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(Talking Points Memo) Asinine Mitch McConnell: No raising taxes on small business to cut payroll taxes. Sen. Snowe: Here's a plan that exempts small business owners. McConnell: Still no   (tpmdc.talkingpointsmemo.com) divider line 55
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1856 clicks; posted to Politics » on 06 Dec 2011 at 6:06 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



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2011-12-06 03:56:49 PM
FTFA:
"Remember, the key to Collins' bill is that the millionaire surtax carves out business owners - a move explicitly designed to defuse the GOP argument that any income tax increase on millionaires will fall on some small businesses. That argument is a red herring, and his objection to Collins' plan reveals it."

More like a fishing boat full of red herrings.
 
2011-12-06 04:14:07 PM
Yertle the Turtle is a liar... who knew?
 
2011-12-06 04:23:41 PM
How the hell did this guy ever get elected? He is so completely unlikable.
 
2011-12-06 04:24:55 PM
AdolfOliverPanties: How the hell did this guy ever get elected? He is so completely unlikable.

And yet he's still quite a bit better than Boehner. Says a lot.
 
2011-12-06 04:28:20 PM
AdolfOliverPanties: How the hell did this guy ever get elected? He is so completely unlikable.

He's brought a ton of pork home. He used to be one of, if not the top, recipients of pork.
 
2011-12-06 04:30:55 PM
talkingpointsmemo.com
Lugar laughs and Vitter holds his breath when McConnell let's a huge fart rip. Inhofe stands by looking catatonic, as is his nature.
 
2011-12-06 04:38:41 PM
Every day I am more and more ashamed that Mitch McConnell "represents" me in Congress.

I never vote for him, but he keeps turning up anyway. Must be a lot of morons around here.

I've flushed things that would be a better legislator.
 
2011-12-06 04:47:38 PM
Part of the reason that I really am proud of the Senators from my former state...
 
2011-12-06 04:49:40 PM
Size doesn't really matter, subby. I mean, when you get right down to it, all businesses are "small" when you compare them to one that's bigger. I mean, imagine if all businesses were rated on a size scale that went from, say, 3 to 14. With one or two being just, you know, a lone operation or something like that. A size 7 business would feel really big, might even adopt a bit of a swagger, when it encountered a size 4 or 5 business. And those businesses might feel above adequate when they're sharing office space with a size 3. And then a size 13 walks in and suddenly they all feel like junior midgets. But that's just stupid, see? It's not how big the business is, it's how well it does its business. A size 3 business can still perform business as well -- and sometimes even better than -- a size 14. When you understand that, subby, you'll understand why it's so important to approach things like this with an open mind.
 
2011-12-06 04:58:57 PM
Pocket Ninja: Size doesn't really matter, subby. I mean, when you get right down to it, all businesses are "small" when you compare them to one that's bigger. I mean, imagine if all businesses were rated on a size scale that went from, say, 3 to 14. With one or two being just, you know, a lone operation or something like that. A size 7 business would feel really big, might even adopt a bit of a swagger, when it encountered a size 4 or 5 business. And those businesses might feel above adequate when they're sharing office space with a size 3. And then a size 13 walks in and suddenly they all feel like junior midgets. But that's just stupid, see? It's not how big the business is, it's how well it does its business. A size 3 business can still perform business as well -- and sometimes even better than -- a size 14. When you understand that, subby, you'll understand why it's so important to approach things like this with an open mind.

please note that this anecdote is not analogous to penis size and that if you have a small penis you should feel bad about yourself and understand that it makes you less of a man and a joke among your peers and your potential love interests.
 
2011-12-06 05:04:19 PM
Hi, Pocket Ninja, haven't seen you around for a while. Thanks for piping in today.
 
2011-12-06 05:07:31 PM
Pocket Ninja: Size doesn't really matter, subby. I mean, when you get right down to it, all businesses are "small" when you compare them to one that's bigger. I mean, imagine if all businesses were rated on a size scale that went from, say, 3 to 14. With one or two being just, you know, a lone operation or something like that. A size 7 business would feel really big, might even adopt a bit of a swagger, when it encountered a size 4 or 5 business. And those businesses might feel above adequate when they're sharing office space with a size 3. And then a size 13 walks in and suddenly they all feel like junior midgets. But that's just stupid, see? It's not how big the business is, it's how well it does its business. A size 3 business can still perform business as well -- and sometimes even better than -- a size 14. When you understand that, subby, you'll understand why it's so important to approach things like this with an open mind.

