US Senator: ‘I Don’t Know a Single Small Business‘ That Will Be Affected ’By Tax Rates’
- Posted on July 3, 2012 at 12:17pm by
Benny Johnson
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Senator Sheldon Whitehouse (D-RI)
“We don’t have a tax problem in this country, we have a revenue problem.”
So was the message on a panel entitled ’98 to 2: Raising Taxes to Invest in America and Promote Fairness’ that took place in Washington last month. The panel was made up of progressive researchers and politicians all waxing poetic over the best way to sell tax increases to the American people.
In the exclusive clip below, a question is asked from the audience concerning creating a liberal “counter narrative“ to the effective conservative ideal that ”taxing the rich kills jobs and hurts small business.”
“The Republicans are very effective at using the ‘taxing the rich kills the job creators, it kills small business who creates lots of jobs,‘ and she’s asking where is the push-back from our side? Why don’t we have our own effective counter narrative to that?”
Guy D. Molyneux, a panelist and partner with Hart Research, answered by lamented liberals loosing the messaging war over the “tax issue” and suggested that “most people” don’t but the idea that the rich create jobs.
“Republican argument really is not persuasive to most voters. They do not buy the idea that most people who make over $250K are quote ‘job creators,’ unquote.“
Molyneux continued to discuss his views on the American public and taxation:
“They do not buy the idea that it’s going to have a substantially negative impact on the economy to raise taxes on people at that level…there is a certain superficial plausibility to the idea that higher taxes is more likely to be bad than good for the economy, and it takes time to explain why that’s not necessarily true in this case.“
Molyneux made a final point in closing, noting that the rich get “goodies” in our society and that Republicans can’t compete with an argument against “fairness.”
“It is overdue for the wealthy to pay their fair share of taxes, and as a country we simply cannot afford to keep handing out new goodies to the richest people in our society. That is a much better point for us to be arguing, and for them to try — because Republicans really have no answer to that.”
Democratic Senator Whitehouse from Rhode Island chimed in, adding that he did not know a “single small business” that would be effected by tax rates:
“What works well for me at home, I don’t have this, you know, poll-tested…I say, look I don’t know a single small business in Rhode Island that is going to be made or broken by tax rates. What’s going to make or break small business is whether people are actually coming through the door to spend money, whether they have customers.”
The panel was a part of the greater Take Back The American Dream Conference in association with Van Jones. This conference
Watch The Astonishing Remarks Below:
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Comments (251)
mountainmover101
Posted on July 3, 2012 at 12:48pmHe probably very seriously believes that. That is the problem with liberals. When pathological lying becomes so entrenched in your everyday life, you forget that there is indeed a difference between truth and lies, fact and fiction or correct and incorrect. When truth is inconvenient to liberals, those that can still perceive the difference, they simply ignore it. After a while they can’t tell the difference and join the fold. Mental disorders are a terrible thing.
Report Post »cessna152
Posted on July 3, 2012 at 1:13pmHe is right, but he meant a “government business”….
Report Post »DownWithDems
Posted on July 3, 2012 at 1:23pmWhat is wrong with the people in Rhode Island?
Why do they keep voting for these ignorant Democrats?
Very scary that someone so ill informed is a Senator.
Report Post »Snowleopard {gallery of cat folks}
Posted on July 3, 2012 at 1:23pmCessna – oh so utterly on the money.
Report Post »JQCitizen
Posted on July 3, 2012 at 1:28pmMost Liberals live a VERY CLOISTERED, VERY EXCLUSIVE existence. They don’t understand average citizens, business, or how to budget, because they either are born rich, or kiss the @$$e$ of politicians to gain themselves an exclusive position in society. They are Fascists!!!
Report Post »AvengerK
Posted on July 3, 2012 at 1:33pmMaybe the republicans are effective at convincing people that over taxing harms hiring and business because that‘s what business is saying and why people aren’t getting hired? Just saying….
