Best answer:

Answer by Fried Kitten
YOU LIVE IN A DREAM

I’ll make it simple for you.

Firms do not hire people when they are given tax breaks.
Firms ONLY hire people when they can not get the job done
with their existing employees – period.

If you owned a company and the government offered you tax cuts
would you suddenly go out and hire another two employees at $ 30K
each per year if you did not need those two people in order to get
your production out?

No, of course you wouldn’t.
You would simply accept the tax break and pocket the money.

Both democrat & republican politicians promise tax-cuts for businesses
because it sounds good on TV.

Get over it – tax cuts DO NOT create jobs.

Add your own answer in the comments!

Best answer:

Answer by joel g
obama is not raising taxes on small businesses

What do you think? Answer below!

Best answer:

Answer by Colonel Jack Fessender (Ret.)
That’s still too high you socialist pedestrian, they should pay -10% taxes. FACT.

Give your answer to this question below!

Best answer:

Answer by Colonel Jack Fessender (Ret.)
That’s still too high you socialist pedestrian, they should pay -10% taxes. FACT.

What do you think? Answer below!

Best answer:

Answer by honest1
Because we are supposed to believe they have Americas best interests at heart…………………Like we’re supposed to believe it about politicians!

What do you think? Answer below!

http://www.theatlantic.com/business/archive/2010/08/66-percent-of-americans-want-higher-taxes-on-rich-but-theres-a-catch/61373/

News Flash! Those making over $ 250k a year are often small business owners. If you increase their taxes, they won’t hire as many people… so Obama is essentially saying he doesn’t want to create more jobs.

Best answer:

Answer by moron4
i like money.

Know better? Leave your own answer in the comments!

Best answer:

Answer by Cry Baby Obama
How many people are employed by small business in the United States? Or for that matter, how many people are employed at big businesses in the U.S.?

These are seemingly simple questions, but the answers to them hinge on just what the criteria is for deciding what makes a small business and what makes a big business.

Is it annual revenue? Profits? The size of the real estate the business occupies? The number of employees? Just what is it that makes a small business small and a big business big?

The U.S. Small Business Administration doesn’t make it any easier, as they only narrow down the range of possibilities to the business’ average annual receipts (revenue) or its average annual employment. And then, being the government, if you have any questions, they will direct you to a “Size Specialist” at your nearest SBA Government Contracting Area Office or the Office of Size Standards.

The SBA considers 500 employees to be the dividing line between small business and big business, but really, it varies by industry – it can be 500, 750, or even 1000 depending upon what business we’re talking about.

We here at Political Calculations believe in keeping it simple. We extracted the SBA’s data for the number of employees at U.S. businesses, which range in size from 0 to those businesses that employ 5,000 or more, and built a tool to estimate the total number of Americans who work at the businesses who employ the number range you indicate.

Better yet, with our tool, you can estimate how many Americans work at businesses at size ranges other than the official cookie-cutter lists the SBA publishes! Our results will typically be within 2% of those figures and will often be within a half percent of the actual data.

You can find our tool here.

But really, that still doesn’t answer the questions of how many people work for small businesses, and how many people work for big businesses. It’s still ultimately up to you to decide where small business ends and big business begins!

What do you think? Answer below!

Best answer:

Answer by Flawbit
that’s what he thinks yes! either that, or he doesnt care if he makes jobs. he wants those of us hat have the jobs to pay for those that dont.

but dont expect common sense from the left

Add your own answer in the comments!

Best answer:

Answer by Hater Police
None.

Fear mongering, again

Give your answer to this question below!

Is there a set rate for small business or does it work the same?

Best answer:

Answer by Carpenter Charlie
Good question! I can try to help.

If you are truly a “small business” then you will operate as a “sole proprietorship”. Any profits from your business would be reported and paid for as personal income and yes you would pay the same tax rate.

You will file a schedule C “profit and loss statement” along with your 1040 tax form. The business income or loss will be the difference between how much your company had in expenses verse how much your company had in income.

If your company made any money after operating expenses then this will be reported on your 1040 form as “net business income” and added to your adjusted gross income along with any w-2 income.

The combined income from your schedule C and your W-2′s with be taxed at the appropriate personal income tax rate.

If your business is a succeeds, you may wish to become a Corporation. This involves a lot of record keeping and tax filings. However the benefits are that you could take the income from your business as “investment” income also known as “dividends”. The advantage is that dividends are not considered “earned income” and you will not be required to pay social security taxes, Medicaid taxes, or unemployment taxes on these dollars.

This is just a little about the subject. If you are really interested in this topic then you should read the “rich dad, poor dad” series on business.

Just remember, don’t give up. You may fail the first few times. This is how you learn to be better at your business. “Fail forward”!

Add your own answer in the comments!