Here's your evil top 1% ...

[Jeremy]

[ame]http://www.youtube.com/watch?v=Si5pDokMg7I&feature=player_embedded[/ame]

 

[Jeremy]

*crickets*

 

[Trajan]

You must spread some Reputation around before giving it to Jeremy again.



that evil rich guy....45% it should be 70%, he doesn't need to eat, he can work for $30 an hour and be fine...right?

Oh and his state UE needs to go up......there are folks who need him to pay more unemployment taxes.

 

[iamwhatiseem]

Great story and dead accurate.

For every teenager that thinks his parents is made of money, there are three liberals who thinks the company they work for is made of money.

In the past few months we have done better at our company. But "better" is not what it used to be. In October we made as much money as we did Jan-September. However, October would have been a bad month compared to pre-recession.
Taking another huge hit for higher taxes would be insanely stupid.

 

[GHook93]

The Libs don't understand that firmly in that $250-$750K (even up to 1 million) is the SUCCESSFUL small businesses that employee the majority of Americans!!!

If it was up to libtards they would want to tax businesses on Gross Income!

http://www.youtube.com/watch?v=Si5pDokMg7I&feature=player_embedded

 

[Jeremy]

Well shoot, I tried.

I guess the left isn't interested in this topic if you inject a little bit of the "real world".

 

[MaggieMae]

The Libs don't understand that firmly in that $250-$750K (even up to 1 million) is the SUCCESSFUL small businesses that employee the majority of Americans!!!

If it was up to libtards they would want to tax businesses on Gross Income!

http://www.youtube.com/watch?v=Si5pDokMg7I&feature=player_embedded

I can't believe after all this time, some of you are STILL arguing that long-ago disproven point.

PolitiFact | So-called wealthy are actually small business owners? The data is dubious

If you are a small business owner yourself, you would have to be a whiz running a very profitable small business to get hit with a tax increase under the plan Obama supports. You would have to report total income of more than $200,000 (or $250,000 for couples) after all your business expenses were deducted. You may remember this being a key point during the Joe the Plumber debate during the 2008 campaign when Samuel Joseph Wurzelbacher said to then candidate Obama, "I'm getting ready to buy a company that makes 250 to 280 thousand dollars a year. Your new tax plan's going to tax me more, isn't it?" Back then, the Tax Policy Center analyzed all taxpayers, of any income level, who report these types of business income. They found only about 2 percent of them would see tax increases if the government increased the rates on the top earners. So the vast majority of possible small business owners would not see a tax increase if the Bush tax cuts expire for those in the top incomes.

If you don't believe that fact-checker, then here is just one Google page of reports by other economists saying the same thing.

Only 2% of small businesses would be taxed in the over $250,000 bracket - Bing

 

[FireFly]

It is not just the poor that have been severly impacted by this economy. 93% of Americans have fallen on hard times.

Standing on Shaky Ground: Americans' Experiences with Economic Insecurity

Ninety-three percent of American households suffered at least one "substantial economic shock" in the 18-month period from March 2008 to September 2009, according to a new report from the Rockefeller Foundation and Yale University.

 

[loosecannon]

The Libs don't understand that firmly in that $250-$750K (even up to 1 million) is the SUCCESSFUL small businesses that employee the majority of Americans!!!

If it was up to libtards they would want to tax businesses on Gross Income!

http://www.youtube.com/watch?v=Si5pDokMg7I&feature=player_embedded

If those small business owners who are reeling in $250K-$1000K in TAXABLE INCOME/year can't kick down and begin hiring, then tax em!

The only justification for allowing capitalists to exist is if they STIMULATE econ growth. If they won't then we can return them to the tax schedules of say 1965.

Nuf sed.

 

[loosecannon]

It is not just the poor that have been severly impacted by this economy. 93% of Americans have fallen on hard times.

Standing on Shaky Ground: Americans' Experiences with Economic Insecurity

Ninety-three percent of American households suffered at least one "substantial economic shock" in the 18-month period from March 2008 to September 2009, according to a new report from the Rockefeller Foundation and Yale University.