Report Post »Detroit paperboy
Posted on July 3, 2012 at 2:12pmYeah, and my small business doesn’t have a sales problem it has a revenue problem………are these the best and brightest we have….this is scary
Report Post »rickc34
Posted on July 3, 2012 at 2:30pmwow where do these people come from, how stupid is this guy. Lay offs will start the closer we get to the date when health care becomes mandatory . Already companies are dropping health coverage because of cost increases leaving employee’s to find their own. My job raised cost up twice since Obama became president, share of cost on emergency services from 100 to 1000 and Dr visit from 10 to 35 medication from 5 to 20. next step is to drop it all together.
Report Post »lukerw
Posted on July 3, 2012 at 2:31pmPage 1156 of my Dictionary… has Sheldon’s Picture!
Report Post »Unix
Posted on July 3, 2012 at 2:48pmLOL, progressives have their heads on backwards, that is why when they speak, there is a foul odor emanating from their words. You can take your tax hikes and shove them where the sun don’t shine progressives. Vote these charlatans out of power before we have no money left to prosper!
Report Post »PATTY HENRY
Posted on July 3, 2012 at 3:02pmPROGRESSIVES (LIBERALS, most DEMS) are skilled liars. Their total belief is like the Muslims “The END justifies the Means”. There is no such thing as “lying being a sin” to them.
Report Post »Decent Americans don’t share those flawed beliefs.
Decent Americans are busy working, taking care of their family.
Decent Americans are not expecting someone else to do their work for them.
Decent Americans don’t expect other people to feed, clothe, house them.
Decent American would NEVER make up faux fact to try to prove their point.
PROGRESSIVES know this, and like the Muslims who take advantage of our Freedom of Speech -
in order to ENSLAVE US, they will say anything, do anything, lie about anything to reach their GOALS.
I don’t know what makes ANY of these dopey people think they have ANY ANSWERS that we need.
Seems to me that since THESE PROGRESSIVES have taken over: Crime (Gangs) have exploded; Health Care has been Ruined; People are DIVIDED unlike never before (except the CIVIL WAR); People are 3 times fatter than they were; More people are on drugs/booze/illegal drugs than ever before. THEY HAVE NO ANSWERS. They do NOT believe in GOD – a Father GOD who will teach them, guide them, they can turn to and Who Loves Them. They may say they are “Spiritual” or “Believe in a Higher Power” …. and still go about their daily lives as if they are totally in charge of their lives, oblivious to the fact that we have a FATHER in HEAVEN who LOVES US !!
Texas Chris
Posted on July 3, 2012 at 3:14pmI get a stack of resumes every month. And do you want to know why I’m not hiring the number of people I would like to?
First, because I can’t justify minimum wage + Social Security + unemployment insurance + health insurance + OSHA training + ADA + payroll + overhead for an entry-level position. For a $16,640/year job I have to actually pay out almost $32,000/year. For a mail / copy clerk.
Second, because the little sh!ts either can’t show up on time, don’t show up at all, can’t pass a drug test, or have such a sense of entitlement that anything less than a corner office is beneith them.
If this senator can’t do the simple math I just did, he needs to be a fry cook, not a legislator.
Report Post »JRook
Posted on July 3, 2012 at 3:19pm“They do not buy the idea that most people who make over $250K are quote ‘job creators” Of course we don’t because it is not true. Ok let’s go slow for those who live on sound bites. DEMAND creates the need for and increase in the supply of products and services. Investors such as mutual funds, union pension funds, individuals of all economic levels provide capital to enable businesses to hire workers to meet the need for higher supply. Small businesses invest some of their own money, borrow money from the bank (which is really depositors investing again). The notion that the wealthy wake up every morning and say “i’m going to create more jobs today” is the kind of stuff you expect from Sarah Palin and M. Bachmann. Not people who actually use their brains.
Report Post »mattmo79
Posted on July 3, 2012 at 3:56pmYep it’s not fair to work hard in school and earn good grades.
