Comments on: How Will Obama’s Tax Plan Affect Self Employed Americans?

By: Obama's Proposed Tax Cuts Total $300 Billion | Ebiz Tax Tips - Tax Tips for eBay Sellers, Online Business and Other Small Business Owners

Thu, 08 Jan 2009 09:50:54 +0000

[...] an earlier post, I asked ‘How Will Obama’s Tax Plan Affect Self Employed Americans?’. Well, more details are emerging as Obama proposes $300 Billion in tax [...]

By: Elaine

Elaine — Thu, 13 Nov 2008 05:26:02 +0000

I like to wait and see what actually passes. Dreaming is great and appreciated — reality is what one lives with on a day-to-day basis.

We can hope .. but, I guess my stand is: “we’ll see”

By: On Being The Change I Wish To See - Sherri

On Being The Change I Wish To See - Sherri — Mon, 10 Nov 2008 22:01:01 +0000

Kristine,

Great article! Kudos for writing something positive about how the tax plan will help people. Considering Obama received 52.3% of the popular vote and McCain only received 46.2%, and Obama won 365 electoral votes to McCain’s 173, I believe he has a clear mandate and you’re just hearing from the noisy, but quite small, right-wingers who have a negative opinion and want it shouted far and wide.

Besides, most people write about controversy and negativity because it makes better news. Nobody seems to want to tune in to “things are going great, here’s all the positive news for today”.

I think you’re just seeing a media and blog bias toward the far right. They will never be convinced about the Obama tax plan even as money flows into their own bank accounts. Those who continue to listen to Rush, O’Reilly and Hannity will never be swayed. They are sheep and will remain sheep.

Denial ain’t just a river in Egypt. Denial has gotten the Republican party off this planet and I’m not sure they will ever come back down to Earth, let alone reality. I’m one of those people who has contemplated leaving the Republican Party since W stole the 2000 election. After all the shenanigans they pulled in 2004 and this year, I’ve had enough, and that party in no way represents what I believe in. As soon as our runoff elections are over in December, I’m changing my party affiliation.

Sherri

By: Kristine McKinley

Kristine McKinley — Mon, 10 Nov 2008 02:14:39 +0000

LOL, love your enthusiasm Maribeth! Unfortunately, I think most people do not share that enthusiasm. When I was researching this post I found a LOT more negative articles/blog posts about the Obama tax plan than positive.

By: Maribeth

Maribeth — Mon, 10 Nov 2008 02:07:27 +0000

Kristine,
Thanks so much for the overview. I just hope that he can implement at least half of the items in his plan. I’m so excited to see what is in store for us. How does it get any better than this?!

By: Kristine McKinley

Kristine McKinley — Mon, 10 Nov 2008 01:15:14 +0000

Thanks for the comment Sheila. Yes, I can see how a cut in capital gains tax for small business owners would help you!

I just wish there was a (broader) tax cut in the plan that would help non-real estate small business owners, like reducing the self employment tax. A capital gains tax cut won’t help the majority of self employed people, unfortunately.

By: Sheila

Sheila — Sun, 09 Nov 2008 23:42:42 +0000

Hi! Great, informative article!

About the capital gains tax, if he eliminated that it would be incredibly helpful to me as a small business owner. My husband and I run a real estate investing business, and if we could flip a house and not pay capital gains tax, that would do WONDERS for the business.
Sheila