[gary_broker]

TheBreeze..
You made many assumptions in your post and they are highly inaccurate. My handle is gary_broker, however I own a fashion co that designs and sell items to a wide variety of stores throughout the U.S. and Asia. I also have a RE brokers license hence my handle (btw I should prolly head you off here and inform you that I never did sub-prime or bilked anyone out of money).

You wrote “As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability”. Incorporation protects against liability but it does nothing to protect seed investment which is generally hard earned savings put up by people like me. The company goes south the money is gone.. end of story.

I am a bit perplexed over the contingency of folks posting here who believe many rich people just somehow get lucky (FYI..I am far from rich, I live in a extremely modest house and as I previously stated make less then some of my employees). I do know some folks that are very successful and the bottom line is they work their asses off. Like me they usually work through weekends and late nearly every night. They do it because they love what they do and they feel an obligation to grow their companies not only for the benefit of themselves but also for their employees. It appears that what some people here are doing is taking some extreme examples from the current economic crises and extrapolating them into the theory that all business owners are all greedy and capitalism does not work. That is lame.

In my previous post I asked you to provide an amount that you believe was fair for wealthy people to pay in taxes. I posted some stats and someone else posted some as well. Perhaps you can copy those numbers and then edit them at the percentage value that you believe would be fair. I am interested to see what you come up with.

[gary_broker]

TheBreeze..
You made many assumptions in your post and they are highly inaccurate. My handle is gary_broker, however I own a fashion co that designs and sell items to a wide variety of stores throughout the U.S. and Asia. I also have a RE brokers license hence my handle (btw I should prolly head you off here and inform you that I never did sub-prime or bilked anyone out of money).

You wrote “As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability”. Incorporation protects against liability but it does nothing to protect seed investment which is generally hard earned savings put up by people like me. The company goes south the money is gone.. end of story.

I am a bit perplexed over the contingency of folks posting here who believe many rich people just somehow get lucky (FYI..I am far from rich, I live in a extremely modest house and as I previously stated make less then some of my employees). I do know some folks that are very successful and the bottom line is they work their asses off. Like me they usually work through weekends and late nearly every night. They do it because they love what they do and they feel an obligation to grow their companies not only for the benefit of themselves but also for their employees. It appears that what some people here are doing is taking some extreme examples from the current economic crises and extrapolating them into the theory that all business owners are all greedy and capitalism does not work. That is lame.

In my previous post I asked you to provide an amount that you believe was fair for wealthy people to pay in taxes. I posted some stats and someone else posted some as well. Perhaps you can copy those numbers and then edit them at the percentage value that you believe would be fair. I am interested to see what you come up with.

[gary_broker]

TheBreeze..
You made many assumptions in your post and they are highly inaccurate. My handle is gary_broker, however I own a fashion co that designs and sell items to a wide variety of stores throughout the U.S. and Asia. I also have a RE brokers license hence my handle (btw I should prolly head you off here and inform you that I never did sub-prime or bilked anyone out of money).

You wrote “As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability”. Incorporation protects against liability but it does nothing to protect seed investment which is generally hard earned savings put up by people like me. The company goes south the money is gone.. end of story.

I am a bit perplexed over the contingency of folks posting here who believe many rich people just somehow get lucky (FYI..I am far from rich, I live in a extremely modest house and as I previously stated make less then some of my employees). I do know some folks that are very successful and the bottom line is they work their asses off. Like me they usually work through weekends and late nearly every night. They do it because they love what they do and they feel an obligation to grow their companies not only for the benefit of themselves but also for their employees. It appears that what some people here are doing is taking some extreme examples from the current economic crises and extrapolating them into the theory that all business owners are all greedy and capitalism does not work. That is lame.

In my previous post I asked you to provide an amount that you believe was fair for wealthy people to pay in taxes. I posted some stats and someone else posted some as well. Perhaps you can copy those numbers and then edit them at the percentage value that you believe would be fair. I am interested to see what you come up with.

