Unless their PROFIT from that business exceeds...sm
Posted By: oldtimer on 2008-09-19
In Reply to: what about individuals though - cj
$500,000 a year ($250,00 x 2 if both work in the business) they will not pay additional taxes.
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It is the business owner's profit that he...sm
takes home after all expenses are paid.
Kenya has no business in the business of the U.S.
I may be an idjit myself and I am certainly the most cynical of the cynical. While I'm about it, I think Obama's mom was a bit of an idjit for making the decisions she made in life but I guess that was her business.
As for GWB, he certainly does deserve some discussion. Like why did he not straight away pardon those 2 border patrol agents who were the target of the worst miscarriage of justice I have personally ever seen? Could there be something synister there? I think so.
I am most certainly NOT a liberal and by the heart of conservatives, I am NOT a conservative either. I do agree with them (if they really believe it) that abortion and gay marriage are wrong. HOWEVER, my opinion being stated, I believe those are moral issues and as such belong to God and not the government. I also do not believe God requires my assistance in passing judgement on them.
Soooo....with all the problems we were facing, t here are many more important issues than Obama's birth certificate. I drug my feet in voting for Obama but I do have a glimmer of hope that he is working to at least get some plan in place for the day he is inaugerated. Everyone deserves a chance. The American people have spoken so it's time to put this b/c nonissue to rest and get to the business of importance...like millions of people projected to be unemployed and the worst economic crisis since the Great Depression, which if something isn't done and soon we are headed for the worst times most of you have ever seen and you'll have enough to worry about just wondering how you're going to put food on the table.
it's not for profit.
That's the big difference. the money is used for missions, etc. Let's face it, if church was a business the govt would love to get their hands on the taxes. Churches are tax exempt because they are not for businesses.
AND MADE A PROFIT!
http://www.youtube.com/watch?v=Cm5jQEh7exg
I interpret that to mean 30% of the PROFIT, if any...sm
would go to help the low and middle class strapped people who can not now afford their mortgage, but only if and after the $700 billion is repaid. No?
Well, duh. Of course they're for profit
That's why Obama wants a government run healthcare system, so he can dictate EVERYTHING. He wants a government run EVERYTHING as well, so he can dicate everything, because God only knows what we would have done without him all these generations, making our own way and building our own businesses, getting through the great depression, droughts, famine, long before he showed up, only to have him now tell us he'll take care of us. We're such feeble helpless individuals.
profit taking
The rules have not changed yet and the hedge funds are still running loose, betting ups, betting downs. Everything they were doing to get us into this mess is still going on and still legal. Leverage is still high.
I have no problem with a non-profit, non-federally funded...sm
establishment having a code of ethics including religion that is exclusive of other religions.
But I think it is hypocritical to take federal funds and then be exclusive to only your group. It's like taking money out of my pocket and then telling me that I can't participate.
If the profit factor (insurance companies)...
...is removed, we will save a TON of money.
John McCain said she sold it at a profit on ebay. nm
.
Alaskans do get a check based on oil profit taxes that are...sm,
charged by the Alaskan government. That is why the poor Alaskans support her and agree to the rape of their land. A few thousand dollars is a lot of money to them.
Various Bush members enjoy profit from human suffering.
Two articles below:
http://www.latimes.com/news/printedition/asection/la-na-bucky23mar23,1,7624344.story?ctrack=1&cset=true
From the Los Angeles Times
Bush's Uncle Earned Millions in War Firm Sale
An SEC filing shows William H.T. Bush collected about $1.9 million in cash, plus stock valued at $800,000, from the deal.
By Walter F. Roche Jr.
Times Staff Writer
March 23, 2006
WASHINGTON — As President Bush embarks on a new effort to shore up public support for the war in Iraq, an uncle of the commander in chief is collecting $2.7 million in cash and stock from the recent sale of a company that profited from the war.
A report filed with the U.S. Securities and Exchange Commission shows that William H.T. Bush collected just under $1.9 million in cash plus stock valued at more than $800,000 from the sale of Engineered Support Systems Inc. to DRS Technologies of New Jersey.
The $1.7-billion deal closed Jan. 31. Both firms have extensive military contracts.
