If you really want to help small business

[Ravi]

Why doesn't everyone just pay the same percentage in taxes ... companies and individuals? Oh that's right ... gotta keep it complicated so politicians can run on issues like this.

Why can't businesses right off all of there purchases when they make them instead of depreciating them?

So much hypocrisy from the cons, delicious.

 

[rightwinger]

How about nobody gets a break or a cut and everyone is treated exactly the same with the same exact rate on every dollar earned without exception, exemption, loophole, or deduction??

Nah... for too many out there, as stated so many times, it is all about the pandering and the power that comes from it

Same old....lets cut taxes on the rich and raise them on the poor

Did not bother you when it went in reverse, and having more and more people not paying federal income taxes at every step... it was wrong to do it in the first place.. there should not have been, and should not be, anyone exempted from paying federal income taxes and there should not have been, and should not be, anyone paying any different rate on every dollar...

Just because people like you brought the fucked up system into the state it is now, does not make it right.... and simplifying it and fixing it to be where it should have been all along is not a bad thing

With the exception of Russia, every industrialized nation has a progressive tax structure

Is Russia our model now?

 

[Oddball]

Why doesn't everyone just pay the same percentage in taxes ... companies and individuals? Oh that's right ... gotta keep it complicated so politicians can run on issues like this.

Why can't businesses right off all of there purchases when they make them instead of depreciating them?

So much hypocrisy from the cons, delicious.

Because capital equipment doesn't become worth zero at the point of purchase....DUUUH!

 

[SniperFire]

Why doesn't everyone just pay the same percentage in taxes ... companies and individuals? Oh that's right ... gotta keep it complicated so politicians can run on issues like this.

Why can't businesses right off all of there purchases when they make them instead of depreciating them?

Because depreciation schedules exist for a reason.

 

[DiamondDave]

Same old....lets cut taxes on the rich and raise them on the poor

Did not bother you when it went in reverse, and having more and more people not paying federal income taxes at every step... it was wrong to do it in the first place.. there should not have been, and should not be, anyone exempted from paying federal income taxes and there should not have been, and should not be, anyone paying any different rate on every dollar...

Just because people like you brought the fucked up system into the state it is now, does not make it right.... and simplifying it and fixing it to be where it should have been all along is not a bad thing

With the exception of Russia, every industrialized nation has a progressive tax structure

Is Russia our model now?

Because government all over, not just ours, are corrupted by power...

You and your ilk, and governmental officials, love to talk a good game when it comes to equality in treatment.... but when they realize their pandering and complication of the system can help play for power, they gladly do it.. which is why it has to change...

Why not set the standard on equal treatment?? We set the standard before when the constitution was written.. We can show that we are not perfect, but we strive toward it

 

[Ravi]

Why doesn't everyone just pay the same percentage in taxes ... companies and individuals? Oh that's right ... gotta keep it complicated so politicians can run on issues like this.

Why can't businesses right off all of there purchases when they make them instead of depreciating them?

So much hypocrisy from the cons, delicious.

Because capital equipment doesn't become worth zero at the point of purchase....DUUUH!

Good big government response there, Fraudball.

 

[LordBrownTrout]

Hiring based on tax cuts is not a wise move. Revenues and growth have to be in place to justify the hiring of another employee.

 

[SniperFire]

It is amusing, however, when Libtards give us small business advice.

LOL

 

[Skull Pilot]

Get your reps to approve this:

Democrats want to push tax cuts through the Senate for companies that hire new workers, give raises or buy major new equipment this year.

I would so give raises and buy more equipment if this passes.

I don't need any new equipment or any new employees.

Bribing people to hire employees they don't need isn't going to help the bottom line of any business because the cost of the employee will surely be more than any tax credit you'll receive.

Ditto for buying equipment you don't need.

 

[Oddball]

Why can't businesses right off all of there purchases when they make them instead of depreciating them?

So much hypocrisy from the cons, delicious.

Because capital equipment doesn't become worth zero at the point of purchase....DUUUH!

Good big government response there, Fraudball.

Translation: I haven't the first idea what I'm blabbering about.

 

[Avatar4321]

The problem with this is it's basically government subsidizing jobs. There isnt any real growth. The government gives the company money for hiring someone. Let's say for example that the tax break is $3000. Is a company going to hire someone at $40K plus benefits to get a $3000 tax credit for one year? That doesnt sound like it's the best argument for job growth. And what happens next year after the election when the administration doesnt give a flying crap about being reelected? Where does it put the business who has taken on additional burdens if the economy hasnt recovered then?

The best thing for the economy is to give people real and definite tax cuts and quit spending more money than we take in.

 

[Avatar4321]

I am SO tired of this tax cut for person or group X while person or group Y harbors more of the burden thing.. this posturing and pandering is why we got in trouble in the first place

Yes.. it sounds good, but it basically comes down to the government picking winners and losers in all aspects of the game.. and that is not the job of government

I am SO tired of this lets give tax cuts across the board and hope some trickles down as jobs

How about you earn a tax cut AFTER you have created jobs?