Report Post »It’s not fair to work through college and earn a degree
It’s not fair that if you decide learn a trade instead of college
It’s not fair that in order to succeed in your job or business venture your working 50-60 hours a week
It’s not fair that after years of hard work you are rewarded with a good income
It’s not fair that after years of hard work you are able to afford “goodies”
It’s not fair that liberals think that your reward for years of hard work and effort is to steal you blind with whatever BS tax plan they create all in the name of fairness!!
johnpaulkuchtajr
Posted on July 3, 2012 at 5:56pmPerhaps the good Senator would benefit from a course in elementary business accounting?
REVENUE MINUS EXPENSES (including TAXES) = PROFITS
According to the equation, If the expenses go up due to paying more taxes, profits must go down; and, with the decrease in profits, any chance of expanding the “bidness” and creating new jobs is diminished.
I would suggest that the Ayatollah Obama at least audit the same course!!!!!
Report Post »1592
Posted on July 3, 2012 at 6:15pmRhode Island = Real Idiots!
Report Post »ktowers
Posted on July 3, 2012 at 6:45pmJRook: “DEMAND creates the need for and increase in the supply of products and services.”
You have a need for something, J? Do without or create it yourself. Don’t expect others to create it for you and then dictate how much of their earnings they can keep. You’re not that smart or valuable.
JRook: “The notion that the wealthy wake up every morning and say “i’m going to create more jobs today” is the kind of stuff you expect from Sarah Palin and M. Bachmann. Not people who actually use their brains.”
A little slip there, I think. That’s what you think they should do, right? They should not be in it to make money, but to provide JRook with a great job and a comfy life, while allowing J to control how it all happens.
Report Post »Unix
Posted on July 3, 2012 at 7:12pmJrook, you are nothing but a progressive shill…demand is an economic term meaning people want a product, okay. Where do people take that demand? To shops, stores, etc…who owns those shops and stores? Businessmen/women do. Guess what, those businesses hire employees…which are jobs. Those people take risks and are rewarded in guess what…dollars. Now most small business people make a good bit of money for their efforts, a lot make $250,000 or more…imagine that? guess what, when you raise taxes on those people, what are they going to do? Fire employees, and the number of jobs goes down, unemployment goes up. Small business’ creates 70% of the jobs in America…get an education.
Report Post »mtcountrygrl
Posted on July 3, 2012 at 7:25pm@JRook
Report Post »Your an idiot that has no understanding of business or economics. Period. My husband has a small business that sells “luxury” items. In 2009, after Obama got full swing into his policies, the “rich” started sitting on their money. We went from a booming business that doubled in size every year, to laying off our ENTIRE staff and my husband even needing to get a night job, to keep us from losing our house. Yep those rich people sure don’t create jobs. IDIOT!
Recceman90
Posted on July 3, 2012 at 8:15pmJROCK went to the Democrat School of Economics! Still only teaching theory, they can’t seem to make those theories into reality….so they will just continue the same old playbook!
Report Post »Ragnars Repos
Posted on July 3, 2012 at 10:45pmThis man + wimpy conservatives = a socialist U.S.
With commies and socialist conservatives (Romney and his ilk) who needs enemies?
The Progressives and their enabling conservatives are getting everything they want.
As soon as the Progressives and the conservatives get single-payer in place they will move on to some other freedom-killing plan, then another, then another, and on, and on, until the corpses start piling up…again.
This collectivism thing always ends badly for humans.
Report Post »Anti_Spock
Posted on July 3, 2012 at 11:05pmWe don’t have a tax or a revenue problem. We have a GOVERNMENT PROBLEM that only a bloody revolution will fix.
