airdvr 210 #1 October 14, 2008 ..is alive and well. As long as you make less than 250K. Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
kallend 2,156 #2 October 14, 2008 Quote ..is alive and well. As long as you make less than 250K. Right - that Lehman Bros. CEO who made, what, $22Million in bonuses last year has SUCH a tough life. So does the WaMu guy who made $18M for 3 weeks on the job. Maybe we should pass the hat around the homeless shelters to help them out.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
joedirt 0 #3 October 14, 2008 Do you just bitch about anyone making money outside of the government payroll or are you actually trying to make a point? Quote Share this post Link to post Share on other sites
FallingOsh 0 #4 October 14, 2008 QuoteDo you just bitch about anyone making money outside of the government payroll or are you actually trying to make a point? You're wasting your time barking up that tree. -------------------------------------------------- Stay positive and love your life. Quote Share this post Link to post Share on other sites
kelpdiver 2 #5 October 14, 2008 QuoteDo you just bitch about anyone making money outside of the government payroll or are you actually trying to make a point? I think you missed the point, then. And it's silly to take Obama's proposal at face value. If he's President, he doesn't get what he wants, he has to get Congress to pass it. And it's obvious to anyone with a pulse that his tax plan, as well as McCain's, are fantasies for dumb voters, nothing more. Fuck, McCain claims he'll balance the budget in 4 years. It seems likely that the lower tax brackets from 2001/2002 will last, but that's probably about it, given the trillion $$ in bailout money the government just agreed to do. Quote Share this post Link to post Share on other sites
airdvr 210 #6 October 14, 2008 Quote Quote ..is alive and well. As long as you make less than 250K. Right - that Lehman Bros. CEO who made, what, $22Million in bonuses last year has SUCH a tough life. So does the WaMu guy who made $18M for 3 weeks on the job. Maybe we should pass the hat around the homeless shelters to help them out. True. It sucks. But that was the deal they had. Stupid BOD and stockholders that agreed to it. I'm talking about the public. If you or I make over 250K we're no longer part of the equation. We become the government's mule.Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
alw 0 #7 October 14, 2008 I'm with you on this, It defies reason. I wrote a piece on the "Lonely Conservative" blog yesterday that expressed my thoughts on this. Essentially Obama's program is just going to let the wealthy collect the tax for the government and I don't trust the politicians to punish them when they have their hands out. http://www.lonelyconservative.com/2008/10/13/obamathematics/ Then the blog owner put up the "plumber" video. Which is insightful about who really pays and how Barry really feels. I'm not at odds with punishing crooks but I can't seem to reconcile that there seems to be a large number of people that feel it's ok if the burden of the country falls to the plumbers and dry cleaning owner's and successful farmers and the like. Cause you can't honestly believe that the massively weatlthy are really going to pay significantly more. If you do, then mama Gump was right. --------------------------------------------- Every day is a bonus - every night is an adventure. Quote Share this post Link to post Share on other sites
434 2 #8 October 14, 2008 This is the American dream! When he can be president, everyone can one day make it! Look for your self here! http://www.youtube.com/watch?v=BqLvBUSJucg&eurl=http://www.facebook.com/home.php? Quote Share this post Link to post Share on other sites
kallend 2,156 #9 October 14, 2008 QuoteDo you just bitch about anyone making money outside of the government payroll or are you actually trying to make a point? Do you want to borrow a handkerchief?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
AWL71 0 #10 October 14, 2008 QuoteQuoteDo you just bitch about anyone making money outside of the government payroll or are you actually trying to make a point? Do you want to borrow a handkerchief? Do you want to make a point? The title of this thread is not "Overpaid CEOs."The most terrifying words in the English language are: I'm from the government and I'm here to help. Quote Share this post Link to post Share on other sites
FallingOsh 0 #11 October 14, 2008 Quote Then the blog owner put up the "plumber" video. Which is insightful about who really pays and how Barry really feels. I thought that video was really interesting. Obama's tax plan gets shot at quite a bit because he's wanting the "rich" to pay more and the "middle class" to pay less. Then you have this plumber, who pretty much defines blue collar middle class, questioning why his success should be punished. It's interesting because even those who stand to initially benefit are questioning what motivation they would have to grow a business past $250k in revenue. Anytime the 'tax the rich' plan is brought up, someone argues that the corrupt CEOs are making hundreds of millions. 'Tax the corrupt CEOs and give it back to the people.' It's not just the CEOs, its guys like this plumber. Guys trying to push their small business past $250k only to be punished. -------------------------------------------------- Stay positive and love your life. Quote Share this post Link to post Share on other sites
Thanatos340 1 #12 October 14, 2008 Defining a Small Business as a company that less than 250K in revenue is a Joke and Bad one at that. When I think small Business, I think Mom & Pop Restaurant or The Family Owned Hardware Store, the local Smoothie stand, The guy that starts his own Landscaping business, The Handyman that starts his Home renovation business or Roofing Company or such. These small companies provide Jobs for million of people in this country. These are the people that are Living the American Dream and proving Jobs for the people that didnt get an education or are unskilled. These are companies that are the backbone of this country. Almost ALL of them have more than $250K in revenue, If not they cannot survive. These are the people that Obama wants to raise taxes on. What will happen when their Taxes go up?? Who will be hurt the most?? The people that they employ. The Dishwashers, The waitstaff, The Roofers, the apprentices, the landscapers that they employ or should I say used to employ as they will either be forced out of business or have to cut jobs to survive. And what Obama want to do with healthcare will force them to cut jobs as well. If Obama gets elected, Say goodbye to Small Business as we know it in America. Quote Share this post Link to post Share on other sites
