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Patriot and Conservative
I'm a technology professional that works for a nation wide service company in the structured cabling industry. I have a Bachelor Degree in Computer Science and a Master Degree in Business Administration. I hope one day to pursue a PhD in Economics and write a "great American" novel. "To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical." - Thomas Jefferson, author of the Declaration of Independence The 4 Types of Americans: * Conservatives, who have read and understand the Constitution and believe that the Founding Fathers were right. * Liberals, who have read and understand the Constitution and believe that they know better than the Founding Fathers. * Very Liberals, who believe that the Constitution was just a bad idea to begin with. * Ignorants, who haven't even bothered to read the Constitution, mindlessly parrotting the propaganda of the political parties.
Why are Americans so badly misinformed regarding "Conservatism" and "Liberalism"?
There are 4 types of individuals in American politics:
* Conservatives - people who believe that the United States Constitution should be strictly and "conservatively" interpreted, preserving the "original intent" of the Founding Fathers.
* Liberals - people who believe that the United States Constitution should be loosely and "liberally" interpreted, in order to make it be applicable to modern life, often diverging with the "original intent" of the Founding Fathers.
* Very Liberal - people who believe that the United States Constitution is just completely off base and should be largely changed or discarded.
* Ignorant - people who consider themselves on the political right or on the political left, but who have never even bothered to familiarize themselves with the United States Constitution and simply parrot the political propaganda of their chosen political parties. (A vast majority of Americans and participants on Yahoo! Answers fall into this category.)
Why are so many people blindly ignorant regarding the definition of "conservative" in regards to modern American politics?
11 AnswersPolitics1 decade agoHave we crossed the line where our Liberty is lost forever in the United States? If not, when?
"With the decision of the United States Supreme Court to hear District of Columbia v. Heller in late 2007, an early 2008 movement began in Montana involving at least 60 elected officials addressing potential secession if the Second Amendment were interpreted not to grant an individual right, citing its compact with the United States of America."
- http://en.wikipedia.org/wiki/Secession_in_the_Unit...
If we have not already, then at what point will the line be irrevocably crossed?
Peace and prosperity.
10 AnswersPolitics1 decade agoWhat would you do with your business in this position? Why?
If Obama wins today, it will essentially bring about the highest tax increase in American history. First, Bush's tax cuts will be erased, and then Obama is going to raise taxes on those making over $200,000 to $250,000 annually, depending on which person associated with his campaign you talk to.
Every single time that this sort of tax policy has been pursued, businesses chose one of two possible options: capital reallocation or spending averse management. In every single model, both historically and theoretically, both models involved growth suspension.
So here's the crux of my question...
Assume that you are a business owner making $400,000 a year. After paying payroll, payroll taxes, benefits, upkeep, loan repayments, and other business related costs, you still end up in the $250,000+ taxable bracket. You are reinvesting your money "in the market" (a.k.a. your business) for a solid profit.
After a change in political leadership, you find that the tax rate for your bracket is going to go up significantly. You accept that you're going to have reduced income, no matter what you do. As the business owner, you do however have two options:
(a) Capital reallocation and growth suspension:
Instead of reinvesting as much of your net profits in your business, you move your liquid capital (cash) out of taxable instruments and move it into very modest return but tax sheltered instruments, locking the money out of the market for periods of 10 to 20 years. You still retain ownership of the net gains from your business, but it will be 10 to 20 years before you will be able to realize those gains. In order to make ends meet, you reduce your workforce and stop buying things from other companies unless it is absolutely necessary. This also means that, for the forseeable future, you will not be able to grow your company (no job creation). In the end, however, you keep more of your money, putting you in a stronger position to compete, because you end up having more capital after the market turns and there is a change in political climate.
(b) Spending averse management and growth suspension:
You continue to try to keep your liquid capital in high profit (but taxable) instruments. Since you are going to give up a high percentage of all your profits, you need to find a way to maximize your net profits by cutting spending. In order to make ends meet, you reduce your workforce and stop buying things from other companies unless it is absolutely necessary. This means you cut any employee that does not provide maximal tax benefit (this means all part time employees are terminated). You cancel your work place health plan, because you cannot afford it. This also means that, for the forseeable future, you will not be able to grow your company (no job creation). In the end, however, you give up more of your money, putting you in a weaker position to compete, because you end up having less capital when the market finally turns and there is a change in political climate.
Please note that in BOTH models the business owner (you) has less money to reinvest toward the business. In the first model, you put your money where you can't touch it, but the government can't take it away from you so your keep ownership of the money. In the second model, you keep your money where you can touch it, but the government takes a large chunk of it, so you end up having a lot less money after some theoretical future change in political leadership.
If you are a business owner, what do you do?
2 AnswersPolitics1 decade ago