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Thread: Obama pleads with Republicans on small business bill

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    Re: Obama pleads with Republicans on small business bill

    it didn't go far enough
    small businesses cannot compete with the multinationals that avoid payment of taxes in America by using offshore tax havens
    that loophole needs to be closed

    http://www.ctj.org/taxjusticedigest/...nch_campai.php
    we are negotiating about dividing a pizza and in the meantime israel is eating it
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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by justabubba View Post
    it didn't go far enough
    small businesses cannot compete with the multinationals that avoid payment of taxes in America by using offshore tax havens
    that loophole needs to be closed

    http://www.ctj.org/taxjusticedigest/...nch_campai.php

    so, some is worse than nothing? good lord.

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by buck View Post
    First thing I noticed too. It must have been a mistake. Democrats keep telling us that tax cuts do not create any jobs or help improve the economy.
    I will bet money that Obamas begging aside, someone will stuff this very basic concept with a bunch of spending riders...that will cause the other side to reject the legislation...and then they will say "they are against small business!" I HOPE Im wrong. If The One is honest and serious they should make this be very simple, straightforward, and should prohibit all pther amendments or riders. Lets see how far that goes...

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by liblady View Post
    so, some is worse than nothing? good lord.
    i am not advocating abandoning the good in favor of an unattainable perfect

    i am suggesting that the administration is taking half measures, giving us more of the same
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by liblady View Post
    so, some is worse than nothing? good lord.
    I didnt see that in his response or the article posted...just that there should be more. Did I miss something?

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by The Dane View Post
    AFP: Obama pleads with Republicans on small business bill

    Republicans strategy is to stop the country from recovering, and blaming it on Obama.
    Then why is he advocating repeal of the Bush tax cuts for small businesses?

    Small business expensing will be slashed and 50% expensing will disappear. Small businesses can normally expense (rather than slowly-deduct, or “depreciate”) equipment purchases up to $250,000. This will be cut all the way down to $25,000. Larger businesses can expense half of their purchases of equipment. In January of 2011, all of it will have to be “depreciated.”
    Why is he advocating return of the death tax? Up to 55% tax on estates of $1 million or more? If that's not working against small business, I don't know what is.

    He's a liar.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by MaggieD View Post
    Then why is he advocating repeal of the Bush tax cuts for small businesses?



    Why is he advocating return of the death tax? Up to 55% tax on estates of $1 million or more? If that's not working against small business, I don't know what is.

    He's a liar.
    If they speak out against those they can invoke the name of Bush and appeal to the unwashed masses...then they can put forward the same principles in separate legislation and 'show' how much they care. Geez...skip to page 27 of the playbook and keep up already, willya?

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by VanceMack View Post
    If they speak out against those they can invoke the name of Bush and appeal to the unwashed masses...then they can put forward the same principles in separate legislation and 'show' how much they care. Geez...skip to page 27 of the playbook and keep up already, willya?
    Once again highlighting that the unwashed masses are idiots.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by MaggieD View Post
    [B]Then why is he advocating repeal of the Bush tax cuts for small businesses?
    he is only advocating a return to the former tax rates for high earners - those making $200,000 ($250,000) as a couple
    are you suggesting that business owners who are enjoying such profitability are unable to afford to pay a haigher portion of the taxes required to restore our nation to greatness? certainly, based on the profits they enjoy, they are benefitting from the tax paid infrastructure that makes this country a great one in which to own a small business

    Why is he advocating return of the death tax? Up to 55% tax on estates of $1 million or more? If that's not working against small business, I don't know what is.
    do you also believe that a windfall someone wins by buying a lottery ticket should also be exempt from taxation?
    the person paying the taxes, either from lottery proceeds or from a willed estate, did not work for that windfall they enjoy ... then why should they not pay taxes like people who actually work for their incomes?

    He's a liar.
    please tell us exactly how he has lied
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by justabubba View Post
    he is only advocating a return to the former tax rates for high earners - those making $200,000 ($250,000) as a couple
    are you suggesting that business owners who are enjoying such profitability are unable to afford to pay a haigher portion of the taxes required to restore our nation to greatness? certainly, based on the profits they enjoy, they are benefitting from the tax paid infrastructure that makes this country a great one in which to own a small business
    He is also advocating the depreciation change for small business. This is huge.

    do you also believe that a windfall someone wins by buying a lottery ticket should also be exempt from taxation?
    the person paying the taxes, either from lottery proceeds or from a willed estate, did not work for that windfall they enjoy ... then why should they not pay taxes like people who actually work for their incomes?
    Why on earth are you bringing up lottery tickets???? What a ridiculous parallel. Every dollar from a person's estate is after-tax dollars. A man works all his life, pays all of us taxes, and when he dies, the government confiscates what's left. A man creates a small business that employs 25 people. It's valued at $3 million after he dies. The government confiscates 55% over $1 million and assesses taxes. The business can't afford them. The business is forced to borrow money or sell off assets to pay this legalized extortion. 25 people lose their jobs. It's stealing. A farmer works all of his life on his 30 acres of land. He dies. The government assesses estate taxes on "highest and best use" of his land. His family must sell the land to pay the taxes. It's stealing.


    please tell us exactly how he has lied
    "Pleading with Republicans to help small business."
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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