Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (38420)	10/16/2008 1:45:34 PM
From: cirrus	Read Replies (2) \| Respond to of 149317

The payroll taxes are at least fixed as a percentage of payroll. The real issue is health care. This cost is the largest expense after wages and so unpredictable... costs are rocketing up annually by double digits and it's difficult to budget. Plus the paperwork is horrible. That cost is a barrier to hiring because you can't really know what health care is going to cost per employee next year. Most small businesses are passing part of the expense to the employee, who obviously doesn't like it, particularly when they pay local taxes and see public employees getting full family coverage at costs of $12,000 annually. Put on a national sales tax for a single payer health care system. Equalize health care costs across the economy and small business activity would skyrocket.

To: Lizzie Tudor who wrote (38420)	10/16/2008 5:37:58 PM
From: manalagi	Respond to of 149317

I was not quite sure what Joe the Plumber was talking about. Obama mentioned over $ 250K revenues, and maybe Joe meant that as well. Well, if the revenues are around $ 250K, the profit must be much less, and he does not have worry since his taxes will be reduced.