Posted on 10/16/2008 2:15:22 AM PDT by grundle
Even better, you are not working unless you get a ‘tax rebate ‘ from Obama. EITC is special points. Business owners are bad, government provides all the ‘good’ jobs.
I was on Wis. Public radio a few years back with candidate Dole and Kathleen Dunn was the host. I axed him why doesn’t he just be honest with people and tell them that he plans on raising their taxes. Kathleen scolded me and told me to be respectful. We got into a big fight on air that was played over and over for months.
You must be in Michigan then. The moving business OUT of MI is booming -- it's the only one that is.
That makes him seem more like an everyday guy who just had a light go on in his head. He is someone truly searching for answers and not a partisan. If he's not registered, that belies the accusations that he's a McCain plant. It's a positive for him - not a negative.
Someone should ask Biden if he thinks Joe is not being patriotic.
Small businesses don't pay capital gains taxes as a general rule until the business is sold.
Obama is not a bright man.
That's what I thought, but I wasn't quite sure if that's true with a closely held corporation. Say the owner/manager takes a big bonus & it's the only bonus that corporation pays out. It could be considered a draw of equity. That would be subject to capital gains & it wouldn't be a tax deductible event for the corp.
The laws for Sub-S may be different, but I've never dealt with one, so don't know.
I mentioned sole proprietorships & partnerships in my previous post. There's no way to have capital gains with those, other than selling, as you said. Taxes are always about money movement & a cap gain on those entities would be like taxing a guy for switching a dollar from one of his pockets to another.
I think Obama's advisers are all big corporation guys, who don't know how most of Main Street operates. I don't expect politicians to know the ins & outs of everything. I do expect them to have advisers that make up in areas they lack, so they don't make stupid policies. I give Obama an F, because he failed to bring in a knowledgeable small business adviser.
ROTFL "Kathleen, that's a hurtful thing to say." Slipping into left-speak (appeal to emotion) prevents the fight, cuz it freezes up their brains.
It's how Joe the plumber slipped through Obama's defense. Joe personalized the tax policy & made an emotional appeal. Notice Obama's initial response. "I don't want to punish you."
Boy, you nailed it!
He is no McCain plant because there is no way his campaign would had the smarts to think of that strategy.
It's more than an equal rate, because it doesn't just effect the pricing to the end user (consumer), it effects each business to business transaction required to bring the goods to the market.
Obama’s is cooking the books on this deal. He will get you in the pocket book!
I think he's dangerously ignorant. In Rummyspeak, he fails to seek out his own unknown unknowns.
First they came for your high powered plunger. Next they'll come for your Roto-rooter. At the same time, they've pushed low water WC's to raise the need for them.
Mass isn't the only state bleeding population. Wisconsin lost a Congressional seat after the last census & I think we may be losing another one after 2010.
And I've been giving it serious thought.
I have been doing the same.
LOL... and if you're a “typical white person”, you fold ONE slice in half.
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