I know I haven't told you this recently, but I love you.
 
2011-12-06 05:17:35 PM
Blues_X: Yertle the Turtle is a liar... who knew?

www.chelydra.org
 
2011-12-06 05:20:08 PM
Pocket Ninja : Still the Master.
 
2011-12-06 05:30:24 PM
Pocket Ninja: Size doesn't really matter, subby. I mean, when you get right down to it, all businesses are "small" when you compare them to one that's bigger. I mean, imagine if all businesses were rated on a size scale that went from, say, 3 to 14. With one or two being just, you know, a lone operation or something like that. A size 7 business would feel really big, might even adopt a bit of a swagger, when it encountered a size 4 or 5 business. And those businesses might feel above adequate when they're sharing office space with a size 3. And then a size 13 walks in and suddenly they all feel like junior midgets. But that's just stupid, see? It's not how big the business is, it's how well it does its business. A size 3 business can still perform business as well -- and sometimes even better than -- a size 14. When you understand that, subby, you'll understand why it's so important to approach things like this with an open mind.

Well played, sir, well played. :)

/subby
//still lmao over your take on the issue
 
2011-12-06 06:11:37 PM
Well, duh!
 
2011-12-06 06:13:07 PM
Pocket Ninja: Size doesn't really matter, subby. I mean, when you get right down to it, all businesses are "small" when you compare them to one that's bigger. I mean, imagine if all businesses were rated on a size scale that went from, say, 3 to 14. With one or two being just, you know, a lone operation or something like that. A size 7 business would feel really big, might even adopt a bit of a swagger, when it encountered a size 4 or 5 business. And those businesses might feel above adequate when they're sharing office space with a size 3. And then a size 13 walks in and suddenly they all feel like junior midgets. But that's just stupid, see? It's not how big the business is, it's how well it does its business. A size 3 business can still perform business as well -- and sometimes even better than -- a size 14. When you understand that, subby, you'll understand why it's so important to approach things like this with an open mind.

I'm sure there are more, but I'm at work...
 
2011-12-06 06:13:43 PM
Let's start coming up with new guillotine designs. For example I propose a design where the blade is curved and painted such that it looks like a smiley face.
 
2011-12-06 06:18:08 PM
Hey Republicans who want to help America and not be fuktard obstructionist for millionaires come and join the Democrats!!

We got many fiscal conservative "blue dog" Democrats. The tent is big enough for more!!
 
2011-12-06 06:20:39 PM
Cuomo just reversed himself and increased taxes on the rich in NY.

The article is over at Rawstory.

Go OWS.
 
2011-12-06 06:21:36 PM
I think most Republicans are very reluctant to raise taxes on anyone during this economic crisis that we find ourselves in.

Well, except for nearly every worker in the nation. Obama wants that payroll cut in place, so that's socialism.
 
2011-12-06 06:22:57 PM
Corvus: Hey Republicans who want to help America and not be fuktard obstructionist for millionaires come and join the Democrats!!

We got many fiscal conservative "blue dog" Democrats. The tent is big enough for more!!


but i had heard that the democrats are more liberal and polarized now than ever in the past! is it possible that the media may have distorted the truth?
 
2011-12-06 06:24:46 PM
COLLINS! NOT SNOWE!!!!!
 
2011-12-06 06:31:24 PM
Mitch knows that any plan that helps the US economy recover will mean 4 more years of Fartbongo so he wants to see the country suffer so his party can sweep in with its solution...
 
2011-12-06 06:31:48 PM
I never understood this lie that small business owners are in the high income brackets, they simply are not.

My family owned a small business for 25 years. We had over a million in sales and created many jobs, but our actual income never approached 250k.
 
2011-12-06 06:33:24 PM
devek: I never understood this lie that small business owners are in the high income brackets, they simply are not.

My family owned a small business for 25 years. We had over a million in sales and created many jobs, but our actual income never approached 250k.


Data is not the plural of anecdote
 
2011-12-06 06:40:39 PM
Bob16: devek: I never understood this lie that small business owners are in the high income brackets, they simply are not.

My family owned a small business for 25 years. We had over a million in sales and created many jobs, but our actual income never approached 250k.

Data is not the plural of anecdote


Dude, use your brain and do the math. Many retail business run at a 5% profit margin, only the best type of businesses make 10%.
 
