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His plan will not only really hurt small businesses but also hurt the overall economy.
Originally posted by buddhasystem
Originally posted by FlyersFan
Obama's socialism plan will destroy small business. It will destroy people wanting to be successful.
Oh please... There are quite successful countries with tax schedules way beyond what Obama is proposing, and people there want and are successful.
Obama's plan is not socialist, but it is a step to put up a damper to runaway inequality that corrodes America from the inside.
source
Since the mid-1990s, small businesses have created 60 to
80 percent of the net new jobs. In the most recent year with
data (2005), employer fi rms with fewer than 500 employees
created 979,102 net new jobs, or 78.9 percent. Meanwhile,
large fi rms with 500 or more employees added 262,326 net
new jobs or 21.1 percent.
With Obama's plan, the $47k plumbers will save MORE money to help them advance to proprietorship, which is good.
Originally posted by buddhasystem
With Obama's plan, the $47k plumbers will save MORE money to help them advance to proprietorship, which is good.
Originally posted by Stormdancer777
huffington post disclosed his address, it is dangerous
Originally posted by Bad Dog
Originally posted by Stormdancer777
huffington post disclosed his address, it is dangerous
Typical irresponsible Huffington Post. Between Huffington Post and Daily Kos I'm starting to think this country isn't safe anymore. The average person certainly isn't. Just ask plumber Joe.
Originally posted by tide88
reply to post by nyk537
Also with Obamas tax plan those 45k/year plumbers may not have jobs. What do you think they would rather have, a secure job or a small tax break?
Originally posted by pieman
how? surely if you earn 250k you won't drop an employee because you don't get a tax break. this sounds like a whole lot of scare mongering.
Originally posted by nyk537
According to Obama the American Dream has a limit on it of $250,000 a year!
Originally posted by buddhasystem
That's about as inane statement as it can get. Obama is not going to take away the amount above some magic $250k cap
Originally posted by pieman
post by nyk537
how? surely if you earn 250k you won't drop an employee because you don't get a tax break. this sounds like a whole lot of scare mongering.
As I note below, there’s also a feeding frenzy over Wurzelbacher’s tax lien. Patterico wonders where the media hounds are on the story of Obama’s treasurer’s tax liens. Bet you hadn’t heard about that. Bet you never will again
Obama’s treasurer’s tax liens. Bet you hadn’t heard about that. Bet you never will again
Originally posted by pieman
reply to post by nyk537
realistically, no company will drop an employee unless it costs them more to employ that person than the person makes for the company. if that was to be the case then the tax would have to be per employee!!
hence scaremongering.