On 2010-09-30 16:35:33 -0400, Jonathan Cook said:

On Sep 30, 9:20 am, D. LaCourse wrote:

much reinvesting in the store. To think that $250k a year is a lot of
money and those that make it are *millionaires* is false. It takes
money to run a business, any business, and to pay more taxes just is
not right.

The money they reinvest won't be taxed regardless the tax rate; that's
a red herring.

No it isn't, Jon. If they are taxed *more* then they won't be able to
reinvest in the stores or in new people. They work very hard for that
money, seven days a week, sometime until 9 pm at night. More taxes
will means less money, less money means less investment. Hang the
millionaires, but not the $250k/year folks. They don't deserve to be
punished with more taxes simply because they work hard and achieve.


Presumably they are paying themselves a reasonable
"living" wage which comes out of the business before figuring its
profit, so if they're pulling $250K profit on top of that I have no
problem taxing it. I have personal decades-long experience with a
small business that didn't see that kind of profit in 10 years, much
less one, so I'm having a hard time sympathizing.

Are you saying you are an underachiever? Not my fault you can't make
money at a small business. My kids did and they don't have any letters
after their name.

Congress and this president think that we can spend our way into
prosperity. That is the first time I have ever encountered that
thinking.

Oh come on. Both parties have been doing this for 40 years...neither
party is saying anything that could be even remotely construed as
coming close to doing anything serious about deficit spending. They
are both addicted to Bernanke's printing press.

And that is GOOD? It is time to stop the foolishness in Washington.
It is time to stop paying off the unions and everyone else that helped
get them elexted. Enough is enough.

My grandkids are ****ed at you and me and Fortenberry, et al for the
position we have put them in.

And they should be. The prosperity we enjoyed (you included) we didn't
earn; we simply borrowed it from them.

Notice I said "you and me?" At least they realize that I am not
pro-Obama or approve of this spending spree this idiot is taking us on.
He just gave another $20B to foreign aid. That money could have been
spend HERE. The rest of the world hates us because of our freedoms and
our riches and I doubt very much giving more money to them will amount
to a hill of beans.
Dave