16
Oct
08

Obama’s 250k Cutoff

I used to own a small buisiness and 250k a year tax cutoff is an absolute JOKE.

Obama’s Idiot statement: “The majority of small businesses make less than $250.000.00 a year”

That is absolute bullshit. I had a small business (SOLE PROPRIETOR) and in total receipts (which is what the Small Business Association goes by – or number of employees) I would have a tax raise and I was the ONLY employee!

Who employs the most people in the US? Small businesses. This tax raise will KILL a LOT of those businesses and guess what… Guess who will feel the tax raise the most… The Employees that are let go because the business cannot afford to keep them on the payroll now..

But,,, hey,,, it’s Obama The Buffoon – the All Mighty, the most merciful one, the messiah..

This will be a total disaster – but you wanted it – something for nothing and you’re going to get it, but it won’t be what you think…

Just Say hello and wave to all the other idiots in the unemployment line…

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2 Responses to “Obama’s 250k Cutoff”


  1. 1 Dan
    October 28, 2008 at 1:47 pm

    You do realize the 250K refers to profits, right? If your business was making that much profit, I think you’re doing ok.

  2. 2 TEP
    October 28, 2008 at 2:25 pm

    Nope… It refers to gross receipts – not profit. Check the cut-off again.
    250k in receipts is nothing. Nearly ALL small businesses does this – even “mom & pop” small businesses.

    It’s not 250k profit.


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