Small biz tax cuts

[Truthmatters]

BBC News - President Obama announces small business 'tax cuts'

 

[Oddball]

From the link:

However, there were few details on the scale or cost of the measures proposed.

Tells us all we need to know.

 

[Truthmatters]

it was just floated dude.

Do you aprove of the idea of small biz tax cuts and suspending of the new investiment taxes?

 

[Truthmatters]

well dude?

 

[Skull Pilot]

it was just floated dude.

Do you aprove of the idea of small biz tax cuts and suspending of the new investiment taxes?

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.

 

[Truthmatters]

I think you dont understand the proposal

 

[Sinatra]

it was just floated dude.

Do you aprove of the idea of small biz tax cuts and suspending of the new investiment taxes?

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.

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...

 

[Oddball]

it was just floated dude.

Do you aprove of the idea of small biz tax cuts and suspending of the new investiment taxes?

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.

 

[uscitizen]

Market has been tanking all afternoon.

Must have something to do with Tiger Woods.

 

[Ravi]

it was just floated dude.

Do you aprove of the idea of small biz tax cuts and suspending of the new investiment taxes?

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.

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.

 

[Truthmatters]

it was just floated dude.

Do you aprove of the idea of small biz tax cuts and suspending of the new investiment taxes?

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.

HAHAHAHAHAHAHAHAH!

you just complained about it not being outlined completely and now you are already condeming it.

You are so tranparent

 

[Oddball]

I have past performance to go on.

For example, that $11.00 "tax cut" earlier this year was merely an adjustment in the withholding rates and not a rate reduction.

When Barry the Manchild says "tax cuts" there's no action to back up what TOTUS tells him to say.

 

[Truthmatters]

You have been outed for the partisan hack you are

 

[Ravi]

Don't be silly. That's been evident from his join date.

 

[Truthmatters]

These are ideas that will work and his insistance that they are not real is evidence that even he thinks they will work

 

[uscitizen]

I have past performance to go on.

For example, that $11.00 "tax cut" earlier this year was merely an adjustment in the withholding rates and not a rate reduction.

When Barry the Manchild says "tax cuts" there's no action to back up what TOTUS tells him to say.

the withholding thing was the same thing Bush I used.

 

[Truthmatters]

Note they wont come back to this thread.

 

[Skull Pilot]

These are ideas that will work and his insistance that they are not real is evidence that even he thinks they will work

What "ideas " are you speaking of exactly?

A temporary tax cut on "new investments"? which is a capital gains "cut" which will not help small businesses as most small businesses do not make substantial income from investments.

the article mentions no other ideas.

 

[Oddball]

I have past performance to go on.

For example, that $11.00 "tax cut" earlier this year was merely an adjustment in the withholding rates and not a rate reduction.

When Barry the Manchild says "tax cuts" there's no action to back up what TOTUS tells him to say.

the withholding thing was the same thing Bush I used.

Irrelevant.

 

[xsited1]

BBC News - President Obama announces small business 'tax cuts'

He's just now figuring this out? If it happens, great, but remember he's already wasted nearly $1 trillion dollars trying to stimulate the economy using methods that have historically failed.