Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Just a reminder to Dubya who is speaking to SBA conference.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 01:24 PM
Original message
Just a reminder to Dubya who is speaking to SBA conference.
Edited on Wed Apr-27-05 01:28 PM by flpoljunkie
Hawking the same old "big" business "wish list," of course. There is a lot of money to be made by his corporate cronies building "nukular" plants.

http://www.neoperspectives.com/smallbusiness.htm

Kerry says he will raise taxes on those making over $200,000 a year. From CNSnews:

"I will roll back the tax cuts for those who make over $200,000 a year so that we can invest in health care and education, because that's the right thing to do for America. And everything that the Bush campaign is trying to do is designed to distort one clear fact - my plan doesn't raise taxes on the middle class. My plan cuts taxes for the 98 percent of Americans who make under $200,000 a year," Kerry said. (1)    

The top 2 tax rates are divided amongst those taxpayers making $175,000-$312,000 and over $312,000. According to the Tax Policy Center, only about 2.6% of all Americans with any small business income report income over $175,000 a year. (2) Therefore, from their table we can estimate that only around 2.3% of all small business owners would have their taxes raised. This has caused numerous pundits to denounce Bush as a spinner or a deceiver when he talks about small businesses creating jobs and the Kerry tax raise hurting small businesses. On first glance, it seems they are right. Only a small percent of small businesses would be effected by the tax raise. Let's dig deeper.  

    The Tax Policy Center also tells us that around 70% of those earning over $200,000 have some small business income. Making low end estimates from the Tax Policy Center table, those earning over $200,000 earn, on average, only 25% of their gross income from a small business. Additionally, only about 25% of those making over $200,000 derive more then 50% of their gross income from a small business (2). So, out of all taxpayers reporting any small business income, Kerry would raise taxes on a small group, around .6% of all small business owners, representing those who make over $200,000 and earn a majority of their income through a small business. At this point we might agree with the pundits and wonder, what is Bush talking about in his campaign?

    Keep in mind that small businesses might include things we don't traditionally think of as small business. According to the Tax Policy Center, small business income can include any of the following: self-employment income, income from rents, royalties, partnerships, limited liability companies and farm income (2). However, we want to know about employment. Jobs is the big focus in this campaign. Taxing a bunch of rich people renting out houses and yachts certainly won't get any sympathy votes. Let's take a look at the job market.
Printer Friendly | Permalink |  | Top
Democrat 4 Ever Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 01:34 PM
Response to Original message
1. He is saying that the energy crisis has been building for years.
That is Chimpspeak for its Clinton's fault. Geeze, Louise, that man probably blames somebody else for getting Pickles pregnant.

Rambling about nothing except stuff that is "new technology" like computers and Xerox machines, etc. And defining the difference between dinner and supper in Texas.

I hope the foreign press isn't carrying this sto-o-o-o-opid speech, it is bad enough for Americans to have to hid their heads in shame over this "moran" without advertising it to the world day after day.

Sigh...
Printer Friendly | Permalink |  | Top
 
ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 01:41 PM
Response to Reply #1
2. I always get so embarrassed when he does this shit
For exactly the reason you listed. Its bad enough that we have to listen to this moron make a complete ass of himself. But then international news picks it up, and suddenly this dry-drunk idiot is making all Americans look as stupid and incompetent as he is.
Printer Friendly | Permalink |  | Top
 
flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 01:42 PM
Response to Reply #1
3. Is this why House refused to raise CAFE standards, Dubya?
And, there is far too little money in the House passed bill for all these alternative energies Dubya is touting.

Too bad we don't have a functioning media to tell the Amerikun people that Dubya speaks with a forked tongue.
Printer Friendly | Permalink |  | Top
 
flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 01:49 PM
Response to Reply #1
4. Dubya to Senate: "Git me a bill so I can sign it!" What an embarrassment!
Don't you just depise the macho way he slaps the pages of his speech, rather than turning them like a normal person.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 30th 2024, 10:28 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC