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View Diary: Ryan Gets Pwned at Town Hall (167 comments)

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  •  Small business is the GOP's excuse. Is it real? (10+ / 0-)

    We need statistics on who this "small business" is that the Republicans hide behind. It's been their excuse for covering for the largest corporations, partnerships, hedge fund managers and well-paid executives. We need to set the record straight on this.

    Anyone up to it?

    The games you lose are the best practice for the ones you're going to win.

    by TRPChicago on Wed Apr 20, 2011 at 03:45:24 PM PDT

    •  I might be (2+ / 0-)
      Recommended by:
      elwior, nellgwen

      in a few days.

    •  There are a ton of real small businesses out there (3+ / 0-)
      Recommended by:
      JohnInWestland, elwior, mallyroyal

      But a small business clearing $250,000 in profit?  That's one hell of a small business.  Often the talking points seem to intentionally conflate revenue and profit, and a small business with $250,000 in realized profit is either not all that small - or I suppose they could be selling drugs, but I doubt that drug dealers are particularly observant of IRS filing requirements [/snark].

      Most definitions have a small business up to 50-100 employees.  That sounds like a lot, but in some of those cases a lot of them a part-timers (I could see a community independent grocer hitting 50+ part-timers easily).  100 is probably pushing it.

      "What Washington needs is adult supervision" - Barack Obama

      by auron renouille on Wed Apr 20, 2011 at 06:23:47 PM PDT

      [ Parent ]

      •  How about the dentist, accountancy, financial ... (5+ / 0-)

        ... consultant, independent insurance broker, etc? A gift shop, a small hardware store, a house-cleaning franchise. I'm thinking of, say, a two-to-twenty person operation that may employ a few people - a receptionist, secretary, technician, for example - but are not what most of us think of as a traditional mom-and-pop business.

        I have nothing against these businesses, but I don't think any of them need special protection of the GOP. And they certainly don't represent the huge enterprises who dole out campaign contributions, finance think tanks and partisan polling operations, subsidize Tea-Party-type astroturf organizations. It's those businesses the GOP is actually plumping for, while hiding behind the mom-and-pop image and rhetoric.

        It's time to parse this "small business" universe and distinguish it from the fat cats.

        The games you lose are the best practice for the ones you're going to win.

        by TRPChicago on Wed Apr 20, 2011 at 07:21:13 PM PDT

        [ Parent ]

        •  Small business talking points... (2+ / 0-)
          Recommended by:
          elwior, ciganka

          ...began as a fear that small businesses didn't have access to the market because as a small firm with few assets and almost all of their money coming in almost immediately going back out as expenses, they had trouble getting loans because they usually have very few fixed assets to serve as collateral.   A legitimate concern, really - you mention an accountant - that accountant has very little in the way of collateral to give a local bank for a loan, asides from her laptop - that business's main asset is the accountant's brain ;p.

          There's also a fear that small, unconnected businesses may be at the wrong end of a regulatory scheme that can tend to be designed to benefit established firms, particularly in areas like construction and design.  I've got no problem with initiatives to help those people - including the kinds of businesses that you describe - access the market.  There's really no good reason to allow large multi-state construction giants dominate that market.

          But by nature of what I just said, that almost all of their revenue is reinvested into the business, these people are very low margin businesses, they don't really pay much tax.  The owners pay themselves a salary, and that's usually the only realized profit - that salary is, of course, taxed, and rightly so.  If they have employees, their employees' salaries are also taxed and the employer pays their share of payroll taxes.  So the problems of small businesses are almost always more of an institutional nature, not a tax issue.

          "What Washington needs is adult supervision" - Barack Obama

          by auron renouille on Wed Apr 20, 2011 at 07:33:19 PM PDT

          [ Parent ]

    •  Small Businesses Are The Patsys For (3+ / 0-)
      Recommended by:
      My Name Isnt Earl, elwior, alizard

      the Republican Party and they don't even know it.

      They are just flattered that the Republican Party is always talking about how great they are.

      The Republican Party doesn't give a shit about small businesses.

      They only care about Hedge Funds, The Bechtels and Conagra who call themselves small businesses.

      Most real small businesses (mom and pop types) have their "books" done by a CPA or general accountant or their "bookkeeper" (as they'd saw).  They have no clue how their taxes are done or how their business is organized.  They are just proud to be those important small businesses those blessed Republicans are always bragging about.

      Then the United States Chamber of Commerce shows up at their door and tells them how great they are and how small businesses are the "real" America and how they should join the United States Chamber of Commerce and "protect" their rights.  The small business person is all flattered and quickly joins and then also donates to the cause with their regular donations to the Republican Party.

      Of course the United States Chamber of Commerce is busy sticking it to the small businesses and their families right along with sticking it to the rest of America, but flattery will get you a lot.

      250 is the new 180

      by kerplunk on Wed Apr 20, 2011 at 07:58:37 PM PDT

      [ Parent ]

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