Small business owner seeks professional advice; CPA concludes she cant afford Obama

Source PUMA PAC website

hillfan4mccain on 06.20.08 at 8:21 am

Bron,

As you can see by my name here, I have made up my mind who I will vote for (should Hillary not be the nominee). I too could not see myself voting republican, I have spent the last 7 yrs in tears over Bush. But I am voting McCain for several reasons.

1. Its a protest vote, I feel my vote will be more powerful against Obama
2. If not now for Hillary then 2012
3. He is not McSame, do check out their website.
4. Tax cuts hmmm let me address this. We have had a small business for the past 18years. When the housing market slowed so did our income. We went from a debt free life (exception mort.) to the most debt we have had in our lives. My husband had to close his doors and take a job fours hours from home. I am here with four children, he is there in a rental. But they cover health ins and steady income. The tax cuts for the wealthy really pisses me off. HOWEVER, I much as I hate to say this and I hate to say this. If it wasnt for a very well to do person that owns this company he is working for he would not have a job. The argument that the rich create jobs is I guess true. I can tell you over the course of 18years our small business has not created many jobs for others. We, of course are trying to get my husband back here and restart the business. We sat down with our CPA running through the numbers, do we move, do we stay, is this worth it etc…. Anyway she told me that if Obama gets in our “small business will pay between 25-30% more in tax”. If that is the case then we cannot be in business for ourselves.
5. I feel McCain will keep our country safer than Obama
6. McCain is a patriot with boys serving in the military, that counts for something. I am sure he wants them safe and home.
7. Michelle Obama keeps telling everyone on the stump that when Barak is in office. Ours lives will change, we will not be ALLOWED to conduct our lives as we are use to. Now that wouldnt scare so much except with that same speech, she tells us we are cynical people. I cant say I trust him based on his friends. How will my life change? Helping others….thats fine. But I have not seen proof that is what she means. I am just too cynical I guess!
8. McCain will be somewhat of a sitting duck with all those Dems in congress.

Sorry to be so long winded and I am not trying to convince you to vote McCain. Just telling you my reasons. But more than any of it I want Hillary in now or 2012.

Source


The advice the poster received from her CPA is consistent directionally with other estimates I've seen from Tax Attorneys and CPAs. To gain additional information see some of these earlier articles.

• Unpallatable cost of Obama
• Tax and payroll taxes 52.2%: Gloomy Big Gov vision
• Obama's Senate Bill seeks to Halve Global poverty: we pay
• Big Government vision based on experience w/ African villages
• Raise Payroll taxes for "rich people" making over $102k
• Soaking the "rich" with incomes over $97,000
• More big government ; tax and spend
• Supported hundreds in tax increases in State Senate
• Tax increases, pro-abortion,: orthordox liberal