Re: Some rags get sillier by the day...

On Wed, 07 Jan 2009 22:39:53 -0600, krw <krw@xxxxxxxxxxxxxxxxx> wrote:

On Wed, 07 Jan 2009 20:18:25 -0800, JosephKK <quiettechblue@xxxxxxxxx>
wrote:

On Wed, 7 Jan 2009 09:31:40 -0600, krw <krw@xxxxxxxxxxxxx> wrote:

In article <tri8m41pfu09q3t2ee5bv8s9cn570844m9@xxxxxxx>,
quiettechblue@xxxxxxxxx says...>
On Tue, 6 Jan 2009 11:44:28 -0600, krw <krw@xxxxxxxxxxxxx> wrote:

In article <gk03fv3abs@xxxxxxxxxxxxxxxxx>, mikcob@xxxxxxxxxxx
says...>
On Mon, 05 Jan 2009 19:26:36 -0600, krw wrote:

On Mon, 5 Jan 2009 10:43:02 -0500, "Irish Mike" <mjostar@xxxxxxxxxxxxx>
wrote:


"Mike" <mikejc563@xxxxxxxxx> wrote in message
news:118d065b-351e-4a6d-
acae-50f8a8a44e0a@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Jan 5, 4:36 am, suds macheath <sudsmcduff19...@xxxxxxxxx> wrote:
Mike wrote:
On Jan 4, 6:23 pm, h...@xxxxxxxxxx wrote:
On Sun, 4 Jan 2009 15:01:30 -0800 (PST), Mike <mikejc...@xxxxxxxxx>
wrote:

Actually I'm kinda partial to Mike Savage thanks...;)
whatever rightwing pundit's boots your licking, history has proven
once again that your kind destroys the economy, and the nation.

How can lowering taxes destroy the economy? I would think it would
have the opposite effect.

And please proofread.....in the first line it should be you're and
not your....thanks.

Mike

---Why didn't higher taxes on the rich destroy the economy in the
50's?- Hide quoted text -

- Show quoted text -

Well, there's the millioinaires, then there's the small biz owners who
make in the six figure range. Like the sorcerer mentioned already, they
won't take risk anymore and open up new ventures, won't borrow morey,
won't travel as much, etc.etc..

Mike

Not to mention the fact that it's small businesses that create most of
the new jobs in this country. That's why Obama's play to "tax the rich"
was so stupid. The majority of the "rich" he'd be taxing are small
business owners.

...and thoes "rich" aren't all that rich.

And the lie is double: The true "small businesses" which support the
statement concerning the "creation of jobs" are the proprietorships and
sub-s corps that do not take in more that $250K taxable income (lie
number one), and that these small business owners are the rich in any
case. Rich is actually measured in assets and the PASSIVE income from
same (Republican lie number two).

First of all, the $250K is a bald-faced lie. The number is closer
to $150K. Taxable income includes income used to buy a business.
You'd better have an income well into six-figures to buy a business
worth millions. I know it's hard for a leftist weenie, but think
about it.

Who in the hell wants to buy one? I want to create one of whole
cloth, more challenging but much more fun.

So when you're ready to retire (or die), after building this
company that makes everyone money, you think it's good to just
close the doors and put everyone out of a job and kill off a
profitable business? That's exactly that the weenies want.

Never happen, i will sell it or will it to the employees that helped
me build it in first place.

Where, whoemever you gave it to had to pay the tax, based on what the
company was worth the day before you retired (or died)?

Just because you presume that i do not start transferring the company
to the employees / coworkers before i die does not mean it cannot
happen. Moreover the aggregate wealth / resources of many employees
is very likely to be far greater than that of any one employee / heir.


Now, what would you do in that position?

I don't understand the question.

Really?
When you have built a company from scratch, and intend on it
continuing after you retire / die, what would you do?


The other lie (we'll call it lie number 3) is that incomes exceeding a
couple of million per year are "earned" simply because they are received
in the form of wages. Such "wages" are merely "economic rent" or
"producer surplus" in extremis.

Your point is (besides that one between your shoulders)?

.

Relevant Pages

  • Re: Some rags get sillier by the day...
    ... That's why Obama's play to "tax the rich" ... and that these small business owners are the rich in any ... Rich is actually measured in assets and the PASSIVE income from ... i will sell it or will it to the employees that helped ...
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  • Re: Some rags get sillier by the day...
    ... That's why Obama's play to "tax the rich" ... And the lie is double: The true "small businesses" which support the ... and that these small business owners are the rich in any ... Rich is actually measured in assets and the PASSIVE income from ...
    (sci.electronics.design)
  • Re: Some rags get sillier by the day...
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  • Re: Some rags get sillier by the day...
    ... That's why Obama's play to "tax the rich" ... And the lie is double: The true "small businesses" which support the ... and that these small business owners are the rich in any ... Rich is actually measured in assets and the PASSIVE income from ...
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