Whoda thunk it? A millionaire and a billionaire running for office

[zbdent]

and they are running on a campaign which would raise taxes

ON THEMSELVES!!!

Well, what did Bush and company propose to do at this point in the 2000 campaign? The wanted to cut the taxes to themselves! And the tax cut benefitted not only Kerry and Edwards, but Bill Clinton too!

Maybe we should be pointing out that, yes, Teresa Heinz Kerry has a huge fortune. But that fortune would be wiped out by one week or so of what George W. Bush keeps spending on Iraq.

[dirtdart]

1. Of course...

that kinda makes that whole "common man" thing complete and total bs doesn't it? Kerry and Edwards wouldn't know common if it bit them on the ass. How could I possibly trust them to look out for my interests if they don't even know what they are?

[Kathy in Cambridge]

3. What about the millionaires in office currently?

How do they look out for your interests?

[Centre_Left]

2. Kerry and Edwards' Taxes

I doubt that either Kerry or Edwards pays a very high effective tax rate. They both know that they can hire tax lawyers and accountants to evade any sort of tax increase they may choose to legislate. And whatever taxes they cannot evade do not amount to much compared to their personal fortunes. Whatever I may think about Kerry's tax proposals, they certainly do not amount to some sort of willingness to sacrifice on his part.

[SeeTheLight]

4. I'm starting my own business

Yup. I haven't had a job since early 2000. I quit to go to school, but even as I made plans to quit in 99, the bottom was falling out of the IT job market (well, it HAD fallen), and so I dropped out of school in 02 and decided to start my own business. Been a really tough 4 years since.

So, now I'm one of those evil greedy businessmen. I gotta tell ya... Democrats, Kerry, Edwards... None of these are proposing much that sounds good to me.

I need rich people to spend money with me. I need businesses to need my services AND have the money to pay for them. I need to NOT be taxed to death, so I can grow. I need favorable depreciation write-offs... Or I'm going broke. I'm competing against the big guys - the telephone company, cable, and a regional internet company for broadband services in a mostly rural area.

My competitor got nearly 5 million dollars in federal money to "provide broadband to underserved areas" (where I am starting up).

Get in my shoes, and Democrat's policies don't always look so good. Soemtimes when I read the rhetoric around here, I feel like it's ME everyone's hating. It seems everyone has the idea of just making businesspeople pay for everyting. I don't have anything. I've just liquidated my IRA, every last dime of savings and everything I can scrape together. And so has my partner.

So tell me...Where's MY support structure? Who's gunning to cut my tax bite, who's making policies favorable to my business needs?

[PinkTiger]

5. Chill. The tax code favors businesses even with Democrats in office.

I'm a business person, so I know. The only thing Bush has done for us is make it possible to purchase large ticket items and take them 100 percent off our taxes without having to depreciate them, and that is only a temporary fix. I'm not even sure it is all that good for the economy in the long run. And who needs another SUV??

The LLC corporations and Subchapter S corporation designations were put into place before Bush. He hasn't helped that much.

The major thing is, under Democrat leadership, there is more money being spent in the overall economy, so your business will prosper, even if you are in oil or gas.

What is amazing to me is how we all buy in to the idea that Republicans are better for business, just because they say so. Go to this site and see some actual reckoning of the issues. I think you will be surprised:

http://www.eriposte.com/economy/other/demovsrep.htm

[Name removed]

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