Just ask Wall Street! The folks earning a living on "the street" sure feel like the last two years was a real kick in the nutz!

 

[GHook93]

Every one but the C Corp gets taxed on flow through taxation, this includes the S Corps! YES the vast vat majority of small businesses fall under the $250K mark, HOWEVER, the SUCCESSFUL small business owners (LLC, LP, GP, S-Corp etc) are firmly within the $250K - $750K mark and many are in the $750K- $1 mil mark! These companies can employee up to 500+ people and are directly effected by increased income taxes!

The Libs don't understand that firmly in that $250-$750K (even up to 1 million) is the SUCCESSFUL small businesses that employee the majority of Americans!!!

If it was up to libtards they would want to tax businesses on Gross Income!

http://www.youtube.com/watch?v=Si5pDokMg7I&feature=player_embedded

I can't believe after all this time, some of you are STILL arguing that long-ago disproven point.

PolitiFact | So-called wealthy are actually small business owners? The data is dubious

If you are a small business owner yourself, you would have to be a whiz running a very profitable small business to get hit with a tax increase under the plan Obama supports. You would have to report total income of more than $200,000 (or $250,000 for couples) after all your business expenses were deducted. You may remember this being a key point during the Joe the Plumber debate during the 2008 campaign when Samuel Joseph Wurzelbacher said to then candidate Obama, "I'm getting ready to buy a company that makes 250 to 280 thousand dollars a year. Your new tax plan's going to tax me more, isn't it?" Back then, the Tax Policy Center analyzed all taxpayers, of any income level, who report these types of business income. They found only about 2 percent of them would see tax increases if the government increased the rates on the top earners. So the vast majority of possible small business owners would not see a tax increase if the Bush tax cuts expire for those in the top incomes.

If you don't believe that fact-checker, then here is just one Google page of reports by other economists saying the same thing.

Only 2% of small businesses would be taxed in the over $250,000 bracket - Bing

 

[loosecannon]

Great story and dead accurate.

For every teenager that thinks his parents is made of money, there are three liberals who thinks the company they work for is made of money.

In the past few months we have done better at our company. But "better" is not what it used to be. In October we made as much money as we did Jan-September. However, October would have been a bad month compared to pre-recession.
Taking another huge hit for higher taxes would be insanely stupid.

I don't get it. You seem to fully understand that your living standards are heading the way of global parity. And surely all Americans must realize that since 1946 we have earned far, far more than our share. Or more on point we have been paid far, far more than we actually earned.

So why complain? Thank God you don't live in the 150 poorest nations on earth. Thank God that you live in the US where your wages are automatically 3-4 times higher than what you would earn for the same effort in most of the world, not to mention the overwhelming majority of history.

Americans nest on piles of wealth every day that nobody on earth could imagine 150 years ago. And everyday we essentially say "let them eat cake" to the poorest 2-3 billion people alive who exist on a few dollars a day in income......all because they had the misfortune and we had the fortune of picking our parents?

I simply do not understand the sense of entitlement Americans exude. It bewilders me. You had it ALL. Isn't that enough? Did you think it was somehow your birthright to be eternally wealthy just because?

I can understand competing to keep our edge. I just can't see how most of us have any basis for complaining about our amazingly lucky fates.

 

[uscitizen]

Everyone take a 50% pay cut and drop your retirement and insurance so US businesses can compete.

 

[william the wie]

The mom and pop shop will not get hit by this tax but the McDonald's or Dunkin Donuts franchisee will. An employer with 500 employees or FTEs is running close to $10,000,000 in payroll expense and $25 million in capitalization. At $1,000,000 net aftertax free cashflow the owner should give strong consideration to sale or liquidation because practically any balanced asset allocation tested would perform better. And that owner is by federal definition a small business owner.