Report Post »Armed Patriot
Posted on July 4, 2012 at 10:21amGuy D. Molyneux… Hey dumbass… I am a small businessman. I work a regular job and I own a small business. My taxes, ALL OF OUR TAXES will be raising, medicare taxes are rising and so are self employment taxes. 21 new taxes will be forced on America. 75% of America is OPPOSED to Obamacare. 75%!!! Congress acted against the “consent of the governed”. Congress acted in violation of the Constitution, bent and broke the rules of Congress, lied and bribed to pass this unlawful bill. 75% of the biggest tax increase in WORLD HISTORY will be placed on Americans making less than $150K a year. You know who is exempt??? Illegal aliens and muslims. Hmmmm!!! Yes this biggest tax increase in world history will hurt my small business, and the economy. The cost per employee will increase which will mean the cost of goods and services will necessarily increase. The second biggest tax increase in US history is slated for Jan 1st, 2013 if the Bush tax cuts (current tax code) are allowed to expire. Dont be fooled. They were not only for the rich, They included tax cuts for the middle class, deductions for children, etc.
Report Post »Cemoto78
Posted on July 4, 2012 at 12:20pmHere’s a guy who needs to be voted out and put in charge of counting recycled cans at the landfill.
Report Post »dmerwin
Posted on July 4, 2012 at 12:50pmHe doesn’t get out much. This really displays the “elite” mentality of the liberal ruling class. Can’t be bothered to get to know “those people”.
Report Post »loriann12
Posted on July 4, 2012 at 9:05pmLet’s see, your barber, your Starbucks barista, your tailor, the guy who runs the deli that you stop in to get a bite on the way to work, your limo driver…..
Report Post »Secret Squirrel
Posted on July 5, 2012 at 9:15am.
Report Post »I knew he was a democrat.
Secret Squirrel
Posted on July 5, 2012 at 9:19am.
Report Post »“We don’t have a tax problem in this country, we have a revenue problem.”
“A fly ate my brain.”
dennisS
Posted on July 3, 2012 at 12:48pmThere is a reason why these guys get away with this disinformation, the vast majority of the American public are ignorant when it comes to economics and economic models such as Capitalism and Socialism. I have friends and relatives who believe that all the government needs to do is just print more money and we will get out of this mess we’re in. You can’t fix stupid.
Report Post »Bill Rowland
Posted on July 3, 2012 at 2:06pmWhitehouse has been living in that Ivory Tower called DC for so long that he doesn’t know anyone who owns a small business. Be assured that if the Senate and House pass the tax increase they will exempt themselves from obeying the law.
OMG Nov6, 2012
Report Post »BloodSweatandTears
Posted on July 3, 2012 at 3:00pmIf stupid hurt, their head would explode.
Report Post »midwesthippie
Posted on July 3, 2012 at 10:34pm…all politicians sukk…it’s just a matter of varying degrees…
Report Post »drphil69
Posted on July 3, 2012 at 12:48pmI have just one question – ARE YOU A LIAR OR ARE YOU THAT F*CKING STUPID????
Report Post »glockenstein
Posted on July 3, 2012 at 1:44pmThat’s two questions, but good ones.
Report Post »Derfel Cadarn
Posted on July 3, 2012 at 1:53pmHe is a Democrat so it is both. You cannoy be a Democrat and possess any functioning braincells, if you have the ability to think that automatically disqualifies you from party membership.
Report Post »thibx
Posted on July 3, 2012 at 3:07pmmy thoughts exactly.
Report Post »MIBUGNU2
Posted on July 3, 2012 at 4:16pmBut, That’s what it says on the White House MEMO !!
Report Post »oneshiner
Posted on July 3, 2012 at 10:45pmReaders, please skip this post, I’m gonna let it all hang out and say what I think:
Senator Sheldon Whitehouse. No white house for you bud! You have to be the dumbest man in RI. Can’t those people find a decent Senator to serve them?
Report Post »Sen. You’re full of Chhitt.
My Two Cents
Posted on July 3, 2012 at 12:48pmPerhaps the Senator would like to look at my books from 2007 – 2009 and explain why my sales dropped 40% in a demographic where the average household income is over 250K per year. My customers are the rich folks he is talking about and if you think for a minute that they don’t watch their money you are a fool who knows nothing about basic economics.
My customers will get hammered by the new 3.8% tax on real estate sales as well as the increased tax on dividends. Say what you want but that money will vanish from the economy forever.
