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Small businesses are where a lot of jobs are created and a way for families to start small but become upper middle class. The Democrats will hurt that and owners will see their dreams crushed
1 posted on 07/31/2022 7:26:14 AM PDT by RicocheT
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To: RicocheT

Small businessmen are the core of conservatism-the enemy to these people. Take them out and the fight is gone.


2 posted on 07/31/2022 7:30:12 AM PDT by DIRTYSECRET
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To: RicocheT

Glad I retired in 2012, sold my 20ac property, buildings, contents and equipment.


3 posted on 07/31/2022 7:39:01 AM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: RicocheT

Let’s look at the facts.

Workforce participation (working age 18-65) in Argentina is 57%
43% people in Benefits

Workforce participation in the US is 58%
42% people on benefits.

Argentina is failing. We appear to be failing, except we have the world currency for a little while longer.

Democrats want to raise taxes so they can
Put more people on the ‘benefit’ side. Chasing Argentina economic choices is a guarantee of failure.

I have a great idea……how about we get rid of benefits in Argentina and the US except those that legitimately need it because of disability (real) and see if we can fix things..


4 posted on 07/31/2022 7:40:31 AM PDT by Pete Dovgan
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To: RicocheT; DIRTYSECRET

Yes, this is the cabal of the huge companies and their government buddies to crush all the smaller businesses. Chains will replace small businesses. Think only a Home Depot, only an Olive Garden and only a Dick’s Sporting Goods.

The 10-year tax “savings” is a pittance on what we waste every year in Government. Along with a huge increase in IRS agents who will be targeting the same small businesses to crush them.

This is WEF-Dem-Union push for total control of elections, guns, food, business and no borders.

The first person who fights back, like J6 people did, peacefully, will be “Chauvin’d” and the Regeime will come down hard on them.


5 posted on 07/31/2022 7:41:47 AM PDT by wac3rd (Somewhere in Hell, Ted Kennedy snickers....)
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To: RicocheT

If the business shows no profit, there is no tax due


6 posted on 07/31/2022 7:43:58 AM PDT by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day)
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To: RicocheT

Wreck all those lives for a measly $18.4 billion a year?


8 posted on 07/31/2022 7:48:00 AM PDT by ComputerGuy (Heavily-medicated for your protection)
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To: RicocheT

Business taxes and hikes are just another hidden tax on you and I, the individual consumer.

As the vile, rogue federal government goes up, our standard of living goes DOWN.


9 posted on 07/31/2022 7:48:54 AM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: RicocheT

Republicans need to run ads explaining that employer taxes are just hidden sales taxes on us.


10 posted on 07/31/2022 7:49:28 AM PDT by aimhigh (THIS is His commandment . . . . 1 John 3:23)
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To: RicocheT

“The proposed expansion of NIIT is expected to raise some $183.6 billion in tax revenues over the next decade, according to the Tax Foundation.”

So giving the government more billions to waste is a good thing because?

And actually if they were just burning it, it would be much better than what they actually do with it which is reward even more irresponsible behavior


12 posted on 07/31/2022 7:50:43 AM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: RicocheT; wac3rd; cgbg

Business taxes and hikes are just another hidden tax on you and I, the individual consumer.

As the vile, rogue federal government goes up, our standard of living goes DOWN.


13 posted on 07/31/2022 7:51:37 AM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: RicocheT
One robs banks if one wants lots of money, because that is where the money is.

One increases taxes on businesses when one wants to generate more money for the fed gov gorilla with a bad spending habit, because that is where the money is.

The businesses have been deputized as tax collectors from the people, because this way the vast reserves of money are tapped,and the politicians escape fault because it is not THEM increasing the cost of stuff, you see.

14 posted on 07/31/2022 7:53:50 AM PDT by going hot (Happiness is a Momma Deuce)
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To: RicocheT
I believe that S Corporations are a way to shelter royalty payments from Social Security taxes.

