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Old 03-10-2020, 08:48 PM
 
Location: Florida
76,971 posts, read 47,640,534 times
Reputation: 14806

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Quote:
Originally Posted by DaneThornberg View Post
Apparently not, lol. But if you look at your previous post, do you know how to form a coherent sentence?
From time to time.

Quote:
thank you for clarifying. I thought it meant Federal Income Tax Withholding. So instead of $$$$$, I'll only get $$$ for the rest of the year. I'll take it!
Who will pay the retirees? Borrow it from the Chinese? The Russians?
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Old 03-10-2020, 08:51 PM
 
Location: AZ
3,321 posts, read 1,100,613 times
Reputation: 1608
Quote:
Originally Posted by TexasLawyer2000 View Post
I don't agree with this. I've been thinking about this for some time. Payroll tax cuts would make it easier for me to start a business should I lose my job. The early years are difficult and without having to pay payroll taxes, I can ride into next year on a business idea much more easily.
Uhhhhh....

The average American doesn’t have the resources, knowledge, or drive to start their own business, not to mention the significant savings needed pending said business becoming profitable (and that’s a huge gamble). Furthermore, what’s to say the economy will even support that amount of new startups?

But hats off to you.
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Old 03-10-2020, 08:52 PM
 
Location: Lost in Montana *recalculating*...
19,769 posts, read 22,673,762 times
Reputation: 24920
So tired of Trumpists. They are quite literally idiots. Sheer idiots.
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Old 03-10-2020, 08:53 PM
 
37,315 posts, read 59,878,910 times
Reputation: 25341
To the OP
Massive means massive...
Choose your adjectives wisely...or look foolish...
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Old 03-10-2020, 08:54 PM
 
Location: Lost in Montana *recalculating*...
19,769 posts, read 22,673,762 times
Reputation: 24920
Quote:
Originally Posted by subaru5555 View Post
Uhhhhh....

The average American doesn’t have the resources, knowledge, or drive to start their own business, not to mention the significant savings needed pending said business becoming profitable (and that’s a huge gamble). Furthermore, what’s to say the economy will even support that amount of new startups?

But hats off to you.
Over 50% of Montana businesses are self starters.

Sorry if your area is different but we have a very entrepreneurial state.
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Old 03-10-2020, 08:56 PM
 
Location: minnesota
15,862 posts, read 6,325,302 times
Reputation: 5059
Quote:
Originally Posted by Finn_Jarber View Post
From time to time.

Who will pay the retirees? Borrow it from the Chinese? The Russians?
Mexico
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Old 03-10-2020, 08:56 PM
 
Location: Starting a walkabout
2,691 posts, read 1,667,531 times
Reputation: 3135
This is just partisan politics

In 2012 Obama cut payroll taxes by 2% for a year to help add $40 to middle class wages. It was really not needed.

Now Trump is cutting 6.2% in payroll taxes. Not sure about the employer portion and Medicare portion. It is not really needed.

Both partisan sides can justify their President;s action as truly being necessary and the opposing president's action as gutting SS and Medicare. It is just drama as usual.
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Old 03-10-2020, 08:57 PM
 
Location: AZ
3,321 posts, read 1,100,613 times
Reputation: 1608
Quote:
Originally Posted by Threerun View Post
Over 50% of Montana businesses are self starters.

Sorry if you’re area is different but we have a very entrepreneurial state.
What’s the failure rate? What’s the average startup cost? Time to profitability?

I simply don’t think it’s realistic is all (for the average recently unemployed American).
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Old 03-10-2020, 08:58 PM
 
Location: minnesota
15,862 posts, read 6,325,302 times
Reputation: 5059
Quote:
Originally Posted by Threerun View Post
Over 50% of Montana businesses are self starters.

Sorry if your area is different but we have a very entrepreneurial state.
MLMs don't count Karen.

Just kidding.....a little mood lightener
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Old 03-10-2020, 09:07 PM
 
8,299 posts, read 3,812,442 times
Reputation: 5919
Quote:
Originally Posted by subaru5555 View Post
What’s the failure rate? What’s the average startup cost? Time to profitability?

I simply don’t think it’s realistic is all (for the average recently unemployed American).
All businesses fail. Businesses are temporary... just like jobs.


But you bring up a solid point. It's tough to start a business. Especially in terms of managing the finances at the beginning. That's where 0% payroll taxes will be a big help!
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