Report Post »CatB
Posted on July 3, 2012 at 1:20pmMost people don’t understand that there are (at last count) 21 new and higher taxes .. we need to get that list out .. when people see they are going to pay more then it becomes personal. The freeloaders will never care ..
http://www.forbes.com/sites/ashleaebeling/2012/06/28/obamacares-7-tax-hikes-on-under-250000-a-year-earners/
http://www.atr.org/comprehensive-list-tax-hikes-obamacare-a5758
Report Post »seeker9
Posted on July 3, 2012 at 1:45pmThe libs are trying to push all the new taxes (except the penalty/tax) behind the curtain. Heard one say that the new tax will only affect 1% or so. They always have been the tax and spend and tax party.
Report Post »normalmom
Posted on July 3, 2012 at 4:24pmYou are right, another thing about the tax the rich garbage is… If they tax those that make good money will other people want to join them. It will discourage anyone from bettering themselves. They will look at it and say why make good money when it is taken from me and GIVEN to those sitting on their butts doing nothing (not counting the disabled). No one will want to make that kind of money then it’s all gone.
Report Post »deltaecho
Posted on July 3, 2012 at 12:47pm“Why don’t we have our own effective counter narrative to that?”
Ahh…because there isn’t one?
Report Post »AJAYW
Posted on July 3, 2012 at 12:46pmJust look at his face – nothing else needs saying- Idiot loser
Report Post »BaltimoreJoe
Posted on July 3, 2012 at 12:46pmI wish I had a penny for everything this dork doesn’t know. He isn’t smart enough to be a spell-checker at an M&M factory.
Report Post »olias52
Posted on July 3, 2012 at 12:45pmSheldon Whitehouse, better know in RI as Sheldon SH**house doesn’t see where the higher taxes would impose a burden on business owners. That won’t suprise anyone from RI, because the politicians in RI believe that increased taxes are the only way they can run the State. RI taxes everything they can think of. Cutting Govt does not even get a second look. Whitehouse and the rest of his cronies in RI govt. have totally collapsed the economy in RI, have driven business out due to high taxes, killing tourism,small business due to taxes and regulation, the fishing industry, etc. I could go on with a list of things these clowns in RI have done to destroy that State. Now they have Bubba Chaffee added to the clown possi. Whitehouse does not deserve a place in RI politics, he deserves a place in a home, not our house.RI is unfortunately part of the list of Democraticly controlled States that are broke and on the verge of bankruptcy, along with NY, California, Mich. ILL. Let the democrates control your State or country, and in short order it will look like Bagdad. I’m 60 yrs old and have waited for the Rhode Islanders to wake up and throw these people out but I gave up.
Report Post »KURT1010
Posted on July 3, 2012 at 1:48pmHe was probably a comunity organzier berfore becoming a us sentor …..
Report Post »normalmom
Posted on July 3, 2012 at 4:27pmDon’t forget Washington state, the east side has tried to split due to all our tax money going to the west side and we just get pissed on.
Report Post »Lt_Scrounge
Posted on July 4, 2012 at 12:42amBut at least Rhode Island is a small state. Obamao will probably cut them a rubber check like he did his buddies at Solyndra and a number of other destined to fail from the beginning green energy companies.
Report Post »boston-rightwinger
Posted on July 3, 2012 at 12:40pmI recently moved from neighboring state Massachusetts because of taxes and general BS to Texas with my small business. We are growing and hope to have over 100 employees in two years. If Obama care is not repealed, we may outsource some of the fabrication jobs.
Democrats have no clue that ‘Unintended Consequences’ do happen.
Report Post »Texas Chris
Posted on July 3, 2012 at 3:17pmWelcome.
It’s hard to find a business that has gone out of business. It’s hard for a senatore to find those RI employers who have fled to business friendly Texas. Because they’re in Texas, God bless ‘em.
Report Post »johnnycatt
Posted on July 4, 2012 at 4:56amI will move myself, my family and my small business to the first “red state” to secede!
