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  #1  
Old 10-14-2011, 06:24 PM
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Originally Posted by MS Fowler View Post
Not quite...
Its the uncertainty that this Administration will increase regulation and other reporting burdens that causes businesses to not have a gung ho attitude. All this dem talk about raising taxes--no real tax increases quite yet, but the threat is enough of cause people to hold their money
So far you have insisted:

1) Lower tax rates will create jobs- wrong

2)less regulations will create jobs- wrongo

3) Now it's the uncertainity thats not creating jobs.


Why don't you pick ONE and see how it plays out


If anything created uncertainity it is the bush era tax cuts and subsequent extensions of them.

If your in business this much is certain, your taxes are going up.
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  #2  
Old 10-14-2011, 07:31 PM
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Originally Posted by Local2ED View Post
If your in business this much is certain, your taxes are going up.
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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  #3  
Old 10-14-2011, 07:39 PM
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Originally Posted by POS View Post
...This isn't rocket science, Local2ED.
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.
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  #4  
Old 10-14-2011, 07:41 PM
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Originally Posted by POS View Post
And I'm not expanding my workforce because of that (I'm one of those evil employers). Taxes are regulation.

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.
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  #5  
Old 10-15-2011, 12:03 AM
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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.



Quote:
Originally Posted by Local2ED View Post
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.
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  #6  
Old 10-15-2011, 10:23 AM
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Originally Posted by Emmerich View Post
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.

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.
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  #7  
Old 10-14-2011, 07:42 PM
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Quote:
Originally Posted by POS View Post
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.
Actually, it's harder than rocket science . . . far less variables.
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  #8  
Old 10-14-2011, 07:49 PM
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Originally Posted by POS View Post
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.
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.
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  #9  
Old 10-15-2011, 10:44 AM
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Originally Posted by POS View Post
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.
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.
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  #10  
Old 10-15-2011, 01:33 PM
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Originally Posted by POS View Post
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.
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?
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  #11  
Old 10-15-2011, 02:11 PM
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Originally Posted by 732002 View Post
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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  #12  
Old 10-15-2011, 06:50 PM
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Originally Posted by TimFreeh View Post
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?
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.
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  #13  
Old 10-16-2011, 06:52 AM
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Originally Posted by Local2ED View Post
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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  #14  
Old 10-16-2011, 02:44 PM
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Originally Posted by MS Fowler View Post
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.
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
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  #15  
Old 10-16-2011, 09:35 PM
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Originally Posted by MS Fowler View Post
Would these economists be the ones who are always surprised by what the economy actually does?...
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.
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