How many plumbers does Obama know?

#51
#51
BigPapaVol said:
Dead freaking wrong again. He pays himself an 82K salary, likely at the behest of his accountant so he can limit personal income and help his tax situation.. That has nothing to do with the company's earnings or a sister company's income.
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how is this dead freaking wrong?

tell me how many small businesses would get screwed by obama?
 
#52
#52
TennNC said:
thanks to technology, I can simply log onto a website like this and, through osmosis, gain at least a smidge of your knowledge about the subject.
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Don't pretend you've learned any of this trash from me.

As the economy wonks, more power to 'em. I want nothing to do with them I do however, in running my businesses want to know my ass from my ear about macro, micro and business operations. That frees me up to piss away my day on this board or play golf if I so choose. I like it that way.
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#54
#54
BigPapaVol said:
Don't pretend you've learned any of this trash from me.

As the economy wonks, more power to 'em. I want nothing to do with them I do however, in running my businesses want to know my ass from my ear about macro, micro and business operations. That frees me up to piss away my day on this board or play golf if I so choose. I like it that way.
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:eek:lol::eek:lol::eek:lol:

Quite possibly the best line in the history of the politics forum. :good!:
 
#55
#55
TennNC said:
how is this dead freaking wrong?

tell me how many small businesses would get screwed by obama?
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i' dead wrong becaue the 82K you quoted has no relation whatsoever to what the business owner makes. Salary is simply an accounting line item and represents what he pays himself in monthly checks. AGAIN, it has nothing to do with the earnings of the business(es).

All of the small businesses that work well and employ very many Americans will get the hammer, from your fantasyland $7500 perspective and capital gains (which is the best investment capital curb there is). You wanna talk about Oe's startup print shop, I don't care. I'm talking about the people who already pay the lions share of the taxes today. It's going to get worse for them so Bama can use their money to buy votes.

Many have quoted it many ways, but the saying essentially says that the death of our democracy / capitalist experiment will be when the politicians start promising the masses free money and following through with it. At that point, the masses only vote for proponents of redistribution until it's over.

The masses getting my money doesn't perpetuate itself. The masses earning my money can perpetuate itself.
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#56
#56
utvolpj said:
what kind of plumbing business is that? Seems way low from my experience.

Many of the guys making money are repair/remodel (the owner of the Roto-rooter in Phoenix told me his guys average $60k after 2 yrs) but most have developed a specialty like hospitals, schools, apartments, etc. The commercial plumbers get ignored by most because they aren't seen. Of the 2 wealthiest customers I called on one did only schools and one did only apartments. Based on my sales to them in a year there is very little chance their company made less than $250k. Heck I worked with salesmen pulling down that kind of money (one had only 4 customers). It's a $100bil industry, to think there aren't plenty of people making good money is naive.
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PJ - we're not talking about what their BUSINESS' REVENUE is. We're talking about what the SMALL BUSINESS OWNER pays HIMSELF. And there's a difference between a salary that is "good money" and $250K.

According to the Internal Revenue Service, most small businesses organize in ways that allow their owners to pay taxes at personal rates rather than as corporations, which impose a second layer of taxes. Almost 95 percent of 21.5 million owners of small businesses who file as sole proprietors had receipts under $100,000 in 2007.
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another:

ABC News: Which Candidate's Tax Plan Helps Small Business

"Most people like Joe aren't going to be taxed more heavily under the Obama plan," said Roberton Williams, principal research associate and economist with the Tax Policy Center, a joint venture between The Urban Institute and the Brookings Institution, nonpartisan think tanks. "It's just the most successful of the small business or these professional partnerships."
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Small-businessowners do tend to earn more than the general population but a majority of them still do not earn above $200,000 or $250,000.

The National Federation of Independent Business found that 14 percent of those surveyed earn $200,000 or more. Those who did tended to own larger businesses. For instance, of those with 20 to 249 employees, 32 percent earned $250,000.
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#57
#57
BigPapaVol said:
i' dead wrong becaue the 82K you quoted has no relation whatsoever to what the business owner makes. Salary is simply an accounting line item and represents what he pays himself in monthly checks. AGAIN, it has nothing to do with the earnings of the business(es).
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So how will the earnings of these small business(es) be taken away by Obama?

Give me some numbers. An example. Something.
 
#58
#58
TennNC said:
Give Bloomberg, the Tax Foundation, the Brookings Institution, and CPAs hell too!

