Small biz tax cuts

Discussion in 'Current Events' started by Truthmatters, Dec 8, 2009.

  1. Truthmatters
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  2. Oddball
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    Oddball BANNED Supporting Member

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    From the link:

    Tells us all we need to know.
     
  3. Truthmatters
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    it was just floated dude.

    Do you aprove of the idea of small biz tax cuts and suspending of the new investiment taxes?
     
  4. Truthmatters
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    well dude?
     
  5. Skull Pilot
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    Skull Pilot Platinum Member

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    How many small businesses will realize a temporary capital gains tax cut?

    NONE.

    Most businesses need to invest in equipment which depreciates. Now if you want to help businesses, let them claim the entire cost of everything they buy the year they buy it and get rid of the depreciation schedules.
     
  6. Truthmatters
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    I think you dont understand the proposal
     
  7. Sinatra
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    Sinatra Senior Member

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    You're on the right track here.

    Besides the fact there have been NO real specifics, what little information regarding these "tax cuts" appear to be quite limited with minimal impact.

    Obama is mouthing the phrase "tax cut" without actually delivering. As his polling tumbles he wishes to sound more mainstream, while still moving ahead with his very unwise liberal agenda - Cap n Tax, single-payer health care, tax hikes, etc.

    Obama speaks - and the stock market tanks. It's like clockwork...
     
  8. Oddball
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    I'm a small business operator, numbnuts....I know bullshitters from the District of Criminals bullshitting me on small business tax policies when I hear them.

    His "plan" is long on mouth action and short on plan.
     
  9. uscitizen
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    uscitizen Senior Member

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    Market has been tanking all afternoon.

    Must have something to do with Tiger Woods.
     
  10. Ravi
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    Ravi Diamond Member

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    It's up to around $250K in purchases that can be totally written off this year, isn't it? Maybe he's proposing to raise the ceiling.
     

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