2011-12-06 06:47:41 PM
devek: Bob16: devek: I never understood this lie that small business owners are in the high income brackets, they simply are not.

My family owned a small business for 25 years. We had over a million in sales and created many jobs, but our actual income never approached 250k.

Data is not the plural of anecdote

Dude, use your brain and do the math. Many retail business run at a 5% profit margin, only the best type of businesses make 10%.


And you don't see any problem with that statement ( if it's even true ) ?

5% of what ? 10% of what ? Not to mention the lying that goes on in the business community when it comes to the numbers they pull out of their asses
 
2011-12-06 07:01:20 PM
Bob16: devek: Bob16: devek: I never understood this lie that small business owners are in the high income brackets, they simply are not.

My family owned a small business for 25 years. We had over a million in sales and created many jobs, but our actual income never approached 250k.

Data is not the plural of anecdote

Dude, use your brain and do the math. Many retail business run at a 5% profit margin, only the best type of businesses make 10%.

And you don't see any problem with that statement ( if it's even true ) ?

5% of what ? 10% of what ? Not to mention the lying that goes on in the business community when it comes to the numbers they pull out of their asses


I did some checking. While it's difficult to get an exact figure due to the rather flexible definition of a small business owner, everything I've seen indicates that a very small percentage (well under 10%), of small business owners have more then 250k in taxable income.
 
2011-12-06 07:13:40 PM
What I think of everytime I hear or see this guy's name:

encrypted-tbn0.google.com
 
2011-12-06 07:14:27 PM
Bob16: devek: Bob16: devek: I never understood this lie that small business owners are in the high income brackets, they simply are not.

My family owned a small business for 25 years. We had over a million in sales and created many jobs, but our actual income never approached 250k.

Data is not the plural of anecdote

Dude, use your brain and do the math. Many retail business run at a 5% profit margin, only the best type of businesses make 10%.

And you don't see any problem with that statement ( if it's even true ) ?

5% of what ? 10% of what ? Not to mention the lying that goes on in the business community when it comes to the numbers they pull out of their asses


Profit margin is profit (sale price - cost of goods sold) divided by sale price.

If I, as a businessman, paid $90 for a widget, then sold it for $100, my profit is $10, and the profit margin is 10% (10/100). That's actually fairly shiatty for most retail. Depending on the type of good, most things will gross anywhere from a 20-40% profit margin.

That's on a micro, goods-oriented scale.

To get the actual profit margin, you have to figure in overhead - utilities, rent, insurance, operating expenses, shipping, shrink, etc. Call it cost of doing business and add that all to the cost of goods sold.

This is why it bothers high-overhead retailers so much when people use their facilities as showrooms then go buy the merchandise online to save 2% (or perhaps to save on the local sales tax, which is a crock of shiat).

Then recalculate your profit margin and most places will be on the order of 3 to 7%
 
2011-12-06 07:45:43 PM
Non-evil Monkey: I did some checking. While it's difficult to get an exact figure due to the rather flexible definition of a small business owner, everything I've seen indicates that a very small percentage (well under 10%), of small business owners have more then 250k in taxable income.

Well, the meaning of a small business isn't that flexible but does vary between industries. In the US it is generally less than 250 employees or less than $7 million in sales.

Ya, we're both right though. Pretty freaking hard for a small business owner to hit the high tax bracket, especially when many of them don't have the profits directed at one person. Many of the larger ones have 2-3 "owners" who draw a salary from the company and reinvest any profits, so you have the owners making like $50k/year with the business deriving no income at all for itself.

I don't know, I'll stop ranting. I just get so pissed off when republicans talk about small business owners, when everything Obama is talking about is a tax cut for them.
 
2011-12-06 07:53:53 PM
Non-evil Monkey: I did some checking. While it's difficult to get an exact figure due to the rather flexible definition of a small business owner, everything I've seen indicates that a very small percentage (well under 10%), of small business owners have more then 250k in taxable income.

Plenty of small businesses make more than $250K.

Doctors, Lawyers, Lobbyists Historians.
 
2011-12-06 08:03:25 PM
I honestly and truly think that one day Susan Collins is going to give a middle finger to the republicans and just switch parties.

She's seriously the only republican that has ever tried to legitimately work and compromise with democrats on issues. She's still a giant dick about it sometimes, but she does give a good faith effort a lot of the time. And with things like DADT, she cosponsored the damn thing!
 