Bloomberg.com: Politics
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are you kidding me with this stupidity? Yo haven't quoted any of those in this thread. You were using them months ago, again without understanding the nature of the info, to support yor tax fantasy. Lie to yourself all day long, but that's the case.

You implied earlier in asking me how many small businesses will be harmed that the number is relatively small. If that's the case, how on earth is this tax lie going to do anything Obama' fantasies purport it will do? How, without someone getting creamed? Seriously, how? How is it not an absolute depressant to a sputtering economy? How?

For every partisan tax article you shell out, there are about 50 from the other side. In fact the thread that listed 500 econ profs, given the sentiment toward that opinion where they work, shoud tell you one helluva lot more than a static model from the Brookings institute.

I'm losing my mind, I forget that you have no clue what you're talking about, as you've displayed throughout this thread.
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#59
#59
bigpapavol said:
are you kidding me with this stupidity? Yo haven't quoted any of those in this thread. You were using them months ago, again without understanding the nature of the info, to support yor tax fantasy. Lie to yourself all day long, but that's the case.

You implied earlier in asking me how many small businesses will be harmed that the number is relatively small. If that's the case, how on earth is this tax lie going to do anything obama' fantasies purport it will do? How, without someone getting creamed? Seriously, how? How is it not an absolute depressant to a sputtering economy? How?

For every partisan tax article you shell out, there are about 50 from the other side. In fact the thread that listed 500 econ profs, given the sentiment toward that opinion where they work, shoud tell you one helluva lot more than a static model from the brookings institute.

I'm losing my mind, i forget that you have no clue what you're talking about, as you've displayed throughout this thread.
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i love you.
 
#60
#60
TennNC said:
PJ - we're not talking about what their BUSINESS' REVENUE is. We're talking about what the SMALL BUSINESS OWNER pays HIMSELF. And there's a difference between a salary that is "good money" and $250K.

No we're not. The entire thing has been about small business revenue. You turned to the slaries to help you fantasy.


another:

ABC News: Which Candidate's Tax Plan Helps Small Business
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Qoting the Brookings Inst. and Urban Tax Center is about as non-partisan as Nancy Pelosi. When yo get the time, read the piece of trach yor sourcing and then track down how they got there. Pure freaking fantasy and both proponents know it, but it wouldn't have helped make their point.
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#61
#61
TennNC said:
So how will the earnings of these small business(es) be taken away by Obama?

Give me some numbers. An example. Something.
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we don't know, but he has well north of $ trillion of new spending laid out. He's not going to get that by tapping for 7500 the businesses and individuals who meet his threshold. That's the funniest thing on the board. Almost as funny is the idea that his plaun will be net tax negative because he's going to save money across the economy. He has never saved a single dime in any bill he has put forth. His lone savings win was his grandstanding on Iraq.
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#62
#62
BigPapaVol said:
Qoting the Brookings Inst. and Urban Tax Center is about as non-partisan as Nancy Pelosi. When yo get the time, read the piece of trach yor sourcing and then track down how they got there. Pure freaking fantasy and both proponents know it, but it wouldn't have helped make their point.
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more typos than normal makes me think you're getting testy.
 
#64
#64
TennNC said:
that's all I needed to hear.

we could've ended this discussion many pages ago, but I for one had fun.
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Where the hell is Obama going to get the billions it's going to take for all the crap he wants to give everyone?

In your answer try not to say anything about Bush or McCain and if at all possible use common sense which I know is asking a lot.
 
#65
#65
With all the laying pipe I do some might call me a plumber. I make well under 250k a year.
 
#69
#69
Biden on Leno made a remark essentially saying Joe is not a "real" plumber since he is not licensed. Nice. Not only is he not Joe, now he isn't a plumber either.
 
#70
#70
For the life of me, I can't figure out why they are treating Joe the Plumber this way. They are giving this story legs when they didn't need to even talk about it. All they had to do was coast to November 4th. Instead, they found a way to gaffe their way into looking like elitist, tax and spend Democrats. It's like they had the election won and decided to channel John Kerry just to see if they could make it interesting.
 
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#71
#71
TennNC said:
that's all I needed to hear.

we could've ended this discussion many pages ago, but I for one had fun.
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I had fun too.

We don't know becaue he won't tell us. He'll get obliterated by the pundits if he gets into much detail, especially if he personally has to answer any questions.

The typos are because it's my handheld and I got so Jakezish that I refused to go back.
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