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Qtec
12-05-2010, 12:14 AM
link (http://money.cnn.com/2008/10/15/smallbusiness/small_biz_taxes_factcheck.smb/?postversion=2008101611)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">A more realistic definition of small businesses turns up far fewer firms. The Small Business Administration estimates that there were 6 million small businesses in 2005, as measured by those with fewer than 500 employees and with staff on the payroll other than the owner.
Who pays?

Second, even using the broad definition of small business that McCain likes, very few owners would see their own taxes rise.

That's because the lion's share of taxable income comes from a small number of wealthy businesses. Out of 34.7 million filers with business income on Schedules C, E or F, 479,000 filers fall into the top two brackets, according to an analysis of projected 2009 filings by the nonpartisan Tax Policy Center.

The other 34.3 million - <span style='font-size: 17pt'>or 98.6% - would be unaffected by Obama's proposed rate hike.</span> </div></div>

Q

Gayle in MD
12-05-2010, 04:51 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body"> link (http://money.cnn.com/2008/10/15/smallbusiness/small_biz_taxes_factcheck.smb/?postversion=2008101611)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">A more realistic definition of small businesses turns up far fewer firms. The Small Business Administration estimates that there were 6 million small businesses in 2005, as measured by those with fewer than 500 employees and with staff on the payroll other than the owner.
Who pays?

Second, even using the broad definition of small business that McCain likes, very few owners would see their own taxes rise.

That's because the lion's share of taxable income comes from a small number of wealthy businesses. Out of 34.7 million filers with business income on Schedules C, E or F, 479,000 filers fall into the top two brackets, according to an analysis of projected 2009 filings by the nonpartisan Tax Policy Center.

The other 34.3 million - <span style='font-size: 17pt'>or 98.6% - would be unaffected by Obama's proposed rate hike.</span> </div></div>

Q </div></div>

Republicans have been lying to the hilt about this whole situation on extending Bush's tax cuts for the top two percent.

Bottom line, if it had helped the economy, Bush wouldn't have had among the worst job creation of any president in history.

CEO's wouldn't have seen their income levels through the roof, while workers continued to lose income...

We should take the tax rates back up to where they were for the top earners, during Clinton's administration.

If Americans would go out of their way to buy American products, we'd have a shot. As long as most of what we buy, is coming from foreign countries, we're going to sink regardless of what the tax rates are.

G.

pooltchr
12-05-2010, 08:36 AM
Maybe if the government would get out of the way of American business, they could be more competitive with foreign manufacturers, and people would choose American products. But as long as the government and unions continue to impose their will on our businesses, they will never be price competitive.

Steve

LWW
12-05-2010, 08:40 AM
You are arguing with collectivists who see the only solution as empowering the state and diminishing the individual.

LWW

cushioncrawler
12-05-2010, 03:21 PM
A big chunk of usofa small bizness hav zero employees.
Just guessing, lets say its 20% -- thusly, theze 20%, in total, hav not one single direkt employee -- and never will hav.

A big chunk of usofa small bizness hav one or two fake employees -- ie the wife etc -- to reduce tax.
Just guessing, lets say its 10% -- thusly, theze 10%, in total, hav not one single genuine employee -- and never will hav.
mac.

pooltchr
12-05-2010, 03:27 PM
and where did you come up with these figures?

Steve

cushioncrawler
12-05-2010, 04:03 PM
Census stuff.....
.......About three quarters of all U.S. business firms have no payroll. Most are self-employed persons operating unincorporated businesses, and may or may not be the owner's principal source of income. Because nonemployers account for only about 3.4 percent of business receipts, they are not included in most business statistics, for example, most reports from the Economic Census. Since 1997, however, nonemployers have grown faster than employer firms........

02,777,777 (= 10.9%) firms hav 1 to 4 employees (2002??).
19,524,444 (= 76.8%) firms hav zero employees.
25,411,111 Total firms.

So the % having fake employees iz probly less than 10.9%, praps say 5%.
If so, the GOP probly get 81% vote support by theze firms.
mac.

LWW
12-05-2010, 04:43 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: cushioncrawler</div><div class="ubbcode-body">A big chunk of usofa small bizness hav zero employees.
Just guessing, lets say its 20% -- thusly, theze 20%, in total, hav not one single direkt employee -- and never will hav.

A big chunk of usofa small bizness hav one or two fake employees -- ie the wife etc -- to reduce tax.
Just guessing, lets say its 10% -- thusly, theze 10%, in total, hav not one single genuine employee -- and never will hav.
mac. </div></div>

And ...?

LWW

cushioncrawler
12-06-2010, 01:45 AM
Over 22,000,000 usofa residents are tax-dodgers.
All of theze probly vote GOP.
mac.

sack316
12-06-2010, 02:12 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: cushioncrawler</div><div class="ubbcode-body">Over 22,000,000 usofa residents are tax-dodgers.
All of theze probly vote GOP.
mac. </div></div>

Bill Richardson, Tom Daschle, Nancy Killefer, Hilda Solis, Timothy Geithner, Susan Tierney, Jane Garvey, Ron Kirk, Guy Hamilton Jones, Sr., Charlie Rangel, etc. etc. etc. probably don't vote GOP.

Sack

LWW
12-06-2010, 03:04 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: cushioncrawler</div><div class="ubbcode-body">Over 22,000,000 usofa residents are tax-dodgers.
All of theze probly vote GOP.
mac. </div></div>

How are they "TAX DODGERS" in your opinion?

LWW

pooltchr
12-06-2010, 07:03 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: cushioncrawler</div><div class="ubbcode-body">Over 22,000,000 usofa residents are tax-dodgers.
All of theze probly vote GOP.
mac. </div></div>

Either that, or they are offered jobs in the Obama administration!

Steve

cushioncrawler
12-06-2010, 01:34 PM
Tax dodgers uze glory holes that arent eezyly accessible to most of us.
Another reezon why if i were King i would hav zero tax -- karnt get fairer than that.
mac.