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American Capital Agency Corp. Message Board

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  • anti_you Dec 3, 2012 9:48 AM Flag

    Fiscal cliff job creators

    I am a business owner. I hire more people to expand my business.
    When taxes rise on me and on my customers I am less likely to hire and more likely to layoff employees.
    It makes more sense for me to layoff employees because I will not have the business to support them.

    You have clearly never owned a small business.

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    • It depends on the tax rate. A flat tax of 10% is absurd. A tax of 30-40% is reasonable for the highest tax bracket. 60-70 cents of profit is better than 0 cents of profit.

      Anything above 40% would start to deter business owners from expanding or starting a new business.

    • The crash of 08 and the election of Barack Obama has caused a lot of latently irrational people to openly express their irrationality. They feed off each others statements and get reinforcement and from talk radio.

      Like anyother human endeavor, there are a lot of business people who simply dontbknow what they are doing, some manage to get by on luck.

      You might own a business but thats no indicator that you have the faintest clue what you are talking about, which your statement shows is the case.

      • 2 Replies to hgff101
      • anti_you Dec 3, 2012 10:37 AM Flag

        Im sorry,
        You must be a college student with no real life experience...
        No successful small business owners make it on luck.
        You make your own luck

        Thats the problem with liberals, you think if you fail it must be the system. ( it couldnt be you)
        If someone succeeds it is luck, or wealth., or the govt.
        Not everyone is the same, everyone has a different work ethic, some people work harder than others. Its not everyone's station in life to own a house, or a car, or an iphone.

        When you graduate and grow up you will learn this.
        Best of luck in school.

      • Anti_you, Let me be as careful to illustrate what we are dealing with here by pointing out what you have conveyed to us as your methods of planning to size production for demand in your business:

        You stated that instead of using any measures or current demand and forcasting, or keeping up with the leading economic indictors and local economic macro forcasting, you simply assume that a tax increase will automatically cause a drop in demand, and you lay off workers even before seeing any confirmatory signs of your assumption.

        This is how you run your business?

        Does that mean that whe you saw all the tax cuts in 08 you ramped up hiring in anticipation of increased demand due to lower taxes and thats how you prepared ofr the recession of 08-09?

    • you are incorrect. Most small business owners are greedy buffoons, that is why most fail in the first 3 years.

    • Citigroup just laid off people and the stock went up 4%. Look how well stocks did in 2009 when the rest of us were unemployed.

      Sentiment: Buy

19.365-0.185(-0.95%)2:12 PMEDT