2011-12-06 08:12:20 PM
Bob16: devek: Bob16: devek: I never understood this lie that small business owners are in the high income brackets, they simply are not.

My family owned a small business for 25 years. We had over a million in sales and created many jobs, but our actual income never approached 250k.

Data is not the plural of anecdote

Dude, use your brain and do the math. Many retail business run at a 5% profit margin, only the best type of businesses make 10%.

And you don't see any problem with that statement ( if it's even true ) ?

5% of what ? 10% of what ? Not to mention the lying that goes on in the business community when it comes to the numbers they pull out of their asses


He used the term Profit Margin. That's a very specific accounting term. You can't be this dumb and arguing in a thread about business.... wait... forgot who I quoted.
 
2011-12-06 08:14:06 PM
I love how in order to give a one year "Tax holiday" on a program that isn't even a tax, Liberals want 10 years of tax increases to the general fund, because we all know this magical Lock Box for SS really exists *wink wink*. Can you at least be honest. You want a tax increase and the ability to spend more of the general fund for increased revenue. This is not going into a lock box.
 
2011-12-06 08:17:24 PM
Diogenes: AdolfOliverPanties: How the hell did this guy ever get elected? He is so completely unlikable.

He's brought a ton of pork home. He used to be one of, if not the top, recipients of pork.


I meant originally, when he first started out in the 80s. Who the fark could stand the smarmy turtle motherfarker even back then? Before he brought in the pork, when he first entered public life. WHO THE FARK VOTED FOR THIS ASSHOLE???!!!
 
2011-12-06 08:19:19 PM
Obstinance!
 
2011-12-06 08:23:49 PM
I am Serious Black's complete lack of surprise.
 
2011-12-06 08:33:30 PM
I think it needs to be made clear that republican intransigence on economic issues is not simply a matter of holding the economy hostage for political benefit. No, the republican Party continues to be deeply outraged that the nation elected a Democrat and a black man in preference to their war hero candidate despite their solemn assurance that the economic disaster that took place on their watch and as a direct result of their policies was actually the fault of the Democrats. Political gain is only the frosting on the cake of their strategy; their main purpose is to punish the people of the United States for daring to elect that man. Sen. McConnell did not reject Sen. Snowe's proposal because it raised taxes on the wealthy. He rejected it because it tended to help the poor and middle class. Protecting the wealthy is just a pretext for making things worse for the non-wealthy. Look at many of their recent intiatives: make poor kids work as janitors; require kids in foster care to wear second hand clothes; torment women trying to get abortions; sneak a poll tax into the election process in the name of stopping voter fraud; turn every hispanic legal or illegal into a second class citizen who has to be able to prove his citizenship at the whim of any cop. The list is endless

In the final analysis, republicans hate America.
 
2011-12-06 08:51:49 PM
Economic improvement == Obama gets re-elected.

Every legislative decision the GOP makes on fiscal policy is predicted by this one rule.
 
2011-12-06 09:03:58 PM
LouDobbsAwaaaay: Economic improvement == Obama gets re-elected.

Every legislative decision the GOP makes on fiscal policy is predicted by this one rule.


Additionally, yes.
 
2011-12-06 09:14:27 PM
There you have it, the GOP will do whatever they have to inorder to ruin the economy and crush the American people for their fascist masters and selfish political ends.
 
2011-12-06 09:51:53 PM
Pocket Ninja: Size doesn't really matter, subby. I mean, when you get right down to it, all businesses are "small" when you compare them to one that's bigger. I mean, imagine if all businesses were rated on a size scale that went from, say, 3 to 14. With one or two being just, you know, a lone operation or something like that. A size 7 business would feel really big, might even adopt a bit of a swagger, when it encountered a size 4 or 5 business. And those businesses might feel above adequate when they're sharing office space with a size 3. And then a size 13 walks in and suddenly they all feel like junior midgets. But that's just stupid, see? It's not how big the business is, it's how well it does its business. A size 3 business can still perform business as well -- and sometimes even better than -- a size 14. When you understand that, subby, you'll understand why it's so important to approach things like this with an open mind.

Thus, ladies and gentleman, you have the GOP's explanation for S-Corp status.

/Good stuff, as usual.
 
2011-12-06 11:50:13 PM
LouDobbsAwaaaay: Economic improvement == Obama gets re-elected.

Every legislative decision the GOP makes on fiscal policy is predicted by this one rule.


And McConnell himself said their number one priority is to make Obama a one-term president.

