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Kraichgauer
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16 Aug 2011, 2:20 pm

DW_a_mom wrote:
AceOfSpades wrote:
Inuyasha wrote:
number5 wrote:
Inuyasha wrote:
Kraichgauer wrote:
That economic slump that began in Clinton's last days wasn't all that bad. And I'd credit Clinton's economic achievement more of the cause of the prosperity if Bush's early days.

-Bill, otherwise known as Kraichgauer


Clinton's "prosperity" was due to the dot.com bubble, which burst and caused all kinds of problems. Your argument that taxing small business owners more so the government can spend more in an irresponsible fashion is idiotic.


Clinton ran a surplus. Bush ran unfunded wars. And no where did anyone mention higher taxes on small business owners (including Obama).


:roll:

Okay I'm going to break it down for you, Obama's speeches are poll tested, every word it tested in order to get a favorable response. Whenever Obama says "millionaires and billionaires," he is in reality referring to small business owners. His comments about $250,000 a year and up is also a good indicator that he is referring to small business owners.
I doubt a six figure income was a reference to small business owners. Most small business owners make $30,000-60,000 IIRC which is about as much as teachers and principals make.


Inuyasha, $250,000 and up NET taxable income is NOT about small business. It's about NET taxable income, what is left when you report your take away on an individual income tax return. Granted, many small businesses elect to be taxed on the 1040 instead of on a corporate return, but they are quite free to make a different election, if they are realizing profits far above that $250,000 line. Not gross receipts, PROFITS. Regardless, only a FRACTION of returns reporting $250,000 in NET taxable income include a business on the return. Most are wage earners of some stripe or another, believe it or not.


Thank you!
I'm not nearly as well versed in all this financial voodoo as others on this forum, so I can't articulate the needed facts as well as you! 8)

-Bill, otherwise known as Kraichgauer



anarkhos
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20 Aug 2011, 4:20 am

YippySkippy wrote:
United we stand, divided we fall.
This two-party system has honest, well-intentioned Americans bickering amongst themselves, while the plutocrats and banksters rob us all.


QFT

[img][800:691]http://evilofindifference.files.wordpress.com/2010/11/march_of_tyranny.jpg[/img]



cave_canem
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20 Aug 2011, 7:26 am

Brilliant ad by Jack and the NDP.

I certainly am wishing Jack well - I hope that he is able to beat this latest cancer.

Of all the Canadian federal party leaders in recent memory, he has continually found a way to attack the policies of his opponents - not their character. (With the possible exception of Elizabeth May - she also shows a great deal of integrity.)

If only all politicians acted this way...



NoPast
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20 Aug 2011, 8:56 am

from a EU prospective:

US republican party: far-right party in bed with big business
US Democrats party: centre-right party in bed with big business