Obama pushing for tax breaks for businesses.....

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  • Uncle Ted
    The Big 12 money shot.
    • Apr 2010
    • 28853

    #16
    Originally posted by Eddie Jones View Post
    Whitehouse fact sheet is now available....

    http://www.whitehouse.gov/sites/defa...ing_9-8-10.pdf
    So when does this go in effect? I have the company credit card in hand and ready to pull the trigger on some very nice stuff for the office. Also, I am looking at purchasing a company car. Lexus has some nice stuff these days.
    "If there is one thing I am, it's always right." -Ted Nugent.
    "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
    "Yet I still see wisdom in that which Uncle Ted posts." -creek.
    GIVE 'EM HELL, BRIGHAM!

    Comment

    • Uncle Ted
      The Big 12 money shot.
      • Apr 2010
      • 28853

      #17
      Originally posted by Goatnapper'96 View Post
      My understanding is that real property is excluded from this. I was really excited until I was dumb enough to call my auditor. He ruined yet another day of mine.
      I guess we need to read between the lines...

      "If there is one thing I am, it's always right." -Ted Nugent.
      "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
      "Yet I still see wisdom in that which Uncle Ted posts." -creek.
      GIVE 'EM HELL, BRIGHAM!

      Comment

      • Moliere
        One man.....one pie
        • Oct 2009
        • 27802

        #18
        Originally posted by Ted Nugent View Post
        So when does this go in effect? I have the company credit card in hand and ready to pull the trigger on some very nice stuff for the office. Also, I am looking at purchasing a company car. Lexus has some nice stuff these days.
        From what I'm hearing, it'll go into effect when Obama balances the budget.
        "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

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        • Moliere
          One man.....one pie
          • Oct 2009
          • 27802

          #19
          Originally posted by Ted Nugent View Post
          I guess we need to read between the lines...

          Looks like that one is aimed at Geithner. Maybe this proposal is aimed at getting Geithner to pay his taxes on time this year.
          "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

          Comment

          • Moliere
            One man.....one pie
            • Oct 2009
            • 27802

            #20
            Originally posted by Goatnapper'96 View Post
            My understanding is that real property is excluded from this. I was really excited until I was dumb enough to call my auditor. He ruined yet another day of mine.
            I haven't read too much into the details, but if this is simply and extension of the Section 179 deduction and a raising of that limit to infinity then yes, most real property would be excluded. If real property were included, you would see a jump start to the economy that you have never seen before but that would probably not be a good thing.
            "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

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