six_of_one
Pool Bar
Registered: 04/19/02
Posts: 3885
Loc: Alexandria, VA
It never ceases to amaze me that some Republicans, of all people, fail to recognize that as long as there is a viable market, there *will* be businesses to satisfy the needs of that market; that taking money out of the hands of consumers (the market) is more likely to impact an economy than marginally increasing taxes on the business side of things. So yeah, Mr. Boehner, it does matter from where you get the revenues.
And that's just the dollars and cents view, never mind if you have any humanity in you at all =P
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Also, here's what bugs me about this whole "small businesses" being forced to lay people off or close entirely if we raise taxes:
Let's say you have a business that is taxed on $300,000 per year.
If taxes are raised on everything over $250,000, that means $50,000 of the $300,000 qualifies for the higher rate.
Let's say you're currently taxed 15% ... on that $50,000 -- that's $7,500.
Assume the rate goes up 5% to 20% only on that $50,000 -- that's now an even $10,000, a difference of $2,500.
Here's my issue: If paying an additional $2,500 on a $300,000 business is going to cause you to fire people or close down entirely, the problem there isn't the higher tax.
And remember, that's $300,000 *taxable* income, which means you've grossed even more and this is what's left after deducting business expenses and whatnot. If you're on the edge, laying off people and crippling the economy by clearing (after taxes) $252,500 instead of $255,000 ... again, the problem isn't with the higher tax rate.
Of course, this is a fairly simplistic example. But then, most of the arguments coming from the Republicans these days (and, to be fair, the Dems as well) are equally simplistic if not more so. So I think the simplisticness(?) (simplisticity?) is appropriate ;-)
steveg
Making a new reply.
Registered: 04/19/02
Posts: 25066
Loc: D'OHio
That and the fallacy of the Affordable Healthcare law killing the bottom line. Helloooo. More low wage employees now with access to healthcare means a healthier workforce, which means more productivity — across the company and from each individual worker.
It's stupidity born of denial which stems from stupidity.
six_of_one
Pool Bar
Registered: 04/19/02
Posts: 3885
Loc: Alexandria, VA
Quote:
That and the fallacy of the Affordable Healthcare law killing the bottom line.
I never grokked why Business (and therefore Republicans) was against socialized medicine -- what business owner wouldn't love to not have to worry about their employees' health care/insurance? What a huge red number that would remove from their books.
Plus, that would mean insurance would follow the insured and not be based on employment -- a win-win for everyone ...
six_of_one
Pool Bar
Registered: 04/19/02
Posts: 3885
Loc: Alexandria, VA
Originally Posted By: steveg
And... I think Boneher is scared sh!tless of losing his speakership to Cantor or another far white winger. Boner? I think flaccid is more accurate.
Sometimes I actually feel a tad sorry for JB -- I actually do think at heart he's a pragmatist willing to cut deals. But in order to keep his job he has to play against all that and tow the Tea Party line, which I can't help but think bothers him more than just a little ...
But, in the end it IS his choice, and what little sympathy I have fades ...
steveg
Making a new reply.
Registered: 04/19/02
Posts: 25066
Loc: D'OHio
I think it's undeniable that anything remotely linked to Obama's legislative agenda — even policies and concepts that originated in the Repugnican universe — are to be viewed as bad juju. Priorities, eh?
Mike
ZigMeister
Registered: 09/01/01
Posts: 2300
Loc: SW Illinois
Originally Posted By: steveg
I think it's undeniable that anything remotely linked to Obama's legislative agenda — even policies and concepts that originated in the Repugnican universe — are to be viewed as bad juju. Priorities, eh?
Yup. In spite of the election results, Boehner, & Co. will continue this course. (I hope McConnell gets kicked out in 2014.)
MacBozo
Nut Dood
Registered: 04/20/02
Posts: 16605
Loc: Pinellas Park, Florida
We cannot afford 2 more years of Congressional obstruction/dysfunction. Boehner has absolutely no leadership abilities. If he had, he would have told the TPers to sit down and STFU!
What can be said about JB that hasn't already been said. WTF is his "plan" for the fiscal crisis? As someone on the Sunday politco shows said if he'd put out a counter plan they could negotiate. But when he just sits there and says "Nope, BO's isn't it! ... not the one"... there's no definitive criteria to agree or disagree on. It's like you have 2 goal posts BOs' on left , GOP on the right..... BO says I'm on my 20... JB says.... nope not close enough !! OK.... then WTF are YOU !!?? (probably behind their goal post or up behind the bleachers!! )
WTHell won the election and the issue? sure as H wasn't JB or MMcC !!!