Report Post »loriann12
Posted on July 5, 2012 at 3:50pmI’m a native Missourian, but moved to Texas…I would LOVE it if Texas suceded (however you spell that – LEFT the Union) at this point. I am a veteran, though and I keep trying to be optimistic that we can fix this still. If it don’t get better about 10 months, I’ll be joining those pushing to leave.
Report Post »wboehmer
Posted on July 3, 2012 at 12:39pmPollster Molyneux: “. . . a certain superficial plausibility to the idea that higher taxes is more likely to be bad than good for the economy.”
A prime example of a hired contractor telling the customer what they want to hear instead of the truth.
Report Post »Cabo King
Posted on July 3, 2012 at 12:37pmHe rode his flying pink elephant to work, i’am sure
Report Post »HKS
Posted on July 3, 2012 at 12:42pmMaybe there is no small business left in Rhode Island. He’s already killed them all.
Report Post »Want our country back
Posted on July 3, 2012 at 12:43pmSen Whitehouse, that sir, is why you MUST be replaced.
Report Post »groundzero
Posted on July 3, 2012 at 12:36pmWhen I hear up my taxes I think of MORE LAUNDERING OF MY HARD HARD WORK MONEY TO “THE ELITE CLASS”. Yes in their paychecks, in their benefits, in their pension None have been taken down to the WORK CLASS LEVEL. NOW they still have money left from sticking it into their pockets, let’s give it to friends that can return favors when I ask. Let’s use this money to CONTROL others as I SEE FIT. CORRUPTIONS Nothing more than money laundering
Report Post »Mike N
Posted on July 3, 2012 at 12:35pm.
Oh, and by the way, you pinko-libs, stating “We don’t have a tax problem in this country, we have a revenue problem” is hard for the citizenry to hear when you’ve racked up more debt than $45,000 per man, woman and child in this country . . . and for what? To tell us you don’t have a spending problem, and need even more money?
The only people I know who look dumb enough to buy that line are you politicians yourselves . . . because you actually believe it!
Report Post ».
michael48
Posted on July 3, 2012 at 12:35pmi don’t know a single..thing…yes we know that..
Report Post »TSUNAMI-22
Posted on July 3, 2012 at 12:34pmRiddle me this Mr. Senator:
If government can print as much money as it want’s whenever it wants, why do you need to have the public pay any taxes?
Report Post »GeorgieJo
Posted on July 3, 2012 at 1:26pmI am now beginning to understand why those women in Detroit were standing in line screaming…
WE WANT SOME OBAMA CASH
Where is it?
OH YOU KNOW….OBAMA’S STASH
Have the Democraps gone mad?
They ALL flunked math?
Sec of Treasury CANNOT DO HIS OWN TAXES?
How many FEDERAL workers NOT PAYING their TAXES?
If the FEDERAL GOVT won’t enforce Immigration laws
Why should the states enforce ObamaTaxCare???
OMG 2012
Report Post »OhioRifleman
Posted on July 3, 2012 at 12:34pmWe have become a nation whereupon the definition of ‘fair’ is skewed to mean something other than fair. A progressive tax system is not fair by definition, because it does not apply equally to everyone. The poor pay nearly nothing in direct taxes, the super-rich use tax shelters and exemptions to reduce their burden, and the middle class gets left holding the bag.
‘Fair’ my arse. God help us all, because a country divided like this can never stand permanently.
Report Post »Texas Chris
Posted on July 3, 2012 at 3:21pmThe only “fair” system of taxation is a fee-based system. You pay for what you use, and only what you use. And if another agency offers a better service or a lower price, you are free to use THAT agency if you wish.
We call that system a “free market” and the participating agencies “businesses”.
Report Post »Rickfromillinois
Posted on July 3, 2012 at 12:32pmThis guy is stupid, only the people who believe what he says are more stupid. Higher taxes affect EVERYBODY who actually PAYS TAXES. People and businesses alike. To claim that higher taxes do not affect them is moronic.
Report Post »Elena2010
Posted on July 3, 2012 at 12:39pmChowda-head is what he is!
