In economic speech, Obama reveals true colors (and reveals he is insane)

[Raider Ronnie]

Going back 5-7 years a small business worked 4 months for the fed & state before the business saw one dime of profit.
Now a small business works 7 months a year for the state & fed.

Originally Posted by Nebe

I think his point about "you didn't make that" is that your business was built on the backs I your employees.
Cost of living has gone up about 20%-30% in the last 15 years... Wages... Not so much.
Must be that mental illness again
Posted from my iPhone/Mobile device

Posted from my iPhone/Mobile device

[Slipknot]

google it and it has a crapload of pages http://www.google.com/search?q=If+yo...w=1280&bih=638
I think he's getting too much publicity from this


people are going to spin it however they take it or see fit

truth is the truth, he said it


sounds like desperation to me

3-1/2 years and has not accomplished much

America is tired of going backwards

[justplugit]

Originally Posted by Slipknot

google it and it has a crapload of pages If you?ve got a business, you didn?t build that. Somebody else made that happen - Google Search



sounds like desperation to me

My exact thought.

[zimmy]

Originally Posted by Raider Ronnie

Going back 5-7 years a small business worked 4 months for the fed & state before the business saw one dime of profit.
Now a small business works 7 months a year for the state & fed.





Posted from my iPhone/Mobile device

Source? I can't say if you are right or not, but a quick search shows this from the CBO as reported in the wall street journal

"Total corporate federal taxes paid fell to 12.1% of profits earned from activities within the U.S. in fiscal 2011, which ended Sept. 30, according to the Congressional Budget Office. That's the lowest level since at least 1972. And well below the 25.6% companies paid on average from 1987 to 2008."

Tax Break Pushes Corporate Taxes to Just 12.1% of Profits, Lowest Level in 40 Years - WSJ.com

and this:
"Small business sole proprietorships pay an average
effective tax rate of 13.3 percent. Sole proprietors
make up 84 percent of businesses with gross
receipts of less than $25,000 (13.5 million out of
15.9 million)." http://archive.sba.gov/advo/research/rs343.pdf