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Forum: LiquidLounge
Re: POLL: The economy...What are your personal harships? What are you 'doing without' or having to charge? bigsurfwaves New
Re: If people are doing as you say personally, think about it nationally.  GWB has spent.................. Terrell New
Re: Thanks and nice post...you are the only one so far who actually answered the poll. bigsurfwaves New
Re: The tax burden will only be passed along to the extent people are willing to pay more for the product. GRITS New
Date: Sep 05 2008, 19:14 GMT
From: snowwrestler

	If you raise taxes on a business, it creates an additional expense will need to either be met with increased revenues (raise prices or volume) or increased capital (draw down savings, take a loan, or sell stock). Taxes on businesses trickle down directly. But if you raise taxes on the capital gains of the stockholders of a company, that expense is not passed directly into the balance sheet of the company. Each stockholder pays their own tax from their own personal balance sheet--not the business's.

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Might the average stockholder fall into that "over $250K" category Obama mentioned as a cut-off? <NT> GRITS New

Did he suggest a specific policy with that cut-off, or was that just his guess for what make a person "rich"? <NT> snowwrestler New

He specifically used $250K as a cut-off for taxes - people making less than that would get a cut. <NT> GRITS New

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