Report Post »ozchambers
Posted on July 3, 2012 at 12:40pmThey say they are tired of handouts to the rich in this country?? If you’re either a job creator or even a job holder, the only hand out you’re getting from Uncle Sam is a hand demanding you put more of your hard-earned money into it.
Report Post »rosegrower
Posted on July 3, 2012 at 12:43pmIn addition to your statement, even those who don’t believe they pay taxes ultimately do if businesses are taxed more. The additional taxes are built into the end price of the goods, so the consumer pays for the increased tax rates. If those people concerned about “fairness” are upset now that they can’t buy “goodies,” just wait until they get to pay the embedded cost of Obamacare when they buy the next XBox.
Report Post »Texas Chris
Posted on July 3, 2012 at 3:23pmRosegrower is right. Only individuals pay taxes. Businesses simply pass the cost of their taxes on to the consumer in the form of higher prices.
In the absense of taxes (and regulation) consumer prices would drop. Dramatically.
Report Post »leasecommander
Posted on July 3, 2012 at 12:30pmCompletely at a loss for words, these are the problem, yep these people and their ideas. Ambition will go away and we will be here as a bunch of equal robots, all entitled but unable to move above the masses because of the regulations and laws to prevent that. It is plain idiocy !!!!!!!
Report Post »michael48
Posted on July 3, 2012 at 12:29pmhey sen. moron…we’re not the ones borrowing 50% of every dime you clowns pizz off…so get a clue..IDIOT!!!!!!!!!!!!!!!…cut spending…now that’s new and novel ..ya think , comrade ????
Report Post »DIR
Posted on July 3, 2012 at 2:28pmApparently the only time Senator Sheldon Whitehouse (D-RI) and his kind will truely understand is when a rope is put around his neck and about to swing under under a tree.
Report Post »CatB
Posted on July 3, 2012 at 12:28pmOkay small business owners .. GIVE HIM SOME INFO!
“Democratic Senator Whitehouse from Rhode Island chimed in adding that he did not know a “single small business” that would be effected by tax rates.”
EDUCATE HIM!
Report Post »dogdr
Posted on July 3, 2012 at 12:56pmI will educate him
Report Post »I own a business and I employ 25 people and I would like to hire more people and I will when the demand is there. I don‘t know what my tax rate is and I don’t care. I care about customers through my door. The tax rate has had NO effect on that. Tax rates are irrelevant to most small business owners. By the time you get through amortization/depreciation/writeoffs, who knows? Most, including myself (and other small business owners I talk to in my town), can’t tell you what their tax rate is and aside from wanting to pay less, none of them hire or do business planning based on tax rates.
Charting my business over the last 25 years there has been NO correlation between my business and tax rates
CatB
Posted on July 3, 2012 at 1:11pmThere won’t be any more demand when people have less to spend because of all the new and increased taxes .. it does effect everyone and everything. We don’t have a revenue problem we have a spending problem .. the government spends more than they have and demand more and more from everyone who pays.
Report Post »HorseCrazy
Posted on July 3, 2012 at 2:36pmthis small business owner has had it. my taxes are a giant waste of money that contribute to less profit and layoffs. I deal in real estate both sales and leasing as well as my second business farming. All the darn property taxes are killing me on my rural land as well as my city business. I frankly cannot handle the insanity anymore. I feel like the governments atm at every level state city and federal. I have had it these people are bleeding me dry
Report Post »bman546
Posted on July 3, 2012 at 2:38pmYes, tax rates do have a lot to do with customers coming through the door. If I pay more in taxes, I have less disposable income. If I have less money to spend, I buy less, or not at all. DUH.
Report Post »Therefore, it is a no-brainer that business declines when taxes are raised.
If costs go up on small business (increase in taxes, govt fees) their bottom line is negatively impacted. That causes them to raise prices–which may mean fewer customers, or to accept a lower profit margin which may delay or prevent expansion and the hiring of more workers…
No country ever taxed itself into prosperity and a higher standard of living.
If taxes have no impact on small business, why not make taxes higher than ever? Tax at 90%. Tell me what happens to the economy then? The ignorance of some people is astounding.
