We need to gear this nation towards small business

[d from birmingham]

Originally Posted by marcopolo

Add the new Obama budget to the conversation: tax breaks for big companies, take away S corp benefits from small business. And more giveaways to Democrats--whoops, I mean 'those less fortunate.'

Guess what big businesses were using those s-corp to call themselves small businesses so they wouldn't have to pay more taxes. Companies who make billions of dollars in revenue and have hundreds to thousands to even tens of thousands of employees. That are among some of the largest companies in the world.

Obama Among `Small Businesses' Bearing Share of Tax Hike - Bloomberg

"More than 21 million of the country’s 27 million businesses have no workers, according to the U.S. Census Bureau"

Report: Big business turns small for tax reasons - politics | NBC News

"A number of companies with multi-billion dollar revenues have been registered as small businesses for tax purposes"

Koch Industries, a conglomerate of partnerships with 70,000 employees.

Dead River Co., with $500 million in revenue and 1,200 employees.

[d from birmingham]

Originally Posted by thecoalman

Absolutely not the case in hard coal mining. Those guys were making small fortunes.

Then why were they not able to start their own large scale industrial mine if they had a small fortune?

Sorry you are believing myths.

[d from birmingham]

Originally Posted by Roadking2003

Now that's a funny post. You think a label prevents people from getting sick?

Government regulation doesn't prevent fires and floods, it adds overhead and much of it is useless overhead.

But that's OK. You obviously need the Nanny State to help you live your life and make choices for you.

Wrong. Ever hear of hydralic mining? It's when you blast hillsides with water. Used to be done in the gold rush days. Thing it caused flooding. So the gov't said you couldn't do it unless you took certain measures to prevent the flooding otherwise you would get arrested and put in jail.

Yes gov't regulations prevent fires from breaking out because a lot of dumbasses would do certain things in their business that would cause fires to break out unless the gov't told them not to do those things. There is abundant historical record hence why the regulations exist because the regulations are in reaction to things that occurred.

[petch751]

Originally Posted by d from birmingham

Guess what big businesses were using those s-corp to call themselves small businesses so they wouldn't have to pay more taxes. Companies who make billions of dollars in revenue and have hundreds to thousands to even tens of thousands of employees. That are among some of the largest companies in the world.

Obama Among `Small Businesses' Bearing Share of Tax Hike - Bloomberg

"More than 21 million of the country’s 27 million businesses have no workers, according to the U.S. Census Bureau"

Report: Big business turns small for tax reasons - politics | NBC News

"A number of companies with multi-billion dollar revenues have been registered as small businesses for tax purposes"

Koch Industries, a conglomerate of partnerships with 70,000 employees.

Dead River Co., with $500 million in revenue and 1,200 employees.

So they are setting up s-corps to pay 39% after $400k on their personal returns? That doesn't make a bit of sense. Amazing that you attack employers like you do and then wonder where the jobs are.

Just go after them more and they'll keep sending those jobs out of the country. You lose.