[gary_broker]

TheBreeze..
You made many assumptions in your post and they are highly inaccurate. My handle is gary_broker, however I own a fashion co that designs and sell items to a wide variety of stores throughout the U.S. and Asia. I also have a RE brokers license hence my handle (btw I should prolly head you off here and inform you that I never did sub-prime or bilked anyone out of money).

You wrote “As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability”. Incorporation protects against liability but it does nothing to protect seed investment which is generally hard earned savings put up by people like me. The company goes south the money is gone.. end of story.

I am a bit perplexed over the contingency of folks posting here who believe many rich people just somehow get lucky (FYI..I am far from rich, I live in a extremely modest house and as I previously stated make less then some of my employees). I do know some folks that are very successful and the bottom line is they work their asses off. Like me they usually work through weekends and late nearly every night. They do it because they love what they do and they feel an obligation to grow their companies not only for the benefit of themselves but also for their employees. It appears that what some people here are doing is taking some extreme examples from the current economic crises and extrapolating them into the theory that all business owners are all greedy and capitalism does not work. That is lame.

In my previous post I asked you to provide an amount that you believe was fair for wealthy people to pay in taxes. I posted some stats and someone else posted some as well. Perhaps you can copy those numbers and then edit them at the percentage value that you believe would be fair. I am interested to see what you come up with.

[gary_broker]

TheBreeze..
You made many assumptions in your post and they are highly inaccurate. My handle is gary_broker, however I own a fashion co that designs and sell items to a wide variety of stores throughout the U.S. and Asia. I also have a RE brokers license hence my handle (btw I should prolly head you off here and inform you that I never did sub-prime or bilked anyone out of money).

You wrote “As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability”. Incorporation protects against liability but it does nothing to protect seed investment which is generally hard earned savings put up by people like me. The company goes south the money is gone.. end of story.

I am a bit perplexed over the contingency of folks posting here who believe many rich people just somehow get lucky (FYI..I am far from rich, I live in a extremely modest house and as I previously stated make less then some of my employees). I do know some folks that are very successful and the bottom line is they work their asses off. Like me they usually work through weekends and late nearly every night. They do it because they love what they do and they feel an obligation to grow their companies not only for the benefit of themselves but also for their employees. It appears that what some people here are doing is taking some extreme examples from the current economic crises and extrapolating them into the theory that all business owners are all greedy and capitalism does not work. That is lame.

In my previous post I asked you to provide an amount that you believe was fair for wealthy people to pay in taxes. I posted some stats and someone else posted some as well. Perhaps you can copy those numbers and then edit them at the percentage value that you believe would be fair. I am interested to see what you come up with.

[gary_broker]

Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.

[gary_broker]

Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.

[gary_broker]

Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.

[gary_broker]

Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.

[gary_broker]

Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.

[gary_broker]

TheBreeze..Dude… are you on crack???
Have you ever seen a break down of how much more the affluent pay in taxes? Here are some stats you may want to review before you repeat the dem’s standard “fair share” mantra;

According to data from the IRS, the bottom 50% percent of income earners pay approximately 4% of income taxes
The top 25% of income earners pay nearly 83% of the income tax burden, and the top 10% pay 65%.
The top 1 percent of income earners pay almost 35% of all income taxes.
The top 400 richest Americans paid 1.58% of total income taxes in 2000.

Maybe you need to further define fair.. perhaps instead you should look up the definition of jealousy.. seems to fit here.

You are right about one thing though, under Obama’s plan there will be big reward for the supposed winners of the tax hike.. it is called a LAYOFF and my company will be one the first that is forced to have one.

“No doubt you would have been just as successful in Russia or China.” Hmmm I have been going to China every year for many years and I see the same thing that I see here.. hard working risk takers and job providers are rewarded for their efforts… it is a global phenomen.

