Is the 250K income gross or net? I can't find a definition. If the 250K is gross income, small businesses will be hurt.
of
@
Oct 18, 2008 11:53:22 AM
McCain, Oh McCain
This guy hasn't got a clue. So he was a prisoner of war. Big whoop. What does that have to do with anything that relates to the election? However, I do have to give him props for his sneaky ways of picking a women vice president to support all of Hillary's votes. BUT, I still think that Obama is the right choce for president because McCain is too old to do anything that involves a serious responsibility as running the country. I really don't want my life in this guy's hands.
Charolotte
of KY
@
Sep 24, 2008 23:28:42 PM
S corp and Obama
Obama is most certainly for the small businesses in America. The only time taxes would be raised if incomes are over 250K (we should all be so lucky to make that much) Guess if we did we would be Republicans. I'm going with Obama!
Ted
of FL
@
Sep 12, 2008 16:50:40 PM
Lucy, lucy
1) YOU are not taxed on estates. You (then) are passed away.
The heirs are taxed on a windfall they did not create---to raise revenue and prevent dynasty.
2) You (probably an S-Corp) are not taxed more heavily than the big corporations you compete with.
3) You are haughty to boot. "We" don't work for you as you imagine. Pity your employees.
of
@
Aug 27, 2008 16:38:31 PM
McCain gets it
McCain at least understands that Americans who work 24/7 to start and build business deserve to be able to reap the rewards of the seed they sow. Why should we be taxed when businesses pass to our heirs? We have already been taxed far more than the large companies we compete with regularly. We take risks -- personally, professionally. We put employees needs before our own. We sacrifice and work harder than any union member or corporate executive with far more to lose. Wake up folks. wihtout us -- there is no middle america., You want to raise our taxes. Great. raise our taxes and you know what -- we can survive without employing any of you or giving anything to charity or our communities. We will be greedy. We'll have to me.
McCain rocks.
lucy
of MO
@
Aug 26, 2008 22:26:01 PM
If McCain had any wisdom, he'd know that most of the small businesses are brick-and-mortar places that, if anything, COMPETE with products sold on the Internet. Banning sales taxes from Internet sales HURTS more small businesses than it "helps".
He would also know that (due to filibuster) that a 3/5 (60 senators) majority is ALREADY needed for Congress to raise taxes.
Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.
of @ Oct 18, 2008 11:53:22 AM
Charolotte of KY @ Sep 24, 2008 23:28:42 PM
Ted of FL @ Sep 12, 2008 16:50:40 PM
of @ Aug 27, 2008 16:38:31 PM
lucy of MO @ Aug 26, 2008 22:26:01 PM
of @ Aug 26, 2008 13:56:19 PM
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