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Thats not what I said, but clearly tax write offs cant be ignored.
Tax write offs are used by the government to encourage specific activities the government wants the people to do. Which reminds me, didn't Obama pick 5 areas of the country and now he is going to give them tax breaks so they can create businesses? He does't want other parts of the country just areas he favors?
Tax write offs are used by the government to encourage specific activities the government wants the people to do. Which reminds me, didn't Obama pick 5 areas of the country and now he is going to give them tax breaks so they can create businesses? He does't want other parts of the country just areas he favors?
LOL. You do know the exact same thing has been suggested by quite a few Republicans.....right?
Actually...this may sound weird but, a high taxation rate on a companies profits would encourage them to be less profitable.
How do you be less profitable? Well best way is to reinvest profits into expansion.
Least i am hoping that is the thought process behind a 95% tax rate, cause otherwise its nuts.
But why expand if government is going to take the money off them anyway. (more risk, more headaches with more employees). 95% tax rate, people wouldn't even bother.
People are choosing to ride Obama and his policies out (contraction).
A pessimist like you would have stayed there thinking all of US was a dump, like Detroit. They think same way you talk.
Gawd, you know absolutely nothing. YOU won't move to Detroit. And you project your greed on me, thinking that I wouldn't come to America because of Detroit?
You know nothing. I seek FREEDOM. Not handouts. Not "ease of getting rich", nor anything else other than the chance to succeed or fail ON MY OWN. You fail at precisely the thing MOST needed in this country... belief in yourself, willingness to take risks, and a belief in your fellow man. You go around demanding the government take away every risk. Dangit... risk and failure are what teach character and perseverance. You HAVE to get broken a few times to learn how to be strong. Most people who did something great failed repeatedly first. What separates them from the rest of us... is trying again - and again.
Other than the few people who are incapable of taking care of themselves (and there's not a lot, but they certainly exist, for whatever reason) nobody NEEDS to be given a "right" to food, housing, medicine, job assistance, etc. They need to learn what it means to go hungry and to be REALLY MOTIVATED to change how they think. As some wits have said "Some people have to be knocked on their ***** repeatedly before they bother to look up".
Life should NOT be easy. You should have to BEG to be "given" things.
And, right along with that, success should not be punished. What you work for you should keep - ALL of it. What you buy, you should OWN - forever - without it being taxed.
We would not have even a tiny fraction of the problems we have now. And, we'd have a thriving economy fulfilling the promise of opportunity for all.
LOL. You do know the exact same thing has been suggested by quite a few Republicans.....right?
Well then they are wrong. They should put forth policies that help the entire nation. Can you give me an article where repubs are suggesting the same thing. I'd like to read it.
Actually...this may sound weird but, a high taxation rate on a companies profits would encourage them to be less profitable.
How do you be less profitable? Well best way is to reinvest profits into expansion.
]
You have to make profits to invest them and taxing profits leaves less to invest. Investment ... Is always AFTER TAX DOLLARS. It would help if you have even the FAINTEST clue what you're talking about.
Quote:
Least i am hoping that is the thought process behind a 95% tax rate, cause otherwise its nuts.
There you go, still believing that government should be directing everything. SMH. You never learn a damn thing.
But why expand if government is going to take the money off them anyway. (more risk, more headaches with more employees). 95% tax rate, people wouldn't even bother.
People are choosing to ride Obama and his policies out (contraction).
Yup. That's me. I'm not starting anything again that has more than me or me and the wife in it. Ever.
I'm done with being the target of every hostile, self-righteous, demanding, pushy, dishonest and arrogant government paper-pusher out there. And that's true of quite a few of the self employed I know. None of them are willing to take the risk that they're not going to get walloped hard enough to make them go broke keeping their commitments to someone. So, they do less, live on less, work less... and overall just "go Galt".
You have to make profits to invest them and taxing profits leaves less to invest. Investment ... Is always AFTER TAX DOLLARS. It would help if you have even the FAINTEST clue what you're talking about.
There you go, still believing that government should be directing everything. SMH. You never learn a damn thing.
That's right. Small business are taxes on ALL profits even if some of the money is left in the business so they can pay vendors, employees etc. It's called retained earnings. When government raises taxes that means less money.
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