 

[FireFly]

The mom and pop shop will not get hit by this tax but the McDonald's or Dunkin Donuts franchisee will. An employer with 500 employees or FTEs is running close to $10,000,000 in payroll expense and $25 million in capitalization. At $1,000,000 net aftertax free cashflow the owner should give strong consideration to sale or liquidation because practically any balanced asset allocation tested would perform better. And that owner is by federal definition a small business owner.

The healthcare law will defiantly hit the Wal-Mart type retail chains & large McDonald's type franchise franchise hard while giving a little benefit to small business after hitting them with the massive 1099 tax regulation burden.

 

[uscitizen]

The mom and pop shop will not get hit by this tax but the McDonald's or Dunkin Donuts franchisee will. An employer with 500 employees or FTEs is running close to $10,000,000 in payroll expense and $25 million in capitalization. At $1,000,000 net aftertax free cashflow the owner should give strong consideration to sale or liquidation because practically any balanced asset allocation tested would perform better. And that owner is by federal definition a small business owner.

Umm kinda hard for McDonalds and Dunkin doughnuts to offshore since the customers are here, same for the entire retail industry. they will stay, at least till things get so bad that people cannot afford their "luxuries" and just fall back to the basics.

 

[william the wie]

The mom and pop shop will not get hit by this tax but the McDonald's or Dunkin Donuts franchisee will. An employer with 500 employees or FTEs is running close to $10,000,000 in payroll expense and $25 million in capitalization. At $1,000,000 net aftertax free cashflow the owner should give strong consideration to sale or liquidation because practically any balanced asset allocation tested would perform better. And that owner is by federal definition a small business owner.

The healthcare law will defiantly hit the Wal-Mart type retail chains & large McDonald's type franchise franchise hard while giving a little benefit to small business after hitting them with the massive 1099 tax regulation burden.

You could be right but that sounds optimistic to me. Lobbying pays.

 

[GWV5903]

Great story and dead accurate.

For every teenager that thinks his parents is made of money, there are three liberals who thinks the company they work for is made of money.

In the past few months we have done better at our company. But "better" is not what it used to be. In October we made as much money as we did Jan-September. However, October would have been a bad month compared to pre-recession.
Taking another huge hit for higher taxes would be insanely stupid.

I don't get it. You seem to fully understand that your living standards are heading the way of global parity. And surely all Americans must realize that since 1946 we have earned far, far more than our share. Or more on point we have been paid far, far more than we actually earned.

So why complain? Thank God you don't live in the 150 poorest nations on earth. Thank God that you live in the US where your wages are automatically 3-4 times higher than what you would earn for the same effort in most of the world, not to mention the overwhelming majority of history.

Americans nest on piles of wealth every day that nobody on earth could imagine 150 years ago. And everyday we essentially say "let them eat cake" to the poorest 2-3 billion people alive who exist on a few dollars a day in income......all because they had the misfortune and we had the fortune of picking our parents?

I simply do not understand the sense of entitlement Americans exude. It bewilders me. You had it ALL. Isn't that enough? Did you think it was somehow your birthright to be eternally wealthy just because?

I can understand competing to keep our edge. I just can't see how most of us have any basis for complaining about our amazingly lucky fates.

I doubt you ever will get it....

The belief, much less a tax bracket that declares a tax payer is wealthy at $250K is crazy, stupid and absolute BS.....

For most successful Americans it is earned, where in the world today besides America is the opportunity for success greater? This belief we can tax ourselves to succeed as a nation in a world economy is ass backwards.....

We have a government that is broken, it continues to spend more than it takes in.....

To continue the policy that our most successful citizens need to carry a greater burden will only deteriorate the country that has lead the world for 234 years.....

 

[The Infidel]

If those small business owners who are reeling in $250K-$1000K in TAXABLE INCOME/year can't kick down and begin hiring, then tax em!

The only justification for allowing capitalists to exist is if they STIMULATE econ growth. If they won't then we can return them to the tax schedules of say 1965.

Nuf sed.

Spoken like a true Commucrat

Bravo.... brrrraaaaavvvo!

 

[Ropey]

You must spread some Reputation around before giving it to Jeremy again.

X2

A most excellent post.