Question to you Obama supporters. Since 40% of America doesn't pay taxes and he's going to have to give them a bate check not a rebate check, does he plan on mailing these out monthly or just once a year in April?
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Arthur, I get the $250K thing but have an observation / question. Many "smallish" businesses are Sub-Chapter S Corporations or L.L.C.'s. The business "income" and personal "income" quite typically are wrapped together. Thus, achieving the $250K is not that difficult. They may not be as "rich" as one would suspect. But under the B.O. plan, those folks are going to get hit with higher taxes. These small businesses are the backbone of the economy. Just where is the "neighborliness" in that scenerio?
__________________
If you always do what you always did, you will always get what you always got.
Arthur, I get the $250K thing but have an observation / question. Many "smallish" businesses are Sub-Chapter S Corporations or L.L.C.'s. The business "income" and personal "income" quite typically are wrapped together. Thus, achieving the $250K is not that difficult. They may not be as "rich" as one would suspect. But under the B.O. plan, those folks are going to get hit with higher taxes. These small businesses are the backbone of the economy. Just where is the "neighborliness" in that scenerio?
Bingo
__________________
"Banning guns is an idea whose time has come."
- Joseph Biden
Associated Press 11/18/93
"Be thankful that we're not getting all the government we are paying for." Will Rogers
Arthur, I get the $250K thing but have an observation / question. Many "smallish" businesses are Sub-Chapter S Corporations or L.L.C.'s. The business "income" and personal "income" quite typically are wrapped together. Thus, achieving the $250K is not that difficult. They may not be as "rich" as one would suspect. But under the B.O. plan, those folks are going to get hit with higher taxes. These small businesses are the backbone of the economy. Just where is the "neighborliness" in that scenerio?
No BHO has moved to the center. He's no longer going to raise taxes on anyone because it might hurt the economy.
I still want to know how is he going to get the checks in the hands of the 40% who don't pay taxes?
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
How about you go read this instead of asking me? I'm a retired machinist, not a tax expert. I can get the basic grasp of taxes but beyond that, my brain starts hurting and my eyes go blurry. [&:]
There's stuff in there about tax relief for small business on Fact #4.
First off and foremost, Obama can't pay for his massive spending plan. It aint going to happen. Secondly, his plan calls for bate checks to be mailed out in April or May. How is that going to help the economy and/or the individual? I guess they can go buy another gun but I'm not sure that's what Obama has in mind. Do you? Last, why should I beforced to shell out 5 to 20K more to the government? Why is that fair? My family has to eat to, My kids need to go to school as well, I have bills also.
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.