If taxes go up next year....

[Ravi]

So Ravi should tell everyone in Washington, all the Senators, the Representatives, obama, all the news media, all of the economists, and the people of the US that they don't need to worry about the fiscal cliff. It's going to be a boon to the job market.

Hell, tell obama that he's wrong, tell him to tax small businesses so they can hire more people and make more profit and grow the economy.

Jesus how dumb do you have to be to be a Democrat?

Small businesses don't pay taxes. My goodness, you people are so stupid it takes my breath away. Not your fault though, you are continually fed lies by Republicans.

 

[saveliberty]

I'm trying to save every cent I can for the next few years...
I just know with the Dems in power my retirement accounts are not safe...
They are like fresh meat to a pack of wolves.
Democrats are just waiting for their plan to come together so they can pounce
on them and have them controlled by government...

I hate these friggin people.
Maybe come retirement I head into Canada as well...and live in the wilderness.
This country is fucked right now and no end in sight as to how much the Libs wanna screw it up.

irrational and not fact-based...

when bush left office, the stock market was in the cellar...

how are your stocks now?

and, for the record, our economy ALWAYS does better under democrats than under republicans. but i suppose if facts trouble you...

In May of 2008 the Stock Market was more than it is right now.

5/19/08 - May 19, 2008 Close 13028.16

11/30/12- November 30, 2012 close: 13025.04 Up 3.22

The only reason that I am ahead in stocks since Bush is because while all you people were calling each other names and in a panic, I upped My 401k deduction from 7% to 15% in February 2009. I also started buying as much stock as I could afford. The only mistake I made was not going into Silver.

The truth is, people who have stocks or 401k's have pretty much been doing nothing but treading water for the past 4 years.

Years that we can no longer get back. Some plan the Obama had.

Only if you listened to brokers and held the stock. I'm in mutuals and transfer in and out on the market highs and lows. Up 13% this year with three weeks market exposure.

 

[Ravi]

If you contribute to your employees benefits you get a tax deduction.

So?

If you hire an employee and your revenue does not rise by a larger margin than the cost of the employee it is not a good decision to hire that employee.

Regardless of the tax situation if it makes sense a person will hire if it doesn't he shouldn't hire.

It ain't rocket science.

Unless your goal is to keep the same productivity but enjoy more leisure time as the boss by having underlings take over some of your responsibilities.

Or we can all just join Costco to buy company toilet paper and funnel it home like you do, lol.

 

[WillowTree]

No one complain about the tax rate during the Clintion era and the tax rate is only going back to then and not being raised. Tax cuts caused a cut in revenue and a deficit plus the two wars.

hey twafflelips.. we ain't going back to the Clinton cuts now are we?

 

[saveliberty]

I'd probably consider bartering versus getting all excited about taxes.

 

[saveliberty]

Personally, I'm just going to pay the tax and be glad I don't get as much government as I pay for.

 

[jillian]

I'm seriously considering saying "**** it" and call it a day. I don't need the bullshit anymore and can afford to ride off into the sunset and spend as much time in Canada hunting and fishing as I can. Wasn't planning on closing shop for another 5yrs or so but it is what it is.

Sucks for the 12 guys I employ, but I'm not Santa Clause, look to Washington for him.

of course you are...

like you make over $250,000 a year and are going to be affected by any of this.

I don't personally, no, but my company does

then they're incorporated and are paying at a corporate tax rate, not an individual rate, with all of the tax deductions and loopholes that includes. also, if their PROFITS, over their expenses, and over their operating costs is $250,000 then i doubt that a couple of extra points would make a difference one way or another.

 

[thereisnospoon]

If you contribute to your employees benefits you get a tax deduction.

Oh please....Pennies compared to the cost.
Typical intrusive all encompassing government bullshit. "Oh,do this and we'll give you a tax break/credit".
WHAT?!....So the burden gets shifted to others.
This is government's idea of "savings". Simply moving the chess pieces around the board.
Ultimately someone has to pay.

 

[Skull Pilot]

If you contribute to your employees benefits you get a tax deduction.

So?

If you hire an employee and your revenue does not rise by a larger margin than the cost of the employee it is not a good decision to hire that employee.

Regardless of the tax situation if it makes sense a person will hire if it doesn't he shouldn't hire.

It ain't rocket science.

Unless your goal is to keep the same productivity but enjoy more leisure time as the boss by having underlings take over some of your responsibilities.

Or we can all just join Costco to buy company toilet paper and funnel it home like you do, lol.

Don't forget the coffee.

 

[ba1614]

I'm seriously considering saying "**** it" and call it a day. I don't need the bullshit anymore and can afford to ride off into the sunset and spend as much time in Canada hunting and fishing as I can. Wasn't planning on closing shop for another 5yrs or so but it is what it is.

Sucks for the 12 guys I employ, but I'm not Santa Clause, look to Washington for him.

That's great! What business are you in? Lots of hungry college students waiting to step in and fill the void you leave. Enjoy Canada, it is a socialist paradise.

Excavation company and I hope some entrepreneurial young person does step up and make the sacrifices I did when I started it to replace my company. I truly and honestly do, but good luck to him under these conditions we face anymore.

And I do/will enjoy that great north very very much for as much time as I can swing it. My dogs and I enjoy the solitude more than you can imagine.

 

[ba1614]

of course you are...

like you make over $250,000 a year and are going to be affected by any of this.

I don't personally, no, but my company does

then they're incorporated and are paying at a corporate tax rate, not an individual rate, with all of the tax deductions and loopholes that includes. also, if their PROFITS, over their expenses, and over their operating costs is $250,000 then i doubt that a couple of extra points would make a difference one way or another.

It's more than just "the couple points", it's all the regulatory bullshit, the doubled fuel costs, the paperwork, people have changed, etc and the list goes on. It's gotten to be more than I'm willing to deal with is all, and I'm not in a position not to have to. Yes it sucks for the 12 fellas that work for me, but it is what it is.

Anyway, I'm not alone, and you are delusional if you don't think there's lots of skilled people who are sick of all the bullshit, and no it's not all obummer, it's been building for 20yrs.