Common Sense

backagain39

New Member
Obama says that 98% of small business will pay no taxes.....They must make under 250,000 a year to qualify....

Now lets look at a small business.......between assets, employee salaries, and inventory, I would say that on paper alot of companies make over 250,000 and will fall over the limit.....

Good bye jobs.....................since the small business must pay increased taxes guess what?....either the consumer picks up the tab or one or more of the employees lose their jobs in order for the small business to survive.

He also says that 95% of tax payers will have no increase of taxes....there are 35% of American families that PAY NO TAXES but they will get TAX CREDITS under Obama, so are the tax credits on top of the welfare checks and food stamps that they are already receiving?????????????????????????
You do the math.
 

Larry Gude

Strung Out
It...

Obama says that 98% of small business will pay no taxes.....They must make under 250,000 a year to qualify....

Now lets look at a small business.......between assets, employee salaries, and inventory, I would say that on paper alot of companies make over 250,000 and will fall over the limit.....

Good bye jobs.....................since the small business must pay increased taxes guess what?....either the consumer picks up the tab or one or more of the employees lose their jobs in order for the small business to survive.

He also says that 95% of tax payers will have no increase of taxes....there are 35% of American families that PAY NO TAXES but they will get TAX CREDITS under Obama, so are the tax credits on top of the welfare checks and food stamps that they are already receiving?????????????????????????
You do the math.

...depends if he is talking net or gross. And what he intends to do with how a business calculates profit, ie after COGS, after O/H.

It's still not a tax cut when you take from one and give to another.
 

tommyjones

New Member
...depends if he is talking net or gross. And what he intends to do with how a business calculates profit, ie after COGS, after O/H.

It's still not a tax cut when you take from one and give to another.

:yeahthat:

from what i understand he is talking net, or adjusted gross for the individual
 

chernmax

NOT Politically Correct!!
Sometimes we the people just need to kick the Politically Correctness Bullsh*t out the window and say it in a way most Americans understand or can relate too!!! :howdy:
 
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