So does Obama believe that most people are salaried people (gas prices, salaries)

[Freebird2007]

because as a business owner, I am looking at having to fire a couple of employees as I look toward a tax increase if he becomes president. its bad enough that the economy is down but more tax on top of that?

[BobKovacs]

And this has what to do with people being salaried???

[zentropa]

Does your business return more than $250,000 in profit (please do not include expenses and reinvestment)

And if so, why would you have to fire employees if you are making that much in profit? So you can keep all of it for yourself?

Take some business classes, man.

[MovingForward]

Originally Posted by Freebird2007

because as a business owner, I am looking at having to fire a couple of employees as I look toward a tax increase if he becomes president. its bad enough that the economy is down but more tax on top of that?

Really? Interesting. How many people did you have to fire before Bush, when your taxes were higher? If you have to fire two people because of higher taxes, please explain the math? How much do those two people earn annually in your business? How much more tax would you have to pay? Same amount?

[BobKovacs]

but...but....but....McCain says that Obama is going to tax me, and that I'm going to have to fire people- he didn't say why or how, and it doesn't make any sense, but it must be true if he said it.............

[Mach50]

Thought works.

[ShoppingCartLaw]

I heard on the radio that the CEOs are VOLUNTARILY going to take cuts on their salaries. I guess it is better to have a job than no job at all at this market.
When the gas prices hit the highest, many of them already took up to 50% cut in their salaries (THAT WAS DURING THIS SUMMER).

General Motors is already toying around with possible bankruptcy but they are trying to avoid it.

I swear when I see the businesses here and I see that no one is buying, I don't know how they would survive.
A lot of businesses already closed in our area.

[Freebird2007]

Originally Posted by zentropa

Does your business return more than $250,000 in profit (please do not include expenses and reinvestment)

And if so, why would you have to fire employees if you are making that much in profit? So you can keep all of it for yourself?

Take some business classes, man.

yes I do, and I have an MBA thank you

[delusianne]

Try looking at these and consider. The document's important links are accessible from the .pdf only (not from the html version).

http://www.barackobama.com/pdf/taxes...acts_FINAL.pdf

[tluv00]

Yeah but he is cutting your "capital gains taxes"

Do SB's pay traditional Capital Gains or is it known as something else and he mispoke?