William Bush was a director of Engineered Support Systems. Recent SEC filings show he was paid cash and DRS stock in exchange for shares and options he obtained as a director.
Before DRS purchased it, Missouri-based ESSI experienced record growth as a result of expanded U.S. military contracts — many to supply U.S. efforts in Iraq and Afghanistan.
The contracts, some awarded on a no-bid basis, include a $77-million deal to refit military vehicles with armor for use in Iraq.
Other ESSI products used in the war include radar and detection services, field medical stations and field electrical generator units.
SEC filings show that two federal investigations of ESSI are underway. One inquiry involves a stop order from the government on the field generators. The order was issued because the units didn't operate properly.
The generator contract was a major source of revenue. SEC files show that ESSI did not tell stockholders about the stop order until last June, about seven months after it was issued.
During the interim, several ESSI executives, including Bush's uncle, cashed in stock and stock options worth millions of dollars, the filings show.
According to one recent filing, the SEC and the U.S. attorney in St. Louis are investigating the delayed disclosure and other matters.
Unnamed members of the ESSI board and corporate officers have been subpoenaed in the inquiry, according to documents.
SEC filings show that William Bush, 67, exercised options on 8,348 shares of ESSI stock on Jan. 18, 2005, about two months after the stop order was issued and six months before it was disclosed. He collected about $450,000 in cash.
Bush, known as Uncle Bucky in the president's family, joined ESSI's board in 2000, several months before his nephew became president.
He heads a St. Louis investment firm and is the youngest brother of former President George H.W. Bush.
He declined to comment Wednesday. However, in an interview last year, he said he played no role in ESSI's winning federal contracts.
I don't make any calls to the 202 [Washington, D.C.] area code, he said.
Patricia Williamson, a spokeswoman for DRS, would not comment on the status of the federal investigations.
The company has said it is cooperating in the probes, which also involve an ESSI insurance contract.
_________________________________________________________________
March 22, 2006, 11:58PM
Former first lady's donation aids son
Katrina funds earmarked to pay for Neil Bush's software program
By CYNTHIA LEONOR GARZA
Copyright 2006 Houston Chronicle
Former first lady Barbara Bush donated an undisclosed amount of money to the Bush-Clinton Katrina Fund with specific instructions that the money be spent with an educational software company owned by her son Neil.
Since then, the Ignite Learning program has been given to eight area schools that took in substantial numbers of Hurricane Katrina evacuees.
Mrs. Bush wanted to do something specifically for education and specifically for the thousands of students flooding into the Houston schools, said Jean Becker, former President Bush's chief of staff. She knew that HISD was using this software program, and she's very excited about this program, so she wanted to make it possible for them to expand the use of this program.
The former first lady plans to visit a Houston Independent School District campus using the Ignite program today to call on local business leaders to support schools and education.
The trip to Fleming Middle School is intended to showcase Bush's commitment to education for both Houston-area and New Orleans evacuee students, according to a press release issued Wednesday by Ignite.
Fleming, which has more than 170 New Orleans students, was one of eight area schools chosen by the Harris County Department of Education to receive a donated COW, or Curriculum on Wheels, multimedia program after Hurricane Katrina.
Neil Bush founded Austin-based Ignite Learning, which produces the COW program, in 1999.
Becker said she wasn't at liberty to divulge how much money the Bush family gave to the hurricane funds, but said the rest of their donation was not earmarked for anything.
Nationally, some other donors also specified how they wanted their donations spent, Becker said.
For example, one man wanted his money to go to Habitat for Humanity but via the former presidents' fund. Nearly $1 million has been raised for the local fund and more than $120 million for the national.
Regarding the fact that Bush's earmarked donation also benefited her son's company, Becker said, Mrs. Bush is obviously an enthusiastic supporter of her son. She is genuinely supportive of his program, and has received many letters from educators who support it. Bush honestly felt this would be a great way to help the (evacuee) students.
Barbara and Neil Bush presented the donated programs to Houston-area schools this winter.
Districts that received the free curriculum include Houston, Alvin, Katy, Pearland and Spring and the New Orleans West charter school.
