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abluelady Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 10:00 AM
Original message
Need to Understand Something
Listening to republican senator on the floor telling us why Obama shouldn’t let the tax breaks for the rich expire. He is saying the expiration will cause the small businesses to not create jobs. My question is, are they creating jobs now? Didn’t we have more jobs created during Clinton than W? What am I missing here?
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Stargazer09 Donating Member (625 posts) Send PM | Profile | Ignore Wed Sep-22-10 10:07 AM
Response to Original message
1. As a small business owner
I'm certainly not rich enough to qualify for those tax breaks in the first place. I'm not creating jobs because I can't afford to hire anyone.

It sounds like the senator is just trying to protect himself and his biggest donors.
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abluelady Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 10:56 AM
Response to Reply #1
2. My Children Are Small Business Owners
They don't make enough money to qualify and they do hire part-time help when they can. Taxes aren't the reason they don't create jobs.
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Stargazer09 Donating Member (625 posts) Send PM | Profile | Ignore Wed Sep-22-10 10:27 PM
Response to Reply #2
4. I understand that
I personally am not making enough to sustain my business, much less justify paying someone else to do what little work I have right now.

I know that taxes aren't the only reason small businesses aren't creating jobs. The senator was using the same tired "trickle down economics" argument that the republicans have been using for decades. "Don't tax the rich, so they will support the poor," which we all know doesn't help anyone but the rich.
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abluelady Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 10:56 AM
Response to Reply #1
3. Double Post
Edited on Wed Sep-22-10 10:57 AM by abluelady
.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 10:29 PM
Response to Original message
5. He don't refer to a small bidness, as you are thinking of one
but to S-Corps... see that small business called Bechtel. Or the Chicago Tribune, a small scrappy paper, know what I mean?

Keith Olbermann had a great program on that today. Silly me I thought that was well known.

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galileoreloaded Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 10:34 PM
Response to Original message
6. Generally as far as the Feds are concerned, small businesses are
companies with revenues around 30-40 million a year.
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