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Thread: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

  1. #141
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by liblady View Post
    essentially, what you are saying is that small business will just give up and go away because they might have to pay a bit extra. that's just not true, especailly with the breaks the obama admin wants for small business. and i didn't realize there was a tax increase to small business for healthcare, where can i find THAT information? oh, and of course regulation affects small business, always has, always will.
    Quote Originally Posted by Eric Staib
    As a result, large firms that now provide employee health insurance will either deduct more for their benefits packages or attempt to manage the plan internally. Firms that outsource plan management to insurers, by the very act of doing so, demonstrate that their managers do not believe themselves competent to manage the plans.

    Therefore, this tax will lead to poorer management of employer-provided health insurance plans that, by government fiat, can no longer be inexpensively outsourced. For employees, this will mean more expensive premiums and more erratic claims-payment practices, both of which undermine the benefits to employees of having insurance in the first place.
    Healthcare Reform and a New Producer Tax - Eric M. Staib - Mises Daily

    Businesses are probably going to wait and see what happens before they expand production. They want stability, not threats left and right.

    this sounding of the alarm is designed to do one thing, get people to vote republican. can you give specific examples of regulation, taxes and healthcare causing small business to go under?
    You know you can't find specific examples like that. You have to work with the theory.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by liblady View Post
    that's just silly. there is ALWAYS the chance costs could increase, for any number of reasons. just as there is always a chance of different regulation. businesses can and will plan for that.

    as for small business tax increases, where's that threat coming from...your mind?
    Most cost increases for business are self imposed not govt. generated which this is and thus can be predicted. Never ran a business, I see. I have!

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by phattonez View Post
    Healthcare Reform and a New Producer Tax - Eric M. Staib - Mises Daily

    Businesses are probably going to wait and see what happens before they expand production. They want stability, not threats left and right.



    You know you can't find specific examples like that. You have to work with the theory.
    Or you work based upon historical facts in your own business. Being a wage slave gives one a different perspective vs. owning your own business and having your own money invested. No small business is going to expand not knowing the cost of the Obama agenda.

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Demand drives expansion.... Anyone who tries to argue to the contrary is quite wrong and IMHO a fool.

    Some facts on small business for those who are interested.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by phattonez View Post
    When you have the threat of new regulations and new taxes, you aren't sure what your costs are going to be in the future. How can you invest when you can't even venture as guess as to what future costs will be like?
    Business is never really sure, and frankly, it's not that up in the air. They can plan and handle any of this. What they can't control is demand. People have to buy. If they do, they will respond regardless of all other factors.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Goldenboy219 View Post
    Demand drives expansion.... Anyone who tries to argue to the contrary is quite wrong and IMHO a fool.

    Some facts on small business for those who are interested.
    Think that you increase demand by driving up the size of govt. and thus taxes to pay for it?

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Boo Radley View Post
    Business is never really sure, and frankly, it's not that up in the air. They can plan and handle any of this. What they can't control is demand. People have to buy. If they do, they will respond regardless of all other factors.
    With all that economic business knowledge and expertise you have, why haven't you started your own business with your own money?

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Conservative View Post
    With all that economic business knowledge and expertise you have, why haven't you started your own business with your own money?
    How do you know I haven't?

    But the fact is we have history as a guide. Busniess has grown with high taxes and shrank with low taxes, and vice versa. Any reasonable person can look at that and conclude that taxes don't seem to play a major role.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Boo Radley View Post
    How do you know I haven't?

    But the fact is we have history as a guide. Busniess has grown with high taxes and shrank with low taxes, and vice versa. Any reasonable person can look at that and conclude that taxes don't seem to play a major role.
    Because you told me you were taking on more responsibility at the company where you work.

    I am still waiting for you to apply your own financial situation to the national scene, when your taxes go up do you have more or less spendable income and how does that affect spending?

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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Boo Radley View Post
    But the fact is we have history as a guide. Busniess has grown with high taxes and shrank with low taxes, and vice versa. Any reasonable person can look at that and conclude that taxes don't seem to play a major role.

    Could you show this empirically to be true, or are you just making absurd statements hoping not to be challenged?

    High taxes, and uncertainty in the market place are business killers, plain and simple.

    Mr. Obama hit Republicans hard for not passing his $42 billion Small Business Jobs Act, but Americans should realize that there's less here than meets the soundbite. The bill contains $12 billion in targeted tax cuts, such as a 100% exclusion of capital gains income for certain small start-ups, expensing for certain capital purchases, and new deductions for start-up expenses.

    These sound great, except only a fraction of businesses will be eligible and the write-offs last for only one or two years. One of the larger capital gains tax exclusions, for example, will apply to stock purchased between 2009 and January 1, 2011, which is only months away. In terms of the overall economy, these are very small beer.

    The White House is right that a capital gains tax cut will help small businesses raise capital. So why raise that tax rate to 20% from 15% on January 1 for everyone else? This bill isn't even a net business tax cut, because the temporary small business cuts are offset by permanent corporate tax increases. Mr. Obama is promising $12 billion of tax cuts with his left hand while proposing to collect about $300 billion in tax increases from this bill and others with his right.

    Review & Outlook: The Small Beer Bill - WSJ.com
    Senate Democrats had a chance to ask the President questions at a Q&A session this week. Mostly a show for the home town crowds in their respective states, the Senators asked tuff questions to help boost poll numbers at home. All of the Senators that asked questions will find themselves in a fight this fall for their seats. If you didn’t know that it was democrats asking the questions, you would think that the questions came strait from the GOP. One of the best and most important questions came from Senator Blanche Lincoln.

    “I visited with a constituent yesterday, good Democrat, small business owner, who was extremely frustrated — extremely frustrated because there was a lack of certainty and predictability from his government for him to be able to run his businesses.”

    Lincoln did not elaborate on what lack of certainty the small business owner was referrin
    The point speaks for itself. If small business in Amecrica feels that the future is not ripe for growth, the business owners will save as much capital as they can by cutting cost. Lowering expenses, laying workers off, or cutting benefits and wages would be just some of the possibilities not to mention not hiring new employees. We can only speculate as to the reaction of owners in an uncertain economic situation that continues in this country.

    http://www.sbaloans-123.com/sba-fund...–-says-lincoln
    We see this today....Plenty of businesses taking applications, making prospective employees jump through hoops thinking that they have a prospective job, and then not hearing from them ever again. In times of certainty, this would not be happening.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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