Taxes are regulation. Lower my taxes, you'll see me put more left-over money into my business - advertising, inventory, building expansion, whatever. Which gives more people more jobs (not just my people, but the companies I do business with too). This isn't rocket science, Local2ED.

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- Brian


1989 500SEL Euro
1966 250SE Cabriolet
1958 BMW Isetta 600

Actually, it is, sort of. Figuring out the optimum tax rates, deductions, exemptions, subsidies, etc., involves incredibly complicated issues. As much as we wish it were simple, it's just not the sort of thing that solved with 9-9-9 plans.

You will expand it if demand is there.

How much you want to chase a dollar is up to you.

I have NEVER backed away from an investment because of a tax liability.

If I can make money I will not shy away because I have to pay a tax on it.

If I gross a $100 profit and net $1.oo on it ,It is a dollar more than I had.

It's all how much do you want it.

Back to rocket science: if you didn't know WHAT the tax liability would be, you are making dumb mistakes. Read what people say. UNCERTAINTY is the killer, and the incompetence of this administration is breeding uncertainty. That and the fact they are trying to destroy capitalism at every turn.

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MB-less

So from what I gather from the business climate is this:

1) We can't turn a profit unless we pay ZERO taxes.

2)We really,really want to be in business but only if SOMEONE ELSE assumes OUR RISK.

Actually, it's harder than rocket science . . . far less variables.

I KNEW IT.

I finally got a "job creator " to admit it.

The whole premise off lowering taxes hinges on a PROMISE to NOT POCKET the profits but to somehow create a demand for your product, which by the way wasn't there before your taxes were lowered, which will in turn cause you to hire people.

That is one magic loogee.

Technically they could also go into your pocket or into foreign investment, but as someone who I'm guessing is a small business owner, you're probably correct. That said, the problem with a lot of tax breaks is that they don't go to small businesses, they go to large businesses who use them in ways that aren't as good for the US economy.

Correct, it is more complicated.

If cutting taxes is the cure all and Bush cut taxes why did economy blow up during the end of his presidency?

The economy blew up because of the bubble in real estate prices, people were using the 'equity' in their homes to live beyond their means. This practice tended to keep up the economy until the bubble burst.

Now I have a related question for you... if the answer to our economic problems is to borrow more money for the government to spend to 'prime the pump' and 'get people back to work' why in this era of record governmental spending is the economy still in the toilet?

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98 Dodge-Cummins pickup (137K)
13 GLK250 (157k)
06 E320CDI (341K)
16 C300 (89K)
82 300GD Gelaendewagen (54K)

It is widely accepted, except by the average Faux noise viewer, that the stimulus saved jobs and prevented the country from falling into a depression. Quite a few reports out that the recession was much worse than originally believed. My complaint, shared by many economists is the stimulus was NOT LARGE ENOUGH. But then hindsight is always 20/20.

Would these economists be the ones who are always surprised by what the economy actually does?
There are economists, and economists. Hopefully the ones who believe in "priming the pump" as a way to stimulate the economy are being exposed as wishful thinkers.

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

And once again straight from the faux noise list of things to tell fowler:
Fox News Still Pushing Myth That Stimulus Failed | Media Matters for America

I think there are plenty of economists who aren't at all surprised by what is happening. Krugman, for example: http://www.nytimes.com/2011/06/03/opinion/03krugman.html?_r=1

The problem is with the policy makers who keep repeating the same mistakes.

I really love this whole 'unknown' aspect causing a fear of doing business. If you are too stupid to function in an ever changing landscape then you don't need to be in business.

Understanding the system is the key and it always has been. Sitting around and waiting for the right people in Washington to change the laws so you no longer have to think is just being lazy.

A joke from the 1940's:

Three businessmen are having lunch at a high class place. The bill comes. It is $30.

The first businessman offers to pick up the check saying, "I am in the 53% tax bracket, so the government is picking up 53% of the cost of this lunch."

The second man says, "I am in the 90% tax bracket, so let me get it and the Feds will pick up 90% of the cost of this business lunch."

The third man says, "No, let me get it. I sell to the Government with a Cost-Plus Contract, so at my contract profit of 10% I will make $3 on the deal!"

The point is: You have to understand the lay of the land and know that it changes daily. If you can't live with that then you are in the wrong business no matter what business you are in.