door entry problems over jobs but affects got ok so any they say were to
help small businesses are killing us pretty good it's not that that better
than helping big business in the bankers and well wall street separate
but the president has altered the trickier as adults and com
they say what we need a twenty percent tax credit to small businesses first of
all
what's the answer
for any question
that papers for policy there's respond
favors domestic policy jackson break out their tax so
urinary tract
turns out
with a business small business is brisk it with companies with the under five
hundred employees
and guess who happens to be a lot of those businesses
hedge funds in new york
so explode billionaires wouldn't it
another
twenty percent tax break
bob already means explains that already have
yes you're on the local really
backpack and knows that this helps
interesting are
now and when you use an amazing sasser
you at least one in particular you know that in the middle of the great research
this is not in good times and bad times
the average hedge fund employees not the guy who was attachment ploy
the average employer that spot
made nearly
hard-drinking
thousand-dollar
and out of stock
hoti guessing that that is in salary seventies
i don't know i'm only guessing that honor bonuses are not computer now
because they vary so much a part of
and there but the way the reported i think is very different and and
became the way the use of licensing jagged the amount of money
and the republican plan for creating jobs is give those guys another twenty
percent off
now the you can decide if you can use that to say the shouldn't give prepare
tax breaks to small businesses
i think tax breaks are not the way to go for any business
kisses inefficient right
effect on the other only one who thinks that
here is uh... chief economist for the conservative national federation of
independent business
intended as a small business
uh... uses giving him a small business guy
twenty thousand dollars still say
i could buy a new delivery truck
but i have nobody to deliver to fulfill
because his point is
you're much better off stimulating the economy
so that they actually have demand so that they actually have clients and
customers they could deliver stuff too
andy's absolutely right about that
so i think taxes in general for businesses deathly the wrong way to go
but if you can do this so-called small business
tax break
you got at least figure out a way so that doesn't go to the richest people in
the country again
and it doesn't actually create jobs
but of course
that is the return of course it is courses are intense always their intent
and
you don't want it to the hedge fund the let's remember that people invest in
hedge funds
what the tax rate they pay on their own uh... in the first place is it's it's
less than what we did fifteen percent so i mean they're getting attack to break
for having the hedge fund animate only pick fifteen percent in taxes in the
first place for a home with the investor unexplained injustice just a tad better
right bs
i think a lot of people don't know that so now they know they i think a lot of
people know that if you put in capital gains have given us you know you invest
in the stock market
and usually pay fifteen percent that's already outrageous psychosis
for example capital gains and there's another study faq
fifty percent of capital gains goes to the top
point one percent not wanted top point one percent
so when the fifty percent tax rate this advanced in cuba where the rest
but the hedge fund us
or private equity more you know acai berry levels of an idea yet big is
didn't know there tax-free they're not investing their on money a lot of times
in the market
to get a capital gains are dividend break they're missing all other people's
money that's their job that so they get in income poor whites salary for
the take that salary and they should take the top rate for that is there's
been a millionaire's
bishop a thirty five percent
but they invented something called carried interest
specifically for these private equity guys like me around
so they pay fifteen percent on the income
so if you're a plumber and you get paint you gotta pay whatever your rate is
unusually if it's if you're a bob as an individual you're above thirty six
thousand dollars
you're paying twenty five percent
project your plumber your dentist
your pay only thirteen percent its own outrageous
the women ronny was asked about it this week
he couldn't defend it
and he's like operable yeah i got my guess on the rethink that he said that i
know
that's how stunningly outrageousness