tag:blogger.com,1999:blog-12897315.post3653790329389779082..comments2024-03-28T08:15:02.660-05:00Comments on Dad29: Stuff That Obozo Doesn't MentionDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-12897315.post-80912891954903566422012-09-16T05:38:25.579-05:002012-09-16T05:38:25.579-05:00Jump right in, Anony, and 'splain it all for J...Jump right in, Anony, and 'splain it all for Jimbo. I'll correct your work.Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-6187891200766477302012-09-15T23:26:25.130-05:002012-09-15T23:26:25.130-05:00And neither do you, Dad29.And neither do you, Dad29.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-80811959661895284402012-09-15T20:02:00.568-05:002012-09-15T20:02:00.568-05:00Jim doesn't understand "SE Corner" m...Jim doesn't understand "SE Corner" much less terms like 'imputations.'Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-32653527944882594242012-09-15T11:21:51.230-05:002012-09-15T11:21:51.230-05:00TO: Jim.
Your sightedness is obviously short...&...<br />TO: Jim.<br /><br />Your sightedness is obviously short..."...sing past your nose...", said Frank.<br /><br />You calculate hiring like it is black and white.<br /><br />If you've ever executed any REAL hiring(s), as I have, there is/are always imputation(s) of risk(s) management(s), configured for real numbers, and cost(s) of doing business, i.e., cost(s) of hiring, already endemically real number calculable.<br /><br />Top down accounting (i.e., private sector) demands imputation(s) of risk(s). Not so much with bottom line up accounting (i.e., public sector, etc.) as bottom line up accounting, by design, forces imputation(s) of risk(s) in "starting" numbers.<br /><br />Simple remuneration(s) (pre-/post-tax salary(ies), benefits, etc.) calculations pre-tax is/are nowhere NEAR what is considered in hiring.<br /><br />Imputing in risk(s) management (possible (future) law suits over terminations, etc.; government imposed sanctions, i.e., Affirmative Action, etc.; cost of back end SSI; UIC premium payouts changing; etc.) as well as pre-calculated "cost(s)-of-hiring" (man hours involved in hiring; hiring tests; third party vendor payouts (contract/consulting firms, bullshit psychological testing, etc.); etc.) are requisite hiring costs considerations when deciding on human resources expansions.<br /><br />It is all these imputed "grey matter" areas that private sector deem "hiring-tepid" at this time...and NONE of these "grey matter" escrow areas are pre-tax.<br /><br />I do NOT, however, agree with the lack of human resources investment by huge corporations that are sitting on $trillions. No hiring, no training, nuthin'.<br /><br />That, here in America, in a technology driven age, is bullshit.<br /><br />But, of course, offshoring, outsourcing, H1-B'ing, other visa'ing, PERM lawing, and other "politicians-selling-us-down-the-river" demises are acceptable...as long as it DOESN'T benefit the American taxpayer paying for it.Saint Revolutionnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-49022203565024111712012-09-12T22:01:56.225-05:002012-09-12T22:01:56.225-05:00Jim sucks off ni66ers behind grocery stores.Jim sucks off ni66ers behind grocery stores.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-79488561073018624612012-09-11T22:26:53.889-05:002012-09-11T22:26:53.889-05:00No, Jimbo, I know some rules on taxes.
Try again....No, Jimbo, I know some rules on taxes.<br /><br />Try again. See if you understand the need for a solid SE corner.Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-90395673399791908362012-09-11T14:31:28.804-05:002012-09-11T14:31:28.804-05:00Dad will know, Non.Dad will know, Non.Jimhttps://www.blogger.com/profile/10004209843701697773noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-47649806534281635552012-09-11T11:32:28.583-05:002012-09-11T11:32:28.583-05:00I see nothing about 'depreciation' in Dad&...I see nothing about 'depreciation' in Dad's comment.<br /><br />Where did you find that?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-40810227478041400922012-09-11T11:02:09.684-05:002012-09-11T11:02:09.684-05:00Not that we were talking about machinery, but are ...Not that we were talking about machinery, but are you saying that a small business deducts depreciation on capital equipment AFTER tax?<br /><br />Which accounting rule is that?Jimhttps://www.blogger.com/profile/10004209843701697773noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-10318047831683406242012-09-11T05:25:29.724-05:002012-09-11T05:25:29.724-05:00....and you're leaving out "capitalizatio.......and you're leaving out "capitalization", Jimbo. <br /><br />One does not hire people--nor acquire machinery--without the foreseeable ability to add to the SE corner of the balance sheet in the long term.<br /><br />That is after-tax. It is crucial to sustaining the business and for future growth.<br /><br />You can ask any lender in your former employer's office. It's called "finance 101."Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-87731268315149068862012-09-10T23:13:26.983-05:002012-09-10T23:13:26.983-05:00You're leaving out (at least) one thing, Dad. ...You're leaving out (at least) one thing, Dad. Any compensation paid to that new employee is pre-tax. He could hire 20 new employees and his taxes would have nothing to do with it. You don't have to have after-tax profit to hire a new employee. You have to have enough demand to make the sales that would pay for the new employees PRE-TAX. Whether a small business has 2 employees or 20 employees, its tax liability is based on net profit after paying for however many employees it has.<br /><br />This whole "can't raise the tax rate or they won't hire" crap is...well, crap. As someone recently said, in a word, it's "arithmetic".Jimhttps://www.blogger.com/profile/10004209843701697773noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-58251669108490548462012-09-10T22:08:51.256-05:002012-09-10T22:08:51.256-05:00This may be a challenge for you, Jim.
See, in 200...This may be a challenge for you, Jim.<br /><br />See, in 2008, 2009, and 2010, business was very slow.<br /><br />That's why people did not "add jobs."<br /><br />Now that there is some lame and halting recovery, a business owner COULD add employees; but if his tax rate goes up--costing him, say, $35K more next year--he may well decide to add X minus 1 employee ($35K being total compensation for one).<br /><br />Of course, there must be demand sufficient to add X employee(s), AND a large portion (or more) of the tax increase.Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-28617607407735040682012-09-10T20:55:29.353-05:002012-09-10T20:55:29.353-05:00ummm...cuz it's a load of BS? These so-called ...ummm...cuz it's a load of BS? These so-called job creators have been enjoying the tax cuts for TEN years, yet still standing on the sidelines waiting for....what?<br /><br />If only I had a pony...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-55077829121199579072012-09-10T13:11:34.186-05:002012-09-10T13:11:34.186-05:00Any body care to tackle this:
If raising the tax ...Any body care to tackle this:<br /><br />If raising the tax rate on income above (and only that portion above) $250,000 would hurt small-business job creators, why haven't these so-called job creators been creating jobs for the past 3.5 years while enjoying the lower tax rate?<br />Jimhttps://www.blogger.com/profile/10004209843701697773noreply@blogger.com