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Death18s (November 30, 1999 at 12:00 am)
no no no it is not after pay it is your raw income before taxes, before pay day and before buying equipment
JPM0TU (November 30, 1999 at 12:00 am)
AND, AND, AND. Our taxes will go up further because you, Mr. NObama, will let the Bush tax cuts expire in 2010.
Guess what folks, our taxes are going up!!!
tippership (November 30, 1999 at 12:00 am)
XYZ Plumbing Income $ 51,000
Employee #1 $ 50,000
Employee #2 $ 50,000
Joe the Plumber $249,000
Since no one, or company is making over $250,000 No one gets a tax increase.
Simple Business economics 101
tippership (November 30, 1999 at 12:00 am)
tax would be for Net income over $250,000, So lets see. Joe buys the business. Say it earns $450,000 Gross. Then Joe takes the Salary of his employees out, say he has 2 at $50,000, that drops the income to $350,000, then you take out expenses. Say another $50,000 Gas, Advertising, equipment, etc..., Next, Joe pays himself $249,000. Leaving a Company profit of $51,000. Now if Joe has half a brain, he incorporates. separating the corporate income from his own...So lets see
tippership (November 30, 1999 at 12:00 am)
this is wrong ,because it will only be buisunesses that make WAY OVER that amount that will actually pay under him..... and the proof is in my comments on this vid
btw, im a student taking economics classes, i kno what im talking about..
anyway, look at my comments...
dave576m (November 30, 1999 at 12:00 am)
He said it was "what was attempted and failed under GW. Bush"...duh...the democrats stoped him. The economist at the CATO institue point out that his would have saved social security if it had passed. His plan involves dramatically increasing taxes on people making 250000, which will end up causing unemployement to shoot up to jimmy carter levels. Which will also cause less people paying into social security, which will cause social security in the long run to be worse off.
01Rae2U (November 30, 1999 at 12:00 am)
obama is an idiot. He plans on taxing the long term tax payers who hire long term tax payers. privatizing our benefits would be a better investment, HE IS LYING TO YOU!!!!!!
the dow goes up and down, our benefits are LONG term. He thinks you are stupid.
are you?
NO Obama
VOTE McCain/Palin 08'
Because we cant afford obama
TonyaTko (November 30, 1999 at 12:00 am)
Nice Video!
I did one too about this whole debacle. I will send it to you. Tell me what you think.
-TonyaTko
hgarbow (November 30, 1999 at 12:00 am)
This jerk has no idea of the tax code or anything else financial. He has never put together a budget. If you raise tax on business you raise tax on everyone. Business passes on that tax to you in the form of a price. so everyone gets taxed. And this fool is trying to scare the social security group. Does he think we are stupid.... This man hasn't done anything substantial, he is a part of the chicago dirty political machine.
guitarfreakstyle2 (November 30, 1999 at 12:00 am)
$250,000 is not a lot of money these days whats Obama thinking? I live in Southern California and theres no way you can afford a mortgage, the cost of raising a family, groceries, utilities, and other necessities with an annual income of what Obama considers Middle class. Obama will annihilate the middle class with his tax plan and get Americans dependent on government assistance programs if anything. Plus more jobs being outsourced. |
