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Thread: Obama to introduce another business tax cut

  1. #71
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    Re: Obama to introhttp://www.debatepolitics.com/newreplyduce another business tax cut

    Quote Originally Posted by apdst View Post
    Because, you can only depreciate a piece of equipment for 6 years. I'm running equipment that is 25 years old. If you depreciated equipment, based on it's useful life, then trucking companies could depreciate trucks for decades. Value and useful life are two different animals.
    If only the IRS offered depreciation schedules to help standardize this.

    Publication 946 (2009), How To Depreciate Property
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    Re: Obama to introhttp://www.debatepolitics.com/newreplyduce another business tax cut

    Quote Originally Posted by RightinNYC View Post
    If only the IRS offered depreciation schedules to help standardize this.

    Publication 946 (2009), How To Depreciate Property
    You got me. There are 44,000 pages in the US tax code and you're familiar with them all. I'm going to have to yell calf rope on this, my friend.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama to introhttp://www.debatepolitics.com/newreplyduce another business tax cut

    Double post..........
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama to introhttp://www.debatepolitics.com/newreplyduce another business tax cut

    Quote Originally Posted by apdst View Post
    You got me. There are 44,000 pages in the US tax code and you're familiar with them all. I'm going to have to yell calf rope on this, my friend.
    I'm not, actually. However, I am capable of reading the words in front of me and understanding that you're completely wrong.

    Given that this is the 6th or 7th topic where you've obstinantly refused to admit your error even when the evidence is right in front of your face, I'll stop wasting my breath. I'll let you have the last snarky comment about how I'm just an ivory tower whippersnapper who doesn't understand how the real world works.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Obama to introhttp://www.debatepolitics.com/newreplyduce another business tax cut

    Quote Originally Posted by MrVicchio View Post
    I'd take the word of someone that pays the taxes and lives the life over a Professor whose never had to run a business. What makes sense in Acedemia generally doesn't translate to the real world.
    yes ignore what the man who has spent most his life studying economics and now teaches at one of the best institutions in the world says and go with a dude on a message board who says he knows he is right because he runs a business despite the list of links NYC supplied clearly going against what apdst was saying. (sigh)
    I use a lot of satire and sarcasm so keep that in mind when reading my posts.

  6. #76
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    Re: Obama to introduce another business tax cut

    Quote Originally Posted by MrVicchio View Post
    He's playing **** politics is what he's doing. He's bundling his 50 Billion new "Stimulus" in with these "tax cuts". Basically if the GOP fights the 50Bill they lose, and if they support him, they lose.

    Obama, master of divisive politics.
    Is that upsetting the cons? That Obama is just too smart for those Reps in Congress?

    But, I don't understand why they lose if they support him, other than losing their title of "Party of No" - isn't that what Republicans claim they are for, businesses?



    "I have been thinking that I would make a proposition to my Republican friends... that if they will stop telling lies about the Democrats, we will stop telling the truth about them."
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    Re: Obama to introhttp://www.debatepolitics.com/newreplyduce another business tax cut

    Quote Originally Posted by apdst View Post
    You got me. There are 44,000 pages in the US tax code and you're familiar with them all. I'm going to have to yell calf rope on this, my friend.
    Hey, hey, something we can agree on, taxes are way too complicated!

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    Re: Obama to introduce another business tax cut

    Quote Originally Posted by Jetboogieman View Post
    It would be highly interesting if the Republicans opposed this plan.
    It would be great if people studied just what this proposal is. By pushing this spending into 2010-2011 does that remind anyone of the cash for clunkers. We spent billions and moved some car sales up by a couple of quarters, bad deal. Here the cost is materially less than the $200 Obama is stating. Besides moving up some spending, what he is saving companies is paying taxes this year or some later year. So there is a tax deferral not savings. With interest costs as low as they are, moving up the tax savings may not be a big deal and thus little real help to the economy. It would also be ironic if the capital companies spent money on was to make them more efficient, thus being able to lay off yet more workers.

    It is sad to see a president flailing around with so little understanding of his proposals. Or he understands, but thinks he is so much smarter than everyone else, he can con them he is actually doing something.

    We have a long term problem and need some grown ups to tell America that this can't be fixed overnight, the reasons why and then come up with solutions will get this fixed over the next 3-5 years.

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    Re: Obama to introduce another business tax cut

    Quote Originally Posted by j-mac View Post
    And what of the businesses that can't afford to expand this way right now? Due to the policies of this administration attacking them financially they are cash strapped. What do they get to survive? A big fat zero that's what. And the people they employ? they lose too.

    Look, if you are for the credit, then fine I have no problem with that. But don't for one second say that it is a tax break for business as a whole, when we both know it only benefits those who can afford to spend the money.

    j-mac
    But in doing so the tax credit ensures that money will be spent. Tax cuts often times simply add to the coffers of the already wealthy.

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    Re: Obama to introhttp://www.debatepolitics.com/newreplyduce another business tax cut

    Quote Originally Posted by BCR View Post
    yes ignore what the man who has spent most his life studying economics and now teaches at one of the best institutions in the world says and go with a dude on a message board who says he knows he is right because he runs a business despite the list of links NYC supplied clearly going against what apdst was saying. (sigh)
    Those who can, do. Those who can't, teach.

    BTW, you do understand that economics doesn't really have anything to do with running a business, right? Show up with a bunchs guys that have MBA's, then you might have a credible source. That ain't going to happen, because the MBA's are only going to call this, "tax cut", what it really is.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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