[gary_broker]

TheBreeze..Dude… are you on crack???
Have you ever seen a break down of how much more the affluent pay in taxes? Here are some stats you may want to review before you repeat the dem’s standard “fair share” mantra;

According to data from the IRS, the bottom 50% percent of income earners pay approximately 4% of income taxes
The top 25% of income earners pay nearly 83% of the income tax burden, and the top 10% pay 65%.
The top 1 percent of income earners pay almost 35% of all income taxes.
The top 400 richest Americans paid 1.58% of total income taxes in 2000.

Maybe you need to further define fair.. perhaps instead you should look up the definition of jealousy.. seems to fit here.

You are right about one thing though, under Obama’s plan there will be big reward for the supposed winners of the tax hike.. it is called a LAYOFF and my company will be one the first that is forced to have one.

“No doubt you would have been just as successful in Russia or China.” Hmmm I have been going to China every year for many years and I see the same thing that I see here.. hard working risk takers and job providers are rewarded for their efforts… it is a global phenomen.

[gary_broker]

TheBreeze..Dude… are you on crack???
Have you ever seen a break down of how much more the affluent pay in taxes? Here are some stats you may want to review before you repeat the dem’s standard “fair share” mantra;

According to data from the IRS, the bottom 50% percent of income earners pay approximately 4% of income taxes
The top 25% of income earners pay nearly 83% of the income tax burden, and the top 10% pay 65%.
The top 1 percent of income earners pay almost 35% of all income taxes.
The top 400 richest Americans paid 1.58% of total income taxes in 2000.

Maybe you need to further define fair.. perhaps instead you should look up the definition of jealousy.. seems to fit here.

You are right about one thing though, under Obama’s plan there will be big reward for the supposed winners of the tax hike.. it is called a LAYOFF and my company will be one the first that is forced to have one.

“No doubt you would have been just as successful in Russia or China.” Hmmm I have been going to China every year for many years and I see the same thing that I see here.. hard working risk takers and job providers are rewarded for their efforts… it is a global phenomen.

[gary_broker]

TheBreeze..Dude… are you on crack???
Have you ever seen a break down of how much more the affluent pay in taxes? Here are some stats you may want to review before you repeat the dem’s standard “fair share” mantra;

According to data from the IRS, the bottom 50% percent of income earners pay approximately 4% of income taxes
The top 25% of income earners pay nearly 83% of the income tax burden, and the top 10% pay 65%.
The top 1 percent of income earners pay almost 35% of all income taxes.
The top 400 richest Americans paid 1.58% of total income taxes in 2000.

Maybe you need to further define fair.. perhaps instead you should look up the definition of jealousy.. seems to fit here.

You are right about one thing though, under Obama’s plan there will be big reward for the supposed winners of the tax hike.. it is called a LAYOFF and my company will be one the first that is forced to have one.

“No doubt you would have been just as successful in Russia or China.” Hmmm I have been going to China every year for many years and I see the same thing that I see here.. hard working risk takers and job providers are rewarded for their efforts… it is a global phenomen.

[gary_broker]

TheBreeze..Dude… are you on crack???
Have you ever seen a break down of how much more the affluent pay in taxes? Here are some stats you may want to review before you repeat the dem’s standard “fair share” mantra;

According to data from the IRS, the bottom 50% percent of income earners pay approximately 4% of income taxes
The top 25% of income earners pay nearly 83% of the income tax burden, and the top 10% pay 65%.
The top 1 percent of income earners pay almost 35% of all income taxes.
The top 400 richest Americans paid 1.58% of total income taxes in 2000.

Maybe you need to further define fair.. perhaps instead you should look up the definition of jealousy.. seems to fit here.

You are right about one thing though, under Obama’s plan there will be big reward for the supposed winners of the tax hike.. it is called a LAYOFF and my company will be one the first that is forced to have one.

“No doubt you would have been just as successful in Russia or China.” Hmmm I have been going to China every year for many years and I see the same thing that I see here.. hard working risk takers and job providers are rewarded for their efforts… it is a global phenomen.

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