ATTEMPT 3: OBAMA ON SMALL BUSINESS

[Alan®]

Since this seemed to get glazed over.

Obama likes to talk about how a small % of these small business owners are going to be affected by what he is proposing. What he doesn't tell you is he is playing the numbers in his favor. The census bureau keeps track of all businesses operating inside of the U.S. There are something like 24 million. 19 of which are self-employed and have no payroll(no employees).THE CENSEUS BEUREAU DOES NOT TAKE THESE BUSINESSES INTO ACCOUNT.Here is how Obama gets his ridculosly low numbers

Because nonemployers account for only about 3.4 percent of business receipts, they are not included in most business statistics, for example, most reports from the Economic Census

http://www.census.gov/epcd/www/smallbus.html
YET OBAMA WANTS TO INCLUDE THEM TO MAKE HIS POINT SEEM MORE VALID.

When you look at it this way then yea only a small number will be affected by Obama's tax proposal. But when you look at it the way that the census bureau does, the picture changes dramatically. The percentage of small businesses by definition operating inside the U.S. with a payroll out of all companies with a payroll is 90%.Small businesses accounts for 90% of the businesses in the U.S.

The average small business owner TAKES HOME over Obama's threshold.

According to the survey, the national average salary for the CEO/Partner/Owner job function is $258,400;

http://www.salary.com/aboutus/layout...41&part=Par545

$258,000 Is what they make personally. Most small businesses are setup as LLC's or S-Corps which allows business owner's to claim any profits on their personal statement because it is cheaper to do it that way rather than pay the 39%+ business tax that they would have to pay otherwise. So by taxing small business owner's you are essentially taxing a businesses profit's. Therefore businesses are making less which in turns means: they can't create more jobs, they can't pay people more, they can't expand, they can't do anything at the rate that they would normally.

And this doesn't even take into account all the other things that Obama wants to change like the increase in Payroll Tax, etc.

I'll expand FMLA to cover businesses with as few as 25 employees - this will reach millions of American workers who aren't covered today.

I also find this quote from Obama quite troubling

I'll also stand up for paid leave. Today, 78 percent of workers covered by FMLA don't take leave because it isn't paid. That's just not fair.

http://www.realclearpolitics.com/art...king_wome.html

Not fair? So now businesses are supposed to be for work not being done? That's fair?

You guys can talk all you want about how we have to give more to those who make less. That's all well and good but we also have to make sure that the jobs that we have now are not going to be lost by the number of thing Obama wants to change.