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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
deep breaths mccain
easy does it killah
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Posted 10/15/08 9:33 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
Hi-Fi55
12 years...wow....
Member since 2/06 2984 total posts
Name:
Dianne
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Re: Debate '08
Posted by mrswask
Posted by prncss
Posted by stinkysmom80
My DH has a small business, There are ways to get around showing a profit
You need a GOOD ACCOUNTANT!!!!!!
One of my best friends is an accountant and she said very rarely do small business show a profit, and if they did, they would not use her accounting firm the next year
Isn't that tax evasion?
ding ding ding ding ding
Wow....just wow 
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| Posted 10/15/08 9:33 PM |
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groovypeg
:)
Member since 5/05 2423 total posts
Name:
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Re: Debate '08
obama looks a bit under the weather. very tired looking.
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| Posted 10/15/08 9:33 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
wow
he's PROUD of the people who come to his rallies??
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| Posted 10/15/08 9:34 PM |
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HelenZ
So worth the wait :)
Member since 10/07 2862 total posts
Name:
Helen
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Re: Debate '08
Posted by MrsERod
deep breaths mccain
easy does it killah
 damnnnnn he was squirming around like he had to go to the bathroom he couldn't WAIT to respond
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| Posted 10/15/08 9:34 PM |
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mrsej
The cutest!
Member since 1/07 2495 total posts
Name:
Mommy
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Re: Debate '08
Posted by ChilisWife
you know what....call me a terrible American if you want, but I work very hard and I pay all the taxes I owe....and in addition to that, I do not want to further "spread my wealth" around!
ITA - the only other thing that could make my night is if McCain calls him out on that small little ACORN scandle.
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| Posted 10/15/08 9:34 PM |
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LittleBlueBug
Happy Mommy
Member since 9/06 4074 total posts
Name:
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Re: Debate '08
Posted by SweetestOfPeas
it's not DH's company. but he helped make it a huge success (he came in when it was making under $2M a yr).
if his boss gets taxed more, someone loses their job. probably not DH, but someone would.
and a small business is defined by # is employees, gross sales and profit margins.
Ok, can you feel a little bad for my dad's company? He is not making anywhere close to 10 million, yet he will be grouped into the same lump. Can you feel bad for my dad, who has plenty on health problems, yet isn't yet eligible for medicare and has to support my mom who is disabled? Or can you feel bad for my DH who works for my dad who will be unemployed? Can you feel bad for the 4 or us who will all lose our roofs-over-our-heads?
Not attacking. I understand that people has no sympathy for million-dollar-businesses. Not all of them are million dollars. After all, how about the poor guy who will lose his job if Sweatest of Peas DH's company gets taxed more? It's not the business in that case that gets punished, it's the middle class employee who is barely making it that is suffering
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| Posted 10/15/08 9:34 PM |
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ChilisWife
God Bless America
Member since 5/05 3572 total posts
Name:
A.K.
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Re: Debate '08
McCain looks like he is just sick and tired of everyone hating him! He just seems so friggin fed up....and it's working for him!
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| Posted 10/15/08 9:34 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
 i don't like the tshirts your supports wear
GET TO THE ISSUES PEOPLE!!!!!!!!!!!!
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| Posted 10/15/08 9:34 PM |
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Michelle1123
Baby #5 on the way!
Member since 9/05 7919 total posts
Name:
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Re: Debate '08
holy crap.
what CRYBABIES!
Both of them.
Delayed reaction....i'm a few minutes behind.
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| Posted 10/15/08 9:35 PM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Re: Debate '08
Posted by Michelle1123
holy crap.
what CRYBABIES!
Both of them.
Delayed reaction....i'm a few minutes behind.
No, no, I'm still baffled by it.
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| Posted 10/15/08 9:36 PM |
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MrsM-6-7-08
<3
Member since 8/06 4249 total posts
Name:
Nicole
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Re: Debate '08
Posted by MrsERod
Posted by prncss
Posted by stinkysmom80
My DH has a small business, There are ways to get around showing a profit
You need a GOOD ACCOUNTANT!!!!!!
One of my best friends is an accountant and she said very rarely do small business show a profit, and if they did, they would not use her accounting firm the next year
Isn't that tax evasion?
BINGO!
It is not tax evasion at all, Sarah Palins husband did not show a large profit, this is what people with small business do.
Here is a copy the article
For the 2007 tax year, Todd Palin's self-employment brought him $66,893 in gross receipts -- $49,893 from fishing and $17,000 from snowmachine racing. But, the returns show, he claimed so many deductions that he reported only $15,513 net profit from the fishing operation and claimed a $9,639 loss from his racing, leaving him with an overall net income of only $5,874.
The self-employment deductions left the Palins, who have four dependent children, with a 15 percent tax rate for 2007 and a rate of less than 10 percent for 2006. Todd Palin also deducted for the business use of their home in Wasilla. A fifth child was born to the couple this year.
