How"s that Tea Party thing workin' out for ya?

[techno900]

Feuser said:

[jp5]

I agree with pueno's assessment of Cain and I also like Colin Powell. One question I have about Cain though is would he be his own man or just a puppet of O'Connell and Boehner?

[DanWeiss]

There is a big difference between saving what's left of a business (thereby preserving some jobs) and claiming to be a job creator thereby or moving/creating jobs offshore.

I don't besmirch Cain or Romney for making a buck or two but what I and others find disingenuous and a bit hypocritical is when Romney uses his Bain Capital days as an example of creating jobs. Nothing could be farther from the truth in the meaning that question is asked.

Furthermore, I don't hire and fire based on the marginal tax rate. That's so very short sighted and, frankly, a misdirection. I hire based on profit and growth opportunity. That's it.

A small law firm hired me several years ago because the principal attorney was struggling to do all the work. About 6 months in my job I found myself with far too much new work that continued to flow in due to my marketing and relationships. I humbly approached my boss, told him of my predicament and he responded, "Great! That's not a problem at all. That means we can hire another lawyer and make even more money."

Yes, the amount of taxes we paid went up, but so did the money netted. My personal income tax bracket went up because my personal income increased. And someone calls this a bad situation?? About 10 million people see it the other way.

From an employer's perspective, a few significant financial burdens occur when hiring a full time employee. Health care contribution. Employment tax contribution. Administrative costs associated with every employee regardless of production value, such as HR, training and oversight. The only cost mandated by the Federal government is the payroll tax and any tax based on the employees contribution to a greater bottom line.

But each paycheck to the employee is deductible as a paid wage by the employer and this and other deductions dilute the extra cost of the payroll tax (itself deductible a the state level).

So, all in all, I find quite specious the claim that a marginally higher income tax for companies is the road block to hiring. BS.

[pueno]

[jp5]

Turn that "999" tax plan upside down and what have you got??

Ohhhh nooooooo

[techno900]

While no one yet knows the full implications of the 999 plan, it is at least a fresh look at solving what is currently a nightmare. While no new plan will be an easy sell and many will find fault with any change, I think it's a step in the right direction. Anything that could possibly reform the existing plans should at least be explored.

If it isn't Cain, hopefully someone else will continue to work for a tax plan that is fair, eliminates loop holes, is easily understood, easy to manage and provides ample funds for the government to operate.

[isobars]

[mat-ty]

obama has never released his school records, and the schools have all seem to misplaced them . He was in the senate for less than two years , and had one of the worst attendance records ever.
He was not vetted , and is one of the least qualified presidents in history. After watching him for three years , it is quite apparent , he is a terrible leader. He is incapable of rising above the daily battles, and showing leadership and the voice of reason. Only hate for the opposition, and driving wedges between the American people.

[pueno]

[pueno]