Socialism illustrated
posted by Walker at 8:19 AM
Thursday, November 06, 2008
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4 Comments:
Oh, mercy, that's funny! But true. Just like I've said before, Ophrah gives away her sponsor's money, not hers. Then her sponsors write it off as tax deductions and probably jack their prices up so we pay more. And Obama's tax plan is to ask the wealthiest 2% of Americans to give back their tax break from the past eight years. I'm telling you you're not wealthy if your business makes $250,000 per year, sure, you're well off but the government already takes 33-36% of this.
Heck, Junebug, my business grosses over $250k but I take home a fraction of that money. I'm not rich. I'm not even well off!
A self-employed truck driver has at least $250K in assets and income or he can't stay in business.
And contrary to what BO thinks, even a plumbing business has $250K assets and income or it can't stay in business.
In other words, BO plans to tax EVERY business.
I imagine the tax will be on net, not gross, but I think it's a distraction, anyway. The capital gains tax will effect almost everybody, certainly almost every company, directly or indirectly, and then there will be some other alternative tax, not previously discussed, that gets the small businesses. A VAT tax, like the one Clinton floated, for instance.
There are some people in for a rude awakening; those Whorywood celebs who will soon realize he's going to redistribute their incomes and those poor fools who realize obama is NOT going to fill their tanks or pay their mortgages.
Steve D.
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