Todd Palin offset his $17,000 gross receipts for snowmachine racing by claiming $10,858 in depreciation, $2,425 for car and truck expenses and $1,559 for supplies. An additional $11,405 was claimed for "other," which included fuel, entry fees, equipment parts, repairs and maintenance, cell phone, memberships, "sponsorship apprec" and "gear."
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| Posted 10/15/08 9:36 PM |
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VirginiaDeb
Don't eat me, hippo!
Member since 5/05 9252 total posts
Name:
Deb
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Re: Debate '08
ZZZzzzzzzz.
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| Posted 10/15/08 9:37 PM |
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mrsej
The cutest!
Member since 1/07 2495 total posts
Name:
Mommy
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Re: Debate '08
Posted by LittleBlueBug
Posted by SweetestOfPeas
it's not DH's company. but he helped make it a huge success (he came in when it was making under $2M a yr).
if his boss gets taxed more, someone loses their job. probably not DH, but someone would.
and a small business is defined by # is employees, gross sales and profit margins.
Ok, can you feel a little bad for my dad's company? He is not making anywhere close to 10 million, yet he will be grouped into the same lump. Can you feel bad for my dad, who has plenty on health problems, yet isn't yet eligible for medicare and has to support my mom who is disabled? Or can you feel bad for my DH who works for my dad who will be unemployed? Can you feel bad for the 4 or us who will all lose our roofs-over-our-heads?
Not attacking. I understand that people has no sympathy for million-dollar-businesses. Not all of them are million dollars. After all, how about the poor guy who will lose his job if Sweatest of Peas DH's company gets taxed more? It's not the business in that case that gets punished, it's the middle class employee who is barely making it that is suffering
ITA - my DH works in finance and we are not making the millions and he and his friends are all sweating that Obama is going to get elected b/c his tax policies on companies are going to cut jobs - there was that great wall street journal article.
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| Posted 10/15/08 9:37 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Debate '08
Posted by LittleBlueBug
Posted by SweetestOfPeas
it's not DH's company. but he helped make it a huge success (he came in when it was making under $2M a yr).
if his boss gets taxed more, someone loses their job. probably not DH, but someone would.
and a small business is defined by # is employees, gross sales and profit margins.
Ok, can you feel a little bad for my dad's company? He is not making anywhere close to 10 million, yet he will be grouped into the same lump. Can you feel bad for my dad, who has plenty on health problems, yet isn't yet eligible for medicare and has to support my mom who is disabled? Or can you feel bad for my DH who works for my dad who will be unemployed? Can you feel bad for the 4 or us who will all lose our roofs-over-our-heads?
Not attacking. I understand that people has no sympathy for million-dollar-businesses. Not all of them are million dollars. After all, how about the poor guy who will lose his job if Sweatest of Peas DH's company gets taxed more? It's not the business in that case that gets punished, it's the middle class employee who is barely making it that is suffering
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| Posted 10/15/08 9:37 PM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Re: Debate '08
Posted by stinkysmom80
Posted by MrsERod
Posted by prncss
Posted by stinkysmom80
My DH has a small business, There are ways to get around showing a profit
You need a GOOD ACCOUNTANT!!!!!!
One of my best friends is an accountant and she said very rarely do small business show a profit, and if they did, they would not use her accounting firm the next year
Isn't that tax evasion?
BINGO!
It is not tax evasion at all, Sarah Palins husband did not show a large profit, this is what people with small business do.
Here is a copy the article
For the 2007 tax year, Todd Palin's self-employment brought him $66,893 in gross receipts -- $49,893 from fishing and $17,000 from snowmachine racing. But, the returns show, he claimed so many deductions that he reported only $15,513 net profit from the fishing operation and claimed a $9,639 loss from his racing, leaving him with an overall net income of only $5,874.
The self-employment deductions left the Palins, who have four dependent children, with a 15 percent tax rate for 2007 and a rate of less than 10 percent for 2006. Todd Palin also deducted for the business use of their home in Wasilla. A fifth child was born to the couple this year.
Todd Palin offset his $17,000 gross receipts for snowmachine racing by claiming $10,858 in depreciation, $2,425 for car and truck expenses and $1,559 for supplies. An additional $11,405 was claimed for "other," which included fuel, entry fees, equipment parts, repairs and maintenance, cell phone, memberships, "sponsorship apprec" and "gear."
You can call me prncss, but I'm still Rachel.
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| Posted 10/15/08 9:37 PM |
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Michelle1123
Baby #5 on the way!
Member since 9/05 7919 total posts
Name:
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Re: Debate '08
So, who's going to play Obama in a movie in 10 years?
The Rock or Will Smith?
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| Posted 10/15/08 9:39 PM |
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GioiaMia
Let's Go Rangers!
Member since 1/07 14818 total posts
Name:
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Re: Debate '08
Posted by prncss
Posted by stinkysmom80
My DH has a small business, There are ways to get around showing a profit
You need a GOOD ACCOUNTANT!!!!!!
