100 new taxes

hmmm I actually said the whole post was good and didn't agree on one thing, to which you claim I singled something out. You should try reading again. Or perhaps you need a better grasp of the English language.

as long as the employed 90% remaining keep on buying porn, all is good

My sig is for sale,

Thanks!

Says the guy that won't invest in his 'business' because of capital gain taxes. :1orglaugh

Says the Guy who thinks the way to get around high taxes is investing in your business :1orglaugh

Why do you think that investing or ones willingness to risk capital has no correlation to capital gains taxes?

unemployment is bad around nola right now,... know quite a few ppl looking for wrk

Peter Schiff, while an economist (degree from UC Berkley), does not have a flawless record. I think some of the things he says make sense and have been shown to be correct, but some of his forecasts have been either wrong or poorly timed. See his Bio here.

Ron Paul is not an economist.

The Demon is a troll who literally believes in Noah and the Flood. He'll be here shortly to explain what the words I'm using actually mean and then call me stupid, etc.

It's his main specialty outside of mythological credulity.

Ignore this guy.

Where did I say that? The Poser is claiming he doesnt want to put money into his own company because of capital gains. Capital gains tax would only come into play if he were to sell the company but he somehow thinks companies have to pay capital gains on profit. He's just repeating some right wing talking point he knows nothing about.

Ah.. thats what i get for skimming i guess. Carry on.. :)

Anybody want to respond to this simpleton? Or is it way too easy?

Ah yes, when you're getting your ass handed to you, please refer to the desperation of "you're just repeating fox news rawrrrr!!":1orglaugh

See if you can do it without proving me correct (again). :1orglaugh

Plenty of jobs out there. People just don't want them.

There's no need, I already made you my bitch once and watched you squirm out of the thread. It's refreshing to know that you worship me now so much that you have to follow me around.:1orglaugh

The tax initiative that has made a big difference to small business is the rapid depreciation of capital assets. Over the last 8 years we have spent many millions of dollars on new machine tools(and jobs). Rather than having to write those investments off over 10 years we have been allowed to do that in 3-4 years.

Taking that depreciation faster allows profits to be used for investments rather than paying a big tax at the end of the year. It's been a fantastic money management tool and if it disappears I predict things will get a lot worse in the economy.

Without more tools and equipment there can't be more jobs created.

There's plenty of calories to be found in dumpsters and spilled on sidewalks out there too. Lots of hungry people don't want them either.

When economists speak of new "jobs" in a positive sense, they're usually referring to gainful employment.

You know, where like someone gets a paycheck that he can actually use to pay his bills with :2 cents:

That's what I thought.

So, Ron Paul is an economist? Noah and the Flood was a literal event?

Capital Gains tax increases stopped you from investing in 'your business'?

You're not a college kid who only has paltry sums to invest in metals?

You're not a right wing nut who runs around sucking Schiff's dick at every turn?

:321GFY

Sure. He's on the Joint Economics committee.
Yup

Never said that.

Nope, but I pay my taxes so you can live:)

And the moron gets owned again.:1orglaugh