Posts Tagged ‘Taxes’

Episode 64: Most Business Entities

February 1st, 2014

 

Sat, 1 February 2014
The guys talk about Business Entities and make Super Bowl predictions. Chat with them on Twitter during the Super Bowl: @UnckelMike & @SimonsGroove!

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Music on the show: “Less Than Seven” by 37hz

We apologize to Loren Kleinman. We will have her on the show as soon as possible! In the meantime, buy her book, Indie Authors Naked!

 

Puncturing The Logic of The “War on Christmas”

December 10th, 2011
The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Tree Fighting Ceremony – War on Christmas
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How “Small” is the “Small Business” We Keep Hearing About?

September 23rd, 2010

Next time your Conservative friends bemoan tax hazards for “small business,” show ’em this:

The “small” businesses that Republican lawmakers say will suffer if the Bush-era tax cuts for the wealthy expire are not so small after all, MSNBC’s “Countdown” reported Tuesday.

Some of these businesses, which include big names in engineering and finance, are “large” in terms of revenue, payroll and distribution, but “small” in terms of ownership, the report, by David Cay Johnston and Chris Hayes, has found.

According to the Republican tax logic, a small number of owners is the sole criterion for a “small business.” Such businesses, which according to the Joint Committee on Taxation accounted for 94 percent of all U.S. businesses in 2007, include partnerships, sole proprietorships and S corporations, a designation that allows owners to report profits and losses on their personal tax return, rather than on the company’s.

“‘Small business’ is a brand name,” MSNBC’s Keith Olbermann said.

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