I think his point was that businesses don't generally pay the cost of taxes out of their pocket, instead they pass it on to customers.
Increase the business tax, and the prices of the product will generally go up at least as much (or else quality/quantity decreases). This doesn't really get any more money out of the businesses, but it does shift additional cost onto those people that are purchasing products made by those businesses.
Chris
Precisely, a company that refuses to change its strategy is doomed.
Rookie, get someone to wipe your nose and change your diaper, then come on back.
You are obviously not old enough to remember the days of a 50% tax rate on net profits.
Talk about creative accounting.
Lew
???
At the places that will be taking over their business more efficiently and profitably. Same thing that has been going on for generations as companies are bought, sold, and closed. Some people fare better, others not so good. BTDT
Businesses are not for the government to support in a capitalistic society. If we help the big guys, why not help the medium sized businesses? Why not the small ones? Why not the incompetent ones? Oh, they ARE the one we are bailing out.
How about the eeeeeeeeeeeevil middlemen at the mortgage companies? I know of a couple of cases where the facts submitted for approval were not quite "precise" as reported. There are many people involved in this deal and I'd not be surprised if a couple end up in jail for fraud.
Well, since you have descended to insults, the stupidity appears to be on your end. Barack's brother lives in a HUT on less than $20 per year in Kenya. Has BHO ever sent his brother $20 to double his income? His treasured Aunt Zuituni lives as an illegal immigrant in a slum in Boston; she illegally sent $260 to BHO's campaign. His campaign returned it after the news leaked out (via British newspapers). He returned exactly $260, not one penny more. TO HIS AUNT, FEATURED IN HIS BOOK AS A TREASURED RELATIVE -- WHO LIVES IN A SLUM! Yet he has the hubris to proclaim, "I am my brother's keeper".
BS, his real attitude is: "YOU are MY brother's keeper"
So, please explain, given these facts how it is that I am the dumb one here.
How about some penalties for those responsible for pushing the banks to make those loans through threat of legal action: Those in Fannie Mae and Freddie Mac: Jamie Gorelic, Franklin Rains, etc. The legislators who resisted with every ounce of their being additional oversight to stop those irresponsible loan policies: Barnie Frank, Chris Dodd, Chuck-U Schumer, etc. Of course not, they're going to get put in charge of more of the nation's wealth.
Tim, much as I agree with your positions, you still helped support this marxist's ascension to power. In another post, you indicated you voted for neither Obama nor McCain. So, you did not support the one candidate with even a hope of turning back the marxist. You will protest that you could not support McCain on ideological grounds. While that may be the case and your conscience is clear, you and others who did so have helped assure your enslavement to this statist.
You mean that they will move to China?
Uh huh.
Bingo.
Ever wonder where your kids' next meal is coming from?
I live in a state where my vote made no difference (electorally speaking). I voted to show my disgust with the Republicans. The outcome was not remotely in question.
Tim Daneliuk wrote: : Robatoy wrote: :> On Nov 4, 12:19 pm, Tim Daneliuk wrote: :> :> :>> When His Holiness, Our :>> Savior And Lord, Comrade Obama .......... :>>
:> :> That's getting stale, Daneliuk. :> :>
: It is truer than ever Robbie Baby. After he presides over the raping of : the wealthy
Here's an analysis, with real numbers and facts and everything for you, on the alleged massive tax increases that Obama's plan has over that offered by McCain (hint: they're not very different):
-- Andy Barss
Check back in a few years with Comrade Obama has demonstrated his willingness to go back on all- anything he's ever said in his quest to enslave you.
Tim Daneliuk wrote: :> :>
: Check back in a few years with Comrade Obama has demonstrated his willingness to : go back on all- anything he's ever said in his quest to enslave you.
You're deranged.
-- Andy Barss
I've seen the ascent of tin-pot socialists before. He's no different other than he wears better suits.
Praise the Lord! Here's hoping he comes to enslave you first. Deranged twits like you should be the first ones put into servitude.
Deranged huh ... hmmm ... you are vulgar, snide, call for violence against people with whom you disagree, have no real ideas of your own to contribute to the debate. IOW, you're the perfect Obama supporter.
Debate? What debate would that be Tim? This is a woodworking newsgroup, so the debate should be about woodworking don't you think? Where exactly have you contributed to the debate?
Much as you want to think this newsgroup is a "debate about everything except woodworking" forum, the truth is that you're 100% wrong.
Yes, your many deep contributions here are noted.
Feeble attempt at a reversal. Do a google search and show everybody your last five woodworking related messages here Tim. You can't because they don't exist. None of your red herring comments or change of subject bull. Prove me wrong. SHOW ME five woodworking related comments you've made here in the LAST YEAR.
That should be pretty easy, a whole year to work with, right? Until you do that, it's just you as usual, posting your off topic crap.
PROVE ME WRONG.
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