There are 40 Ignite programs being used in the Houston area, and 15 in the Houston school district, said Ken Leonard, president of Ignite.
Information about the effectiveness of the program, through district-generated reports, was not readily available Wednesday, according to an HISD spokeswoman.
Two years ago, the school district raised eyebrows when it expanded the program by relying heavily on private donations.
In February 2004, the Houston school board unanimously agreed to accept $115,000 in charitable donations from businesses and individuals who insisted the money be spent on Ignite. The money covered half the bill for the software, which cost $10,000 per school.
The deal raised conflict of interest concerns because Neil Bush and company officials helped solicit the donations for the HISD Foundation, a philanthropic group that raises money for the district.
HISD school principals decide for themselves whether to spend their budgeted money on Ignite.
Leonard said that in the past six to eight months, the company has hired national sales representatives across the country — in Florida, New York, Pennsylvania, Georgia and Nevada — in hopes of expanding beyond Texas. Currently, about 80 percent of the company's customers are from Texas.
Last year, Neil Bush reportedly toured former Soviet Union countries promoting Ignite with Russian tycoon Boris Berezovsky.
According to the Times of London, Berezovsky, a former Kremlin insider now living in Britain, is wanted on criminal charges in Moscow accusing him of seeking to stage a coup against President Vladimir Putin.
The purpose of today's event is to showcase everyone's efforts in helping the hurricane evacuee students who ended up in Houston, Leonard said.
We have a role, but we're not the leader in this, Leonard said. He also acknowledged that his company will benefit from the former first lady's visit.
Barbara Bush is expected to observe both teachers and students using the Ignite Learning program while touring classrooms, according to the Ignite press release.
During a short reception, teachers and students will give testimonials about the program and Bush will encourage community business leaders to have a stronger presence in supporting schools and education, the press release said.
The free-standing instructional tools that are not dependent on the Internet. They include a built-in computer, projector and speakers and come pre-loaded with science and social studies courses.
cynthia.garza@chron.com
HoustonChronicle.com -- http://www.HoustonChronicle.com | Section: Houston & Texas
This article is: http://www.chron.com/disp/story.mpl/headline/metro/3742329.html
Bottom line...they made a 68 million dollar PROFIT.
PROFIT is AFTER expenses. So I am thinking they are doing pretty darn well, don't you? They are not in it for the goodness of their hearts.
And it says plainly on the website they will take checks for anything but abortions. So that says to me cash or credit card. IF there is another explanation for that, please share.
It has been awhile since there was a bombing or a shooting, and I don't condone either. Killing abortionists or bombing clinics is not the answer. Changing minds and providing alternatives is the answer. But going with the flow and remaining quiet while mass murder of the unborn goes on is something I cannot do, and sorry if I find it horrifying that PLanned Parenthood makes such a KILLING for killing. THere is THAT.
Can anyone say "spend your $$$ wisely?" Do you realize their profit margins over the years?..
nm
It is none of your business!
Mind your own business.
of course it's our business, she put herself in this
to be under a microscope.
I think that they will go out of business
when any baby boomer without insurance goes out and buys it once he/she has been diagnosed with cancer. Then, when your child needs insurance, there will be no money left to pay for him/her.
Should be NONE of YOUR business how many
nm
Gay is their business...whether or not it is a
nm
Why is that your business?
I am not being hateful or anything. I am just wondering why you consider their marriage or lack of your business?
but again - why is it your business?
If you don't like it, then don't participate in it. I don't believe that biblically gay is acceptable, but if they want to get married and live the married lifestyle, then it does not hurt me. I am not living their lifestyle and I am not participating in their lifestyle. That is their personal decision. It does not affect me or my familiy or my lifestyle one bit by what they do in their home.
I believe that we have much more important things to worry about than whether two gay people are "legally" married or not...
NO - IT IS NOT YOUR BUSINESS
I don't believe your story about 4 of your friends. Too much of a coincidence I would say. You might have just well said you had 12 or more friends who all went through the same thing.
Like the poster said above - until you walk in someone else's shoes mind your own business. People are not put on this earth to meddle in other people's lives (people you don't know) and get involved in things you have no idea about and try to push your viewpoints. News flash - your viewpoints are not always right.