And why would you want to spend tens of thousands of dollars for miniscule tax breaks when the economy is uncertain? If you dont know what your business is going to be like because of the government action, why on earth would you start spending money to hire for a one year tax cut at a fraction of the price?

This is great for people who are already hiring. No doubt about that. But it's not going to spur more hiring.

 

[Skull Pilot]

Same old....lets cut taxes on the rich and raise them on the poor

Did not bother you when it went in reverse, and having more and more people not paying federal income taxes at every step... it was wrong to do it in the first place.. there should not have been, and should not be, anyone exempted from paying federal income taxes and there should not have been, and should not be, anyone paying any different rate on every dollar...

Just because people like you brought the fucked up system into the state it is now, does not make it right.... and simplifying it and fixing it to be where it should have been all along is not a bad thing

With the exception of Russia, every industrialized nation has a progressive tax structure

Is Russia our model now?

Russia's flat tax has worked very well

The Rise Of The Flat Tax Gives Us Morning In Albania - Forbes

Russia, which implemented its flat tax in 2001, provides one of the best longer-term examples. Between 2000 and 2008, Russia’s GDP (in U.S. dollar terms) grew at an average compounded rate of 26% per annum. The end result was that GDP in 2008 was 546% higher than in 2000.

Russia’s tax revenue/GDP ratio was 31.4% in 2000, and 31.6% in 2008. With this ratio stable, you can see that the Russian government’s tax revenue also grew right alongside the growth in the economy as a whole, increasing to more than six times its 2000 amount in less than a decade.

The funny thing is, between 2000 and 2008, Russia’s population actually declined from 146.7 million to 141.4 million. Blaming economic stagnation on population, as is common regarding Japan today, is a waste of time.

Did you ever stop to think ( that's funny because you never do) that every industrialized nation having a progressive tax structure may be part of the problem?

 

[Moonglow]

One thing small businesses need is better finance plans when borrowing money. The banks are either saying no, or loading the fees up on loans to make as much money that is legally possible.

 

[Mr Natural]

I am SO tired of this tax cut for person or group X while person or group Y harbors more of the burden thing.. this posturing and pandering is why we got in trouble in the first place

Yes.. it sounds good, but it basically comes down to the government picking winners and losers in all aspects of the game.. and that is not the job of government

I am SO tired of this lets give tax cuts across the board and hope some trickles down as jobs

How about you earn a tax cut AFTER you have created jobs?

And why would you want to spend tens of thousands of dollars for miniscule tax breaks when the economy is uncertain? If you dont know what your business is going to be like because of the government action, why on earth would you start spending money to hire for a one year tax cut at a fraction of the price?

This is great for people who are already hiring. No doubt about that. But it's not going to spur more hiring.

The economy is always uncertain.

If it wasn't, we'd all be rich.

 

[Moonglow]

The problem with this is it's basically government subsidizing jobs. There isnt any real growth. The government gives the company money for hiring someone. Let's say for example that the tax break is $3000. Is a company going to hire someone at $40K plus benefits to get a $3000 tax credit for one year? That doesnt sound like it's the best argument for job growth. And what happens next year after the election when the administration doesnt give a flying crap about being reelected? Where does it put the business who has taken on additional burdens if the economy hasnt recovered then?

The best thing for the economy is to give people real and definite tax cuts and quit spending more money than we take in.

you forget that not everyone makes 40k a year, Wal Mart will let you make at least 14k a year, but they prefer not to hire full time.
I pay laborers 10 bucks and hour , layers 14. We do not get to work the everage 40 hours and anything over is not paid over time. we have no vacation package, no retirement. You pay your own taxes.
See, not everything is glitz and glamore in many parts of the work world. If you have a job that does give you that and 40k, you should consider youself very well off

 

[Oddball]

One thing small businesses need is better finance plans when borrowing money. The banks are either saying no, or loading the fees up on loans to make as much money that is legally possible.

Most likely because they don't know what the rules are going to be tomorrow, as we have a cabal of academic know-nothings, with zero experience in the real world, currently running the show.

You need no more evidence of this fact, than this silly tax credit being peddled as a supposed way to spur hiring.

 

[The Rabbi]

We have had 3 years of temporary targeted tax cuts, targeted tax incentives, credits and a bunch of other stuff. All of it is a gross failure. It costs the Treasury money while doing nothing for economic growth.
We need to scuttle this failed model of economic policy in favor of a tax regime that is simple, easy to understand, and relatively stable.

 

[LilOlLady]

Taxes are not hurting small businesses, walmart and consumers are. IF you want to help small businesses, buy from small businesses, I want the best deal for my money and Mom and Pop will not give me the best deals for my money. Just like Romney that have off shore accounts and investments.
ps.Going to walmart this morning. Perfectly legal.

 

[manifold]

Why doesn't everyone just pay the same percentage in taxes ... companies and individuals? Oh that's right ... gotta keep it complicated so politicians can run on issues like this.

I'd be on board with that in a heartbeat on one condition... the same rate applies to capital gains too.