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<blockquote data-quote="dannyboy" data-source="post: 410702" data-attributes="member: 484">D&nbsp;lemme give you a heads up on obamas tax plan and how it affects real people&nbsp;i have a small business.&nbsp; i have 5 employees.&nbsp; last year the business grossed nearly 300 grand.&nbsp; thats gross.&nbsp; net profit was less than 12 grand before i even took a dime.&nbsp; not counting as well the losses from last year.&nbsp; &nbsp;under obama, my taxes would go up.&nbsp; why?&nbsp; cause i went above the 200 grand mark.&nbsp; so, lets see, if i have to pay more taxes on the same amount of income on the business, who do i let go.&nbsp; each of the employees have several children, and two are expecting.&nbsp; one has a disabled wife and child.&nbsp; another is taking care of his parents in his home, because he can not afford a nursing home for them.&nbsp; the 5th has 6 kids.&nbsp;so which one do i cut?&nbsp; as much as i would like to keep them all on, at least one will have to go, maybe two.&nbsp;btw, for every employee that has a job with a big business like ups, there are 5 employed at a small business like mine.&nbsp; the tax cuts of the past few years have been the only reason i have been able to hire help.&nbsp; under obama&#039;s plan, i might as well cut back and stay home.&nbsp;while i dont support mccain, his economic plan makes more sense than ob&#039;s.&nbsp; so it is the lesser of two evils.&nbsp;btw, fact.&nbsp; it was the economic base that reagan put into action that led to the budget surplusses of the clinton years.&nbsp; &nbsp;shame they didnt pay down the debt instead of figuring out a way to blow all that extra tax income.&nbsp;d</blockquote>

[QUOTE="dannyboy, post: 410702, member: 484"] D lemme give you a heads up on obamas tax plan and how it affects real people i have a small business. i have 5 employees. last year the business grossed nearly 300 grand. thats gross. net profit was less than 12 grand before i even took a dime. not counting as well the losses from last year. under obama, my taxes would go up. why? cause i went above the 200 grand mark. so, lets see, if i have to pay more taxes on the same amount of income on the business, who do i let go. each of the employees have several children, and two are expecting. one has a disabled wife and child. another is taking care of his parents in his home, because he can not afford a nursing home for them. the 5th has 6 kids. so which one do i cut? as much as i would like to keep them all on, at least one will have to go, maybe two. btw, for every employee that has a job with a big business like ups, there are 5 employed at a small business like mine. the tax cuts of the past few years have been the only reason i have been able to hire help. under obama's plan, i might as well cut back and stay home. while i dont support mccain, his economic plan makes more sense than ob's. so it is the lesser of two evils. btw, fact. it was the economic base that reagan put into action that led to the budget surplusses of the clinton years. shame they didnt pay down the debt instead of figuring out a way to blow all that extra tax income. d [/QUOTE]

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