Well, if you want to go into business of producing
vaccines I'll be right behind you cheering you on. If it's such an urgent matter then why don't you do it? Like I said, the government will give you a grant for doing it, but it won't even cover the costs of making the vaccines. Yeah, I'm sure you're ready to fill out that grant request first thing Monday morning.
I worded the vaccine statement wrong. I heard yesterday on the radio, when all the ADD and autism with flu shots was being discussed, the majority of vaccines are now being made overseas, because companies have to take a hit just to make them. THEY SAID that no smallpox vaccines were being made in the U.S. The government does not make it feasible NOR do they protect these companies from litigation.
Do you think the government needs to strong arm drug companies into making vaccines for little or no profit? If you do then you've shifted into a whole other political view.
Business politics
You nailed it when you said business. However, if a conservative had said the same thing you and Lurker just stated you would have disputed that. Liberals swear up and down Murdoch is a conservative Republican, but the truth is Murdoch is all about Murdoch and what sells. His politics is business.
I never dispute big business...sm
I know they rarely have the little guy in mind or stand on principals. Murdoch is down with the republican party right now, but he's thinking about '08 as it appears the tide is changing (bush ratings). He has told the Washington Post that he is not sure if he will back Hillary or McCain in '08. He's waiting to see how the tide rolls to see which propaganda his news engine will push.
That's her business and choice if she does, not yours.
Just because YOU wouldn't be able to handle children plus a job doesn't mean another woman wouldn't. Perhaps your energy or patience level isn't up to it, but I know plenty of women that have high-profile careers and young children and handle both beautifully. It's all about balance. Again, just because you might not be able to find that balance doesn't mean others can't.
What has Obama run by himself. What business?
nm
small business
Me and DH own a small recreation business, and quite frankly, a few years ago, when the gas prices started getting out of control is when our business started hurting. We are taxed individually, not as a corporation, so I don't see anything in O's tax plan that would hurt us. Maybe help us a bit. Most small business owners aren't making a large fortune, those are the big corporations who have so many dam@ loopholes anyway!
Besides the fact that as a new business...sm
owner does he really think he is right away going to have a $250,000 PROFIT anytime soon, if ever. Not likely.
Really who you vote for is your own business.
This way it keeps everyone happy. Being a dem myself and being raised by republican parents, I tend to be on the fence sometimes, but I still consider myself a dem voter. I'm no expert. Otherwise, I'd being doing something other than MT and posting on this board.
Your friends should appreciate the fact that it is a personal decision on your part. 
It becomes my business when they attempt to
Laws affect everyone. They don't want "rights"...they have rights. They just want to change laws to somehow prove they are legitimate, as if the fact they are human doesn't make them a legitimate human being already? I have every right to make it my business when they want to change the laws to suit their lifestyle.
OK, Now I KNOW I am in the wrong business. nm
nm
Anyone who runs a business knows there is
nm
If you are against abortion, that's your business, but...
You have got a lot of nerve comparing abortion to the Holocaust!
My morals are my business.
I am not interested in discussing my morals, especially with people who are trying to shove their morals and their religion down my throat. That's the whole point of my post. Keep your moral and religious beliefs to yourself!
A Better Business Model
If only all business owner's thought this way...
DENVER - Eleven-year FreeWave Technologies Inc. employee Melanie Duran says the wireless data radio maker is a great place to work. But you can judge for yourself.
The Boulder-based company says it has had profits every month since it hired its first employee in 1995. There have been no layoffs. Employees get company-funded retirement plans and bonuses based on profits and growth.
And there's more: As part of a $113 million private-equity investment deal in 2007, FreeWave is sharing $9 million of investors' money with its fewer than 100 employees as a reward for the company's success. Shares are divvied up based on individual performance. FreeWave refused to disclose individual payments.
The $9 million, for eligible employees who were with FreeWave when it won the investment, has been paid out in three installments. Company founders Steve Wulchin and Jonathan Sawyer are handing out the last payments Thursday.
"We're fortunate to have great bosses," said Duran, a production lead. The extra money is helping the 33-year-old close on buying her first house.