kallend 2,156 #13 October 14, 2008 QuoteQuote Then the blog owner put up the "plumber" video. Which is insightful about who really pays and how Barry really feels. I thought that video was really interesting. Obama's tax plan gets shot at quite a bit because he's wanting the "rich" to pay more and the "middle class" to pay less. Then you have this plumber, who pretty much defines blue collar middle class, questioning why his success should be punished. It's interesting because even those who stand to initially benefit are questioning what motivation they would have to grow a business past $250k in revenue. Anytime the 'tax the rich' plan is brought up, someone argues that the corrupt CEOs are making hundreds of millions. 'Tax the corrupt CEOs and give it back to the people.' It's not just the CEOs, its guys like this plumber. Guys trying to push their small business past $250k only to be punished. How are they being punished? Taxes are the dues we pay to be a member of a successful and supportive society, not a punishment.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Amazon 7 #14 October 14, 2008 Hmmmm I would think many business have revenues that FAR exceed that amount.. but by the time the deductions are applied.. the net income is far less. The small business owners who claim they cant afford to pay health insurance should be able to write that off as an expense of doing business to aquire the people they need to do business. I do have a problem in what is deemed a business expense though. The AIG execs who took the nice spa trip... will write it off as a business expense. That kind of crap ALWAYS pisses me off. Quote Share this post Link to post Share on other sites
georgerussia 0 #15 October 14, 2008 Quote Almost ALL of them have more than $250K in revenue, If not they cannot survive. Are you talking about the revenue (with expenses to be applied), or about taxable income? I really doubt a lot of them make that amount of taxable income.* Don't pray for me if you wanna help - just send me a check. * Quote Share this post Link to post Share on other sites
FallingOsh 0 #16 October 14, 2008 Quote How are they being punished? The more successful you are, the higher tax bracket you're in. QuoteTaxes are the dues we pay to be a member of a successful and supportive society, not a punishment. Uh, no. We implies everyone. Not everyone pays the same percentage. The lower 50% only pays 3% of the total tax. Millions don't pay anything at all. Your "dues" are only paid by those who are successful enough to be in the higher tax brackets. Aren't you arguing in another thread about equality? How is pushing all of the "dues" on the successful fair? -------------------------------------------------- Stay positive and love your life. Quote Share this post Link to post Share on other sites
BDashe 0 #17 October 14, 2008 Quote Right - that Lehman Bros. CEO who made, what, $22Million in bonuses last year has SUCH a tough life. So does the WaMu guy who made $18M for 3 weeks on the job. Maybe we should pass the hat around the homeless shelters to help them out. Were they born into the CEO position? They took risks and busted their asses for years to make it to that level. The media neglects to mention how they are all getting the living p*ss sued out of them as the bureaucrats of the country have made them personally responsible for absolutely everything, even when out of their control. You'll see a few of these poor guys go to jail too. There are very few execs that are bad people, most of them want to expand and create jobs and service a demand. That's my motivation to make it to the top. The media just focuses on the numbers that they are paid which in reality are incentive to bring the good ones in and give them a carrot to make the company do well. You gonna pay dan marino or elway 50K a year? No, they got the big bucks because they were great. None of those guys wake up and go, "welp, I'm gonna go f*ck up a company, ruin my reputation, and help destroy the economy today to get my severence" They would have made significantly more, which they would have deserved, if they had done their job well. A few bad eggs (Enron and the famous ones) and jealousy ruin it for everybody.So there I was... Making friends and playing nice since 1983 Quote Share this post Link to post Share on other sites
Butters 0 #18 October 14, 2008 Quote The AIG execs who took the nice spa trip... will write it off as a business expense. That kind of crap ALWAYS pisses me off. I'm agreeing with you to much lately, the end must be near. "That looks dangerous." Leopold Stotch Quote Share this post Link to post Share on other sites
Thanatos340 1 #19 October 14, 2008 QuoteThe AIG execs who took the nice spa trip... will write it off as a business expense. That kind of crap ALWAYS pisses me off. AIG is far from a Small Business by anyone’s definition. I am part owner of a small business. We take all employees on an outing if we have a good year. One year it was to Phoenix for a golf trip another it was to Orlando and if we ever have another good year a Trip to Vegas has been promised. These trips pay for themselves in many ways. The cost for these trips comes straight out of Company Profits. There is not special Tax break for them. QuoteThe small business owners who claim they cant afford to pay health insurance should be able to write that off as an expense of doing business to acquire the people they need to do business. I hate a company choosing what they think is the best insurance coverage for me. I would much rather they give me the money and let me choose my own policy. Even better if I can shop across state lines and not get stuck with what is simply available in my state. Insurance companies having to get competitive to earn your business?? What a great idea. Quote Share this post Link to post Share on other sites
airdvr 210 #20 October 15, 2008 I always love it when folks start tossing around "write-off". SOunds like it doesn't cost anything. In reality, the only thing written off is your tax liability on the money you spent. It most certainly wasn't a freebie. And yes, the 250K level for business is taxable income, not revenues. Yah Mule!Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
