]

Originally posted by: PaperclipGod

Originally posted by: eskimospy
Well the tax increases that are being debated are mostly income tax hikes, the primary complaint being that they will affect small business owners. (which is in and of itself dishonest as the vast, vast majority of small business owners do not make more than $250,000) So, the same taxes that are being debated now were much higher in the past, and yet we did just fine. This raises pretty serious doubts as to the conclusions of our friendly boss' letter.

An example of the opposite situation would be if you had a letter talking about how the rich people in this country had everything handed to them on a silver platter, how they lucked out by being born in an area with good schools, the history of preferential treatment for white people on business and housing loans, etc... etc. On the other hand you would have the poor person who works their fingers to the bone 12 hours a day for no pay, selflessly slaving away at a job none of us want to do, and why? Because the government is owned by the rich people, and they want to keep it that way.

That letter the other way would be every bit as retarded, because once again it massively distorts reality in the service of an agenda, using sympathetic characters that the people reading it are supposed to use as a proxy for themselves so that they can personally identify with how horribly they are put upon.

Thanks! That helps put things in perspective for me.

Regarding income tax hikes: How would they affect a small business owner, anyway? The businesses income and profit is not the same as the president/owners income, right? Well, unless its a sole proprietorship, but almost no one works like that now because of liability.

If anything, a guy with a business in the form of an LLC or Inc. would be able to set his own salary to the maximum possible before bumping himself into the next tax bracket. Plus, unlike regular well-paid employees, he can write off loads of his expenses using the business ("company" car, etc). If anything, the taxes should give him a greater incentive to leave money in the company than to increase his own salary, right?

Depends on the type of corporation. No matter what type of business entity, they will TAX you, whether on corporate income or personal income.

 

[AlienCraft]

Originally posted by: RichardE

Originally posted by: Red Dawn
LOL, all this over a fictitious poorly written chainmail?

Well, some of us have moved beyond debating the style of this fiction and have moved to discussing the idea it presents and why that is a valid cause of concern. We moved beyond the superficial after the first few posts You can join us if you want.

No thanks.

 

[Mani]

Originally posted by: Red Dawn
I wonder which tree swinger on Freeper thought that one up.

lol - exactly what I thought when I read that.

 

[Infohawk]

Originally posted by: CrackRabbit
Wow, what a thinly veiled piece of crap propaganda.
I want my 5 minutes back.