One of my best friends is an accountant and she said very rarely do small business show a profit, and if they did, they would not use her accounting firm the next year
Isn't that tax evasion?
yes!!!!!!!!
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| Posted 10/15/08 9:39 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
Posted by prncss
Posted by stinkysmom80
Posted by MrsERod
Posted by prncss
Posted by stinkysmom80
My DH has a small business, There are ways to get around showing a profit
You need a GOOD ACCOUNTANT!!!!!!
One of my best friends is an accountant and she said very rarely do small business show a profit, and if they did, they would not use her accounting firm the next year
Isn't that tax evasion?
BINGO!
It is not tax evasion at all, Sarah Palins husband did not show a large profit, this is what people with small business do.
Here is a copy the article
For the 2007 tax year, Todd Palin's self-employment brought him $66,893 in gross receipts -- $49,893 from fishing and $17,000 from snowmachine racing. But, the returns show, he claimed so many deductions that he reported only $15,513 net profit from the fishing operation and claimed a $9,639 loss from his racing, leaving him with an overall net income of only $5,874.
The self-employment deductions left the Palins, who have four dependent children, with a 15 percent tax rate for 2007 and a rate of less than 10 percent for 2006. Todd Palin also deducted for the business use of their home in Wasilla. A fifth child was born to the couple this year.
Todd Palin offset his $17,000 gross receipts for snowmachine racing by claiming $10,858 in depreciation, $2,425 for car and truck expenses and $1,559 for supplies. An additional $11,405 was claimed for "other," which included fuel, entry fees, equipment parts, repairs and maintenance, cell phone, memberships, "sponsorship apprec" and "gear."
You can call me prncss, but I'm still Rachel.
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| Posted 10/15/08 9:39 PM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Re: Debate '08
Posted by Michelle1123
So, who's going to play Obama in a movie in 10 years?
The Rock or Will Smith?
Ooooo, The Rock
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| Posted 10/15/08 9:39 PM |
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igottabeme
Its peanut butter jelly time!
Member since 1/08 2340 total posts
Name:
Wouldnt you like to know! ;)
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Re: Debate '08
Posted by prncss
Posted by stinkysmom80
Posted by MrsERod
Posted by prncss
Posted by stinkysmom80
My DH has a small business, There are ways to get around showing a profit
You need a GOOD ACCOUNTANT!!!!!!
One of my best friends is an accountant and she said very rarely do small business show a profit, and if they did, they would not use her accounting firm the next year
Isn't that tax evasion?
BINGO!
It is not tax evasion at all, Sarah Palins husband did not show a large profit, this is what people with small business do.
Here is a copy the article
For the 2007 tax year, Todd Palin's self-employment brought him $66,893 in gross receipts -- $49,893 from fishing and $17,000 from snowmachine racing. But, the returns show, he claimed so many deductions that he reported only $15,513 net profit from the fishing operation and claimed a $9,639 loss from his racing, leaving him with an overall net income of only $5,874.
The self-employment deductions left the Palins, who have four dependent children, with a 15 percent tax rate for 2007 and a rate of less than 10 percent for 2006. Todd Palin also deducted for the business use of their home in Wasilla. A fifth child was born to the couple this year.
Todd Palin offset his $17,000 gross receipts for snowmachine racing by claiming $10,858 in depreciation, $2,425 for car and truck expenses and $1,559 for supplies. An additional $11,405 was claimed for "other," which included fuel, entry fees, equipment parts, repairs and maintenance, cell phone, memberships, "sponsorship apprec" and "gear."
You can call me prncss, but I'm still Rachel.
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| Posted 10/15/08 9:39 PM |
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ChilisWife
God Bless America
Member since 5/05 3572 total posts
Name:
A.K.
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Re: Debate '08
I don't understand why Obama supporters get so upset when people want to question Obama about ACORN, Ayers, Wright, etc. Obama is explaining it all away anyway, so great, fine, but why do people not have a right to question his character and judgment? It seems to be OK when they criticize McCain's judgment, right?
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| Posted 10/15/08 9:40 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
Posted by Michelle1123
So, who's going to play Obama in a movie in 10 years?
The Rock or Will Smith?
WS all the way
the EARS have it!
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| Posted 10/15/08 9:40 PM |
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VirginiaDeb
Don't eat me, hippo!
Member since 5/05 9252 total posts
Name:
Deb
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Re: Debate '08
I'm so far behind!
Stupid puppy needing to poo!
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| Posted 10/15/08 9:40 PM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Re: Debate '08
Posted by ChilisWife
I don't understand why Obama supporters get so upset when people want to question Obama about ACORN, Ayers, Wright, etc. Obama is explaining it all away anyway, so great, fine, but why do people not have a right to question his character and judgment? It seems to be OK when they criticize McCain's judgment, right?
I'm KIND OF an Obama supporter, not overly enthused, but I guess a supporter and I think everyone should question it all. I'm not upset at all about it
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| Posted 10/15/08 9:41 PM |
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