Therefore, the Republican's STATED, NUMBER ONE PRIORITY is to ruin the United States economy.
 
2011-12-07 12:00:07 AM
Goddammit, you shiatdicked farkhat. I send you a well reasoned and fully cited explanation why the sky is blue, and you tell me it's red because you believe that a red sky is better for the people of Kentucky. And if Obama said your family were "good people", a common saying here, you'd probably go home and do something terrible to them just because he's part Negro. Like turn off their cable bad, because you're that sort of person.

Even Pocket Ninja [TotalFark] cannot make this better. You're a turtle-assed fartheaded window licking double rainbow seeing transexual dwarf ball gargling Santorum eating 1 percent being money having elitist 99 percent hating sack of dogshiat. You and your millionaire friends can go fark yourselves with your gold plated dildos. Which you probably do, because you're a Republican, and they do that. You've never denied it, so I'm sure it's true.

I hope you fall down the stairs while eating peanut butter, break your neck, though not fatally, and your dog, assuming you have one, gets inexplicably excited by your inability to say know and farks you like you've farked the rest of the country. And you're conscious the whole time, and your health care, provided by the constituents who hate you, brings about your full recovery, because I would never wish you permanent harm.

Not intended to imply actual malice towards anyone, of course. Cocaine is a hell of a drug.

/go ahead and test me
//you've seen Dave Chappelle, right?
///oh, he's black, you wouldn't know him
 
2011-12-07 12:06:28 AM
MyRandomName: I love how in order to give a one year "Tax holiday" on a program that isn't even a tax, Liberals want 10 years of tax increases to the general fund, because we all know this magical Lock Box for SS really exists *wink wink*. Can you at least be honest. You want a tax increase and the ability to spend more of the general fund for increased revenue. This is not going into a lock box.

Even if that shiat that's falling out of your mouth were true, I'd rather it be spent giving healthcare and food to needy Americans than to morally-bankrupt multinational corporations whose Weeners will be to outsource more jobs.
 
2011-12-07 12:07:30 AM
iaazathot: There you have it, the GOP will do whatever they have to inorder to ruin the economy and crush the American people for their fascist masters and selfish political ends.

And they're not even hiding it anymore. And members of their own party are starting to revolt. I cannot honestly see how this party can really hold itself together, I just cannot.

LouDobbsAwaaaay: Economic improvement == Obama gets re-elected.

Every legislative decision the GOP makes on fiscal policy is predicted by this one rule.


And thanks to the Internet, more and more people are desperate and are seeing the Republicans, beholden to their masters, go about their business without a goddamn care in the world. It's not even trying to hide their callousness, but actively pushing it like it will cause more moderates to side with them to win. And win what? They aren't even running any candidates that could even get close to winning. It's all about stripping America like a bought business: strip all the value out of it and then leave it to seed. The Republicans are truly the worst people of this century.
 
2011-12-07 01:24:48 AM
Silverstaff: I never vote for him, but he keeps turning up anyway. Must be a lot of morons around here.

Kentucky.
 
2011-12-07 08:37:57 AM
Xenu's Giant Pink Replicock: Goddammit, you shiatdicked farkhat. I send you a well reasoned and fully cited explanation why the sky is blue, and you tell me it's red because you believe that a red sky is better for the people of Kentucky. And if Obama said your family were "good people", a common saying here, you'd probably go home and do something terrible to them just because he's part Negro. Like turn off their cable bad, because you're that sort of person.

Even Pocket Ninja [TotalFark] cannot make this better. You're a turtle-assed fartheaded window licking double rainbow seeing transexual dwarf ball gargling Santorum eating 1 percent being money having elitist 99 percent hating sack of dogshiat. You and your millionaire friends can go fark yourselves with your gold plated dildos. Which you probably do, because you're a Republican, and they do that. You've never denied it, so I'm sure it's true.

I hope you fall down the stairs while eating peanut butter, break your neck, though not fatally, and your dog, assuming you have one, gets inexplicably excited by your inability to say know and farks you like you've farked the rest of the country. And you're conscious the whole time, and your health care, provided by the constituents who hate you, brings about your full recovery, because I would never wish you permanent harm.

Not intended to imply actual malice towards anyone, of course. Cocaine is a hell of a drug.

/go ahead and test me
//you've seen Dave Chappelle, right?
///oh, he's black, you wouldn't know him


You left off "thumb-dicked shiat sorceror"
 
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