"This is something that in today's economy Steve and Jonathan don't have to do, and yet they've chosen to do it," said Tim Ake, a Navy veteran and production manager who has been with FreeWave for about five years. "That inspires me to go and do likewise," said Ake, who typically gives some of his bonuses to his church and to charity.
No business owner in their
Come on...paying back the employees that actually do the work that makes the company succeed?? Creating an atmosphere that makes the employees feel that they have made a contribution to the success of the company and acknowledging their contribution in a financial manner...that is so 1950's.
Do you own a business? If not, you don't have a clue
Small businesses are laying off right now DIRECTLY RELATED to Obama being in office. I personally know several small business owners in this town with anywhere from 50 to 200 employees and they are already laying off and anticipating laying off more BECAUSE of Obama's regulations which he is/will IMPOSE on small businesses, while all the while convincing O lovers such as yourself that job loss has absolutely nothing to do with him!
I know this for a fact! So don't be so quick to give your Obama a free pass.....
He is running this dog and pony show with disasterous results already!
You can't keep pointing your finger at Bush for the rest of Obama's term; Obama is directly responsible for ALL the mistakes he is now making.... why don't you hold him responsible???
I think we know the answer to that question, so never mind.
Then the poster should have kept her business to herself!
She murdered a baby and then comes on here with her little sob story and you boobs eat it up. Oh...you're so heroic ... oh... you're so brave.
Uh... no she's not. She's a baby killer. And if she wanted everyone to stay out of her business, she should have come on here and typed it out on a PUBLIC FORUM!!!!!!
I don't have to walk in a killer's shoes to know I'm not a killer.
If you do, then I pray for the safety of your neighbors. You're quite obviously unhinged.
None of your business, I can post
MY opinion to everything I want, as long as it is not against the rules of this forum.
You are not the owner or moderator of this forum, so do not overstep your boundaries.
It's people like you that need to mind your own business
I would never have an abortion or dream of having an abortion. To me I couldn't do it, but as an MT I know there are a myriad of other issues that one would have an abortion.
How arrogant and "un christian" of you to judge other people.
What would lead someone to have an abortion?... there are many reasons that neither you nor I would be able to think of. Yes, I have typed reports for girls who have had multiple abortions and some that use it as birth control, and I think that's a shame but it's not my place to judge them. I would rather hear of someone who had an abortion rather than bring a child into this world that would be raised in a drug infested, alcoholic abusing, sexually abusing, financially poor household where they would receive no love or attention. Or maybe there is a serious health condition in which this baby would be "impaired" if born.
As an MT I type many reports of girls having abortions. While I feel sad for them I also know that I have no idea what someone else is going through that would bring them to that stage in their life.
It's so easy for you to put a label on them as "muderers". I could argue the same thing if you eat meat. Then you are also part of the group who will murder animals just so you can eat them.
I do believe that a lot of people who have abortions have hearts and a conscious and go through a depression after what they have done, but to be judged by someone who doesn't even know them or what they are going through just adds fuel to the fire.
Stay out of people's business. If someone wants to (or needs to) have an abortion that is between them and their doctor. Not any political figure or religous nutcake.
The girl who has to make the choice of having an abortion should only be judged by one being - our creator.
i dont need to mind my own business!
this is a discussion OPINION board. First - Who said I was out protesting outside of abortion clinics Second, who said I was Christian? Maybe I should have clearly stated my position in the fact that I meant people using abortions as birth control, or just because the pregnancy is an inconvenience should be ashamed. If it is for a medical reason, then I understand! And to people like you that make excuses for why babies shouldn't be brought into the world, it's a little thing called responsibility... and lots of people like you and other pro choicers dont know what that word means! About the drug babies and such... why dont you do some research on how many abortions are had by people like that... i'll give you a clue.. it's NOT a high percentage. if you are a teenager having sex then guess what, deal with what God gave you right? oh wait that's a Christian thing to say huh...
As an IC, I'm considered a small business, so
but not really sure which will benefit me the most. ICs must all think like small businesses and consider taxes based on that, not as individual taxpayers.
