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Capital Gains for small businesses?
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Rebel
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Post: #1
Capital Gains for small businesses?
Small business don't PAY capital gains, you clown!
01-27-2010 09:38 PM
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mlb Offline
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Post: #2
RE: Capital Gains for small businesses?
(01-27-2010 09:38 PM)Rebel Wrote:  Small business don't PAY capital gains, you clown!

On property value increases they do... in theory. Of course, in today's economy, they aren't making any real value.

Overall I thought it was a good speach. Of course, I'll believe what he said when I see it. Non-partison politics? Yeah right. Cutting taxes on businesses? When was the last time that a democratic president and congress did that?
01-27-2010 10:45 PM
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smn1256 Offline
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Post: #3
RE: Capital Gains for small businesses?
I thought it was a horrible speech. And the way he led up to his ending almost put me to sleep.

One of the cute things he did was blame the GOP for obstructing things....funny, when he won and did things we didn't like we were told "We won, get over it."

Finally, a few minutes before he started his speech the camera was focused on his wife who had her back to us while she spoke to someone behind her. OMG, does she know she has ghetto butt?
01-27-2010 10:49 PM
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mlb Offline
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RE: Capital Gains for small businesses?
I heard him put a lot of blame on the democrats as well... there were points where the democrats thought he was pointing out the republicans and he stopped them saying "I am talking about both parties."

Overall I thought it was a good speach... of course, I'm not sure I've ever thought a SOTU speach was bad.
01-27-2010 10:52 PM
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Post: #5
RE: Capital Gains for small businesses?
(01-27-2010 10:45 PM)mlb Wrote:  
(01-27-2010 09:38 PM)Rebel Wrote:  Small business don't PAY capital gains, you clown!

On property value increases they do... in theory. Of course, in today's economy, they aren't making any real value.

Overall I thought it was a good speach. Of course, I'll believe what he said when I see it. Non-partison politics? Yeah right. Cutting taxes on businesses? When was the last time that a democratic president and congress did that?

Dude, many small business owners RENT. We're a small business and we rent our building.

BTW, I don't think he was talking about property values, dude. ...then again, I don't think he knew WHAT the hell he was talking about.
01-27-2010 10:58 PM
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smn1256 Offline
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Post: #6
RE: Capital Gains for small businesses?
The problem is he told so many lies on his campaign that how in the world can we believe him now? He said no one making under $250k saw a tax increase but that's because his cap and trade and health care bills flopped. He also said lots of folks were losing their health insurance so why did the health care bill begin after his 2nd election? And he also mentioned transparency - he obviously doesn't watch Fox.
01-27-2010 10:59 PM
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Motown Bronco Offline
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Post: #7
RE: Capital Gains for small businesses?
My advice for Obama in speeches...

1. Stop Blaming Bush. During the campaign trail, sure. Not 13 months into your presidency.

2. Calling out a SCOTUS decision not very presidential.

3. Not all opposition is blocking your moves 'just because they can' and they have some grudge. Some do. But not all.

4. If you mention that you've made 25 tax cuts (really?), then don't ridicule the Bush tax cuts 15 minutes later.

Oh, and I hate the leftist "equal pay for equal work" cliche.
01-27-2010 11:20 PM
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mlb Offline
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Post: #8
RE: Capital Gains for small businesses?
(01-27-2010 10:58 PM)Rebel Wrote:  Dude, many small business owners RENT. We're a small business and we rent our building.

BTW, I don't think he was talking about property values, dude. ...then again, I don't think he knew WHAT the hell he was talking about.

Fully agree... but that is about the only way they could pay capital gains. I also work for a small business who rents.

IMO, the 2 big risks to small businesses at this moment are national healthcare and the locked credit market. Healthcare scares the crap out of me, the credit market scares me as well. Healthcare is currently at a standstill (woohoo!), hopefully he can get the $30B he mentioned to help fund small businesses, as I think that is only good to help turn this country is around.
01-27-2010 11:28 PM
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Post: #9
RE: Capital Gains for small businesses?
(01-27-2010 11:28 PM)mlb Wrote:  Healthcare is currently at a standstill (woohoo!), hopefully he can get the $30B he mentioned to help fund small businesses, as I think that is only good to help turn this country is around.

Man, considering small businesses account for about 70% of the employment in this country, 30 billion is nothing but pissing down your leg and telling you it's raining.

Also, aside from the healthcare BS, one of the MAIN concerns is jacking up their income taxes to 42%. We will lose jobs over it.
01-27-2010 11:54 PM
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