In The Sulky Forum

General Category => General Harness Racing Discussion => Topic started by: tonyb147 on November 13, 2012, 11:49:10 AM

Title: Please Raise My Taxes Says This Millionaire
Post by: tonyb147 on November 13, 2012, 11:49:10 AM
http://www.cnbc.com/id/49791372 (http://www.cnbc.com/id/49791372)

I ran across this last night. Interesting to see how he is away from his life in harness. After watching this it reinforces my positive opinion of the man.

 bowdown
Title: Re: Please Raise My Taxes Says This Millionaire
Post by: BretHanover on November 13, 2012, 01:18:56 PM
Big difference between the guy making $250k-$350k and what Gural is making!! The small biz owner making $250k with several employees (like the company I work for) will be much more heavily affected by this than Mr. Gural.  Higher taxes will equal hiring freezes where I work.
Title: Re: Please Raise My Taxes Says This Millionaire
Post by: The Skipper on November 13, 2012, 03:03:31 PM
http://www.cnbc.com/id/49791372 (http://www.cnbc.com/id/49791372)

I ran across this last night. Interesting to see how he is away from his life in harness. After watching this it reinforces my positive opinion of the man.

 bowdown

 thumbsup thumbsup thumbsup
Title: Re: Please Raise My Taxes Says This Millionaire
Post by: Jeremy on November 13, 2012, 03:26:11 PM
Big difference between the guy making $250k-$350k and what Gural is making!! The small biz owner making $250k with several employees (like the company I work for) will be much more heavily affected by this than Mr. Gural.  Higher taxes will equal hiring freezes where I work.

Are you referring to profit or sales?

If I was making 250k profit, I would be hiring more people to try to expand my business or buying more equipment in the next 4 years and reap the benefits when the next president comes in and makes similar tax cuts to Bush.
Title: Re: Please Raise My Taxes Says This Millionaire
Post by: careless hal on November 14, 2012, 03:39:53 AM
Title: Re: Please Raise My Taxes Says This Millionaire
Post by: Just Saying on November 14, 2012, 05:56:36 AM
President Reagan fell for that deal. He agreed to a deal to allow a tax increase to go along with spending cuts... the cuts never came. (in DC speak a cut is never a cut, it's a reduction in rate of growth)

He wised up and engineered a major tax rate cut and the actual number of dollars to the treasury nearly doubled. JFK preached the same thing when I was a kid.