I actually don't agree with either one on all tax issues, so I'm still on the fence. I doubt Barack will be able to enact and MAINTAIN the tax cuts he has promised. I agree with giving seniors a break on taxes when they are on a limited budget, for example, but Barack has said seniors making less than $50K. That means if they make $49K (which is more than I make, BTW), they don't have to pay ANY taxes?? Lower that amount a tad and I might see it as reasonable, but a senior making more than me, receiving senior discounts, Medicare, etc., and then not having to pay taxes. Seems a little off balance somehow.
And simplifying tax preparation isn't one of my top priorities, I have TurboTax for that. A lot of his other tax proposals pretty much mirror McCain's so I don't see much difference there, like the R&D, small biz, etc. I like his ideas on taxes, but IMO, his website is full of promises that he will have a VERY hard time fulfilling.
I like that Barack addresses credit card practices. I feel this is a BIG problem. Good creditworthy people are getting screwed by shady practices of credit card companies left and right. I don't see where McCain has addressed this.
I like McCain's summer gas tax holiday, lowering gas prices in the summer, since historically, gas prices always climb through summer especially around the holidays. I also like his HOME plan, as this would make the people truly affected by subprime loans eligible to trade their mortgage. But probably what I like most is McCain's view on healthcare - restoring control to the PATIENTS. I know people that live in countries with Government provided healthcare, and they do not have any more control over that than any of us with paid insurance policies do. I feel the only way to change this issue is to crack down on the insurance companies, force their hands to make premiums more affordable, make them honor their premium terms, limit their restrictions on patients and pre-existing conditions, and do not allow them to tell patients what procedures they can and can't have and what doctors they can and can't see.
talked with a smal business
owner who is days away from master's degree in finance. When I told her that this board was blaming the Federal Reserve Board for this crisis, she laughed out loud. She said that was like blaming sports reporter when a game is lost. She states it is the policy of letting the big financial institutions play fast and loose with people's money by bundling a whole lot of complicated things together (including worthless mortgages) and selling them to others. basically, the republicans saying make money any way you want, hurt anyone you want.
If it is a small business, then it is exempt from this - nm
x
I agree. As a business owner now, if
my taxes are raised, I'm just going to go to work for someone else and close my business down. ALL of my employees will lose their jobs, their benefits, their insurance.
It was $250K including a business....
and $250K for a business is nothing. and since when is rich a bad word. Only when someone is jealous.
I read that they are happy because they think he will get out of their business - nm
x
And think of the small business owner...sm
The SBO who has a small staff, who then would have a jump in payroll but no jump in income, unless of course he raises prices, but the SBO already has trouble competing with the huge box/chain stores. Raising the min wage ends up screwing the SBO who are the backbone of free enterprise in this country.
Having Bible study is NOT a business.....
Are you actually so lame that you believe you have to be in a church to have Bible study? Maybe you need to go to one then.
If Bible study were a business, then having a meeting for cub scouts, girl scouts, weekly poker get togethers would be a business then wouldn't it?
Please...... you and those like you are the problem. They have no beliefs whatsoever in anything and couldn't care less if religious freedom is stripped from us or not.
What a shame! By the way, last time I checked, gays and lesbians have the same rights I do..... they are free to go to Bible study too!!
Any business, no matter what it is, is consumer driven...
and consumers (that would be you too) want things cheaper. And you go where things are cheaper. Lots of people go to 4 or 5 different stores (and probably burn more gas than money they save but I digress) to get something cheaper. In order for that store to give it to you cheaper, they have to cut costs. Soooo...enter offshoring. It is all consumer driven. So, consumers are the real culprits here. As to the disparity in what CEOs make vs what the little guy makes...I have no problem with someone who got an education and worked their way up the ladder. I do not understand this mentality where hard work should not be rewarded. As to what Greenspan said....that is taken out of context...yes, he said it, and you know what he gave as a reason? Education. Some statistics as to how American students test higher worldwide in the 4th grade, not so in the 12 grade. He says it is in relation to education level...that those with better education go higher up the income ladder than those who have less an education...so I take it that since you quoted him you are also of that opinion? What he was talking about had nothing to do with corporations or the way "they" want it. If you take down all the corporations, who is going to provide the jobs? Got an answer for that one?
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