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Obama to business owners: "You didn't build that." [W:417]

Dude, you really need to do the homework yourself before you make yourself look even sillier. Corporate income taxes comprise just 9% of federal tax revenue, versus 42% from individual taxes. The lion's share of the rest comes from payroll taxes.

now that's the facts, Jack. :)
 
Who built the roads there? The government?

Hmmmmm.....where did the government get the money to build those roads?

So what's your point? That because taxes were used in most cases, building roads is bad?
 
So what's your point? That because taxes were used in most cases, building roads is bad?

No, building roads is good. But understanding who is responsible for those roads is the point. It's not the government, it's the tax payers and businesses. Obama was taking credit for something government isn't responsible for.

My business succeeds because of my hard work, risk management, vision, and determination, NOT because there's a road outside, and NOT because of my 3rd grade teacher.
 
so you acknowledge that the silly claim that "Obama says business-owners didn't create their businesses", is a stupid lie?

No, it's not a lie. That's what he said. I agree that what he meant by it has been exaggerated....but it is what he said.
 
Before it's all over, leftie revisionists will have "nuanced" Obama's little slip to mean "without American entrepreneurial spirit and individual risk taking, America and capitalism couldn't exist"

****ing frauds.
 
Dude, you really need to do the homework yourself before you make yourself look even sillier. Corporate income taxes comprise just 9% of federal tax revenue, versus 42% from individual taxes. The lion's share of the rest comes from payroll taxes.

Combining corporate tax revenues and payroll tax revenues, businesses pay the lion's share of taxes. Who do you think pays payroll taxes? Especially when a person is self-employed?

Also, you are not factoring in that fact that 60% of all small businesses pay taxes as INDIVIDUALS, not as corporations.

Like I said, homework consists of a little more than looking at a single google search, or pie chart my friend. More ignorance on display from yet another person with just as much business experience as the Manchild Obama.
 
No, it's not a lie. That's what he said. I agree that what he meant by it has been exaggerated....but it is what he said.

no, its not what he said.

no intelligent & logical reading of his statement can bring one to that conclusion.
 
Are you familiar with the concept of a neccesary but not sufficient condition? That is what Obama was describing. Government is necessary for businesses succeed, but government alone obviously isn't sufficient. It also requires individual initiative, hard work, and personal responsibility.

Business has succeeded under every form of govt and lack thereof. Govt is not the required ingredient for business to thrive.
 
no, its not what he said.

no intelligent & logical reading of his statement can bring one to that conclusion.

Whatever cheerleader. He said it. He means it. He's ignorant. He's never owned a business, and the reason you don't get it, is because you've never built anything yourself either.
 
no, its not what he said.

It is what he said. "You didn't build that!" Said rather emphatically, I might add.

no intelligent & logical reading of his statement can bring one to that conclusion.

Except for one lacking the worshipful bias you have for him.
 
govt. provides the infrastructure to allow business to succeed.

If it didn't, business would provide it's own infrastructure. Which has been proven through thousands of years of history preceding modern govt.
 
no, there would just be a lot fewer businesses.

and how would you substantiate that?

Furthermore, I'd appreciate it if you would stop editing my comments when you reply to me. It's cowardly and dishonest.
 
Combining corporate tax revenues and payroll tax revenues, businesses pay the lion's share of taxes. Who do you think pays payroll taxes? Especially when a person is self-employed?

No, individuals still pay the lion's share of taxes as a good portion of the payroll tax comes out of their paychecks. Of course whatever a sole proprieter pays counts as both individual and business income.
 
No, individuals still pay the lion's share of taxes as a good portion of the payroll tax comes out of their paychecks. Of course whatever a sole proprieter pays counts as both individual and business income.

That's a bit of a misrepresentation. The personal income of small business owners make up the majority of the overall personal income portion.
 
Furthermore, I'd appreciate it if you would stop editing my comments when you reply to me. It's cowardly and dishonest.

That's pretty damned ironic, given the thread. :lol:
 
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