I believe that President Biden has established an S Corp. That S Corp receives all royalties from his book. The royalties then pass through to him as "income" and is taxed at his income rate. However, Social Security tax is not paid on that "income".

My understanding is that this bill would tax "income" where Social Security taxes have not been paid.

If there are any tax lawyers out there, please comment.

16 posted on 07/31/2022 7:57:09 AM PDT by FtrPilot
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To: RicocheT
The Power to Tax Is the Power to Destroy
17 posted on 07/31/2022 7:57:25 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: RicocheT

Fedgov is a fascist government in the dictionary definition of the word. A few large corporations in Big Tech and Big Pharma run everything and dictate policy.

Bills written, with the help of mega corporations, are designed to destroy small businesses. It’s good for the big government favored businesses to wipe out potential competition and it’s good for FedGov because it is easier to control a few large corporations than thousands of small businesses.


20 posted on 07/31/2022 8:22:02 AM PDT by Flick Lives
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To: RicocheT

In the United States a business with 500 or fewer employees is a small business. This could wipe out a lot of jobs.

I really really really hate the Democrat party at this point. No wonder Grant burned them to the ground.


22 posted on 07/31/2022 8:27:01 AM PDT by packagingguy
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To: RicocheT

He’s small minded

When are any of these supposedly goo gop senators going to come out and say Biden stole the election and is full force stealing the country


23 posted on 07/31/2022 8:30:59 AM PDT by stanne
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To: RicocheT; All
Thank you for referencing that article RicocheT. Please note that the following critique is directed at Sen. Paul and not at you.

"Rand Paul Says More Than 8 Million Small Businesses at Risk of Tax Hike"


FR: Never Accept the Premise of Your Opponent’s Argument

Respectfully to Sen. Rand Paul, why doesn't he effectively exercise one-person “majority” power by publicly exposing unconstitutional, unaccountable, post-17th Amendment (17A) ratification, federal taxing and spending that Congress cannot reasonably justify under its constitutional, Article I, Section 8-limited powers?

Speaking of 17A, the remedy for unconstitutionally big federal government oppressing the people under its boots...

Consider that Trump's red tsunami of patriot supporters need to start working with Trump-endorsed MAGA candidates for federal and state offices ASAP to put a permanent stop to unconstitutional federal taxes.

The states will do this by eliminating the unconstitutional middleman, the unconstitutionally big federal government, from "helping" the states to manage their revenues.

More specifically, the states will eliminate this middleman by effectively "seceding" ALL the states from the unconstitutionally big federal government by repealing the 16th and 17th Amendments.

Once unconstitutional federal taxes are stopped then each state will ultimately find a tsunami of new revenues (imo) that can be used to increase salaries for teachers, police and fire-fighters too. And that's just for starters.

Let's also include the states maintaining their own infrastructure.

Additionally, no more forced compliance with desperate Democratic, politically correct but unconstitutional federal gender civil rights protections in order for school kids to eat likewise unconstitutional federal lunches paid for with stolen state revenues for example.

Insights welcome.

In the meanwhile, Trump's red tsunami of patriot supporters are reminded that they must vote twice this election year. Your first vote is to primary career RINO incumbents in federal and state governments. Your second vote is to replace outgoing Democrats and RINOs with Trump-endorsed patriot candidates.

Again, insights welcome.

27 posted on 07/31/2022 9:16:06 AM PDT by Amendment10 ( )
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To: RicocheT

One of the items not in the one world order plan is small businesses and private farms.

We are on the no oil plan for a reason.


28 posted on 07/31/2022 9:17:43 AM PDT by Vaduz ( )
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To: RicocheT

NET income? or GROSS Income????


29 posted on 07/31/2022 9:51:17 AM PDT by ridesthemiles
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To: RicocheT

Washington Governor Inslee has been working tirelessly to destroy small businesses and the middle class.


31 posted on 07/31/2022 9:54:39 AM PDT by Spok (The Great Reset has promised to destroy our way of life. Believe it!)
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