Quote Originally Posted by 93ludew/h22a
see i am a libertarian i lean to the left and the right at times.... more toward the right than the left..... these higher taxes that obama proposes hits the small business owners the hardest.... the majority of small business owners don't relize that they need to convert over to a llc or something of that nature.... when they get hit the unemployment rate will skyrocket just like it did when the government raised the minimum wage..... me personally dont thing a bag boy should get paid 7.25 an hour but if that is the extent of your skills and you are trying to support a family being the bag boy at publix you need a reality check... i have no sympathy toward these dipsh!ts that get prenant and live off walfare.... i am 23 with my own house and i dont have a college education.... the oppertunities are out there but people have that lazy gimmmie erything i need mentality..... i need gas to get to work so gimmie, i need health insurance so take money from the people who work hard and earn it and pay for my health insurance so i can support by 27 kids..... WTF........ it really pissed me off today i seen a mexican(he was legal) today opening his disability check from the government because he pinched a nerve in his back and my aunt who worked all the way up to she was diagnosed with MS and was put into a wheelchair and the government(especially the democrates who care so much about the middle class) tells her no you do not qualify for the benefits......WTF..... i am not a republican nutswinger b4 the attacks start.... sean hannity bothers and so does rush limwhatever..... i thourally agree with neal boortz..... bush did some good things but screwd up alot more........ the bush tax cuts are amazing..... and for the people who say well that makes the deficit larger look at atlanta how many times has the mayor raised taxes and yet the deficit continues to grow......... look at michigan governor jennifer granholm she raises taxes to offset the deficit but the deficit groes..... there are 2 instances explain why that happened ....... finger taps
Converting over to an LLC from what I understand doesn't really affect your tax rate(don't quote me as I don't really know but I'm taking a stab in the dark) the thing is that MOST small business owners dont even pay capital gains taxes which is what Obama wants to do . Sounds great but doesn't actually do anything. Kinda like what John Edwards did back when he was running his practice and was collecting all the money from all those class action lawsuits. I saw this thing last week(forget where)but Obama was talking about giving those who make $250K a year a $500 tax credit .Give me a break. If we pull out of Iraq and start saving the $10 billion dollars a month why do we need to hike taxes on those who make more than $250K? It's this type of logic from democrats and the Obama camp that makes no sense to me.