If you disagree, just go back and read President Obama’s comments on raising taxes (during a recession) when he signed the extension of the Bush era tax rates.
dogdr
Posted on July 3, 2012 at 2:42pmCatb
that is a theory, but it is the longest running Republican lie out there. WE have been hearing for 20 years that if we just lower taxes, business will do great- lower taxes increases the governments income.
The problem is that there is no proof of the theory and the thing that really matters- actual data shows the opposite. Business and the economy have done best with higher tax rates. Historically this has been true for a long time. Booming economy with 90% top tax rate- how do you explain the. It has happened. Lowering tax rates for the last 8 years has killed the economy and jobs. I’m not claiming that increasing taxes increases jobs (although it might), just that tax rates have historically been irrelevant in predicting the economy.
Nobody plans their business based on tax rates.
Historically, that Republican lie is nothing more than a zombie at this point. Clearly, it is not true, but it refuses to die
WHERE IS THE PROOF?
Report Post »Twobyfour
Posted on July 3, 2012 at 11:39pmdogdr, you spew a pure unadulterated BS. The only way that your bottom line is not affected by tax rate is if you solely depend on business with government. You simply adjust prices/rates accordingly and taxpayer foots the bill for a $100 hammer.
As for the Bush tenure, you need to look at the unemployment rates. By the mid term, the rate was below 5%. It shot up the moment the Democrats took over the House, and further rose under The Won.
Report Post »The 2008 financial collapse was due in part to unsound economic policies endowed by Democraps (FF/FM and toxicity of derived securities) and by a group of entities that took a keen interest in political intervention by massive withdrawal run on the markets on Sept 19, 2008. Their desired result–Obamination rule, took the nation in the direction they liked for their long term goals.
NOTAMUSHROOM
Posted on July 4, 2012 at 7:14amdogdr
Apparently you skipped out on or slept thru the Econ requirements prior to vet school. I always thought that vets were smart people, but you just proved me wrong. You have no clue about economics and you spew absolute partisan nonsense. Let me educate you please: Every time tax rates of any sort go UP, tax revenue to the government goes DOWN. You don’t have to look very far to find that info for yourself but you might have to venture out of you comfort zone so turn off CNN, MSLSD, NBC, ABC, CBS or whatever other propaganda factory you’re listening to. And while you’re at it, be thankful you’re a doggie doctor in this country, and not any where else on the planet because in no other country do veterinarians fare as well as here. Funny thing about prosperity. It allows for people to have and care for their pets.
Now, go learn something about the way our economy works and stoo giving veterinarians a bad rep!
Report Post »Mike N
Posted on July 3, 2012 at 12:28pm.
So then, march yourself on down to the unemployment office, get the attention of all of the freeloaders standing in line, and tell them to create their own damn jobs!
This is America . . . they already have exactly the same opportunity to stick their own necks out, just the same as I did!
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MBA
Posted on July 3, 2012 at 12:26pmI guess that just shows everyone who’s paying attention how stupid or willfully ignorant democrats are just to get their way.
Report Post »TSUNAMI-22
Posted on July 3, 2012 at 12:32pmIt’s not just democrats. The whole lot of them are the same way. The difference is the velocity at which they try to steal your liberties away. The Republicans are just slightly slower.
Report Post »cykonas
Posted on July 3, 2012 at 3:39pmWise person you are, Tsunami!
Report Post »I.Gaspar
Posted on July 3, 2012 at 12:25pmIt’s hard for a dem senator to know anything about anything when he keeps his head buried up his own seat of government.
Report Post »Mutiny
Posted on July 3, 2012 at 12:24pmWow admitting you dont know one small business isnt very smart. Out of the loop senator?
Report Post »patriotmomof4
Posted on July 3, 2012 at 3:44pmMr. weldon shithouse has NEVER been in the “loop”…he is a typical libertard from, I’m sorry to say my home state.
Report Post »dmerwin
Posted on July 3, 2012 at 12:23pmThis guy doesn’t look very hard!
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