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#10 | |
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Playmaker
Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
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Re: Arizona's New Immigration Law
Quote:
The only credit that I'm aware of recently is the one where if you hire a previously unemployed worker there's a $ 1000 / yr. credit or so. Most small business are running barebones employee wise in this economy. Unless things make a drastic turn high and to the right, there isn't going to be much hiring in the small business sector. You also forgot to mention the 3 years increase in the minimum wage from 2007-2009 ($ 5.85 - $ 7.25 / hr.) over 19% in three years. I haven't seen a 19% pay increase during that time, and the revenue from my business hasn't seen a 19% increase either. So who is required to pay the increased wages.....oh right, the small business owner must take from his/her bottom line to cover it. If Gov't would get out of the way with over-regulation and social engineering, the 300M would be able to obtain cost-effective insurance in the private sector, with the poor qualifying for gov't programs/assistance. And probably the most important point.....the gov't isn't "giving" us anything with tax credits and cuts. Money (profit) is generated by the small business and is property of the small business owner/s, not the gov't. The tax credits/cuts are just the gov't dictating how much needs to be paid. P.S. Fairtax eliminates taxes on small business altogether and lets businesses focus and make decisions based on profit, not tax ramifications.
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"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996. |
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