Tea Party congressman only has 400k leftover!

Hah! So you’re saying that he should favor the 99.9% over the 0.1%? They’ll just spend the money on abortions and crack!

-Joe

Show him bitching, put a card asking “Every American making two times what this weasel makes will have his taxes unchanged by President Obama’s tax plan.” and then “How rich do you need to be to suffer at all under President Obama’s plan?” “Richer than you are now? Vote Democratic 2012.”

“I’m Barack Obama, and I approve this message, except the part that’s insulting to weasels.”

I get so sick of these doctors that suck at the public teat and then don’t want to give anything back.

Bolding mine. You don’t even go through the motions anymore, do you?

I think you are confused on the virtues of LMGTFY. If you’re the person bringing a topic into consideration, it behooves you to provide the first link – particularly if you are too fucking lazy to even NAME THE PERSON you are pitting.

I don’t think I have ever found myself on the same side of a politics debate as Mr. Moto, but to say that military personnel who use their benefits to go to school is “mooching off the government” is ridiculous. They have to commit several years of their lives to the military, potentially putting themselves in combat.

If you’re trying to imply that a Tea Partier is hypocritical because they used a government benefit, I don’t think that it’s the position of the Tea Party that the military or the benefits of those that serve in the military aren’t a legitimate arena for the federal government.

Have you seen the price of truffles these days? Oh, wait, no, of course you haven’t.

You can type your outrage, you can imbed links, you can post follow-up crap in your thread, but you tell everyone else to find whatever the hell it is you’re talking about? Get bent.

The OP seems to be telling people to go through his motions for him. That makes Mr. Moto look like a champion weightlifter.

Maybe he doesn’t have internet access? Oh, wait. Never mind.

Here’s a link with an embedded video cllp of the MSNBC interview.

Now kindly shut the fuck up and stop trying to divert this thread into the failings of Acid Lamp’s posting style. Thank you ever so much.

Discussing Acid Lamp’s posting style was entirely appropriate. He provided no information in the OP that could be used to determine what the hell was talking about—not even the name of the congressman or the correct (judging from your link) network on which the interview took place. That wasn’t arguing; it was taking a dump.

Rep. John Fleming can damn well fork over more cash to pay for the fucking wars that his party started and paid for by putting them on the charge cards.

But he does not make over a million/year so he has nothing to worry about. He’s about as smart as Joe the Plumber who was offended at taxes because he might make money someday.

You now have a link. Shut up and go post your bitching about Acid Lamp in a pit thread of your own making.

Or perhaps you’d like to take a stab at defending the idiocy that is Rep. John Fleming instead?

I don’t know if “hypocrisy” is the issue here, but a legitimate point is that TPers (and all anti-Federal spending rhetoric) INCLUDES issues like such benefits when they’re making rhetorical hay, like “The Fedrul gummints spents a hundred-eleventeen gadzillion of your tax dollars on worthless crap,” failing to mention that over half of that hundred-eleventeen gadzillion is mandated by law, another quarter is equally mandatory repayment of moneys that past (often Republican) administrations have borrowed, and that most of the remaining quarter consists of programs like paying for the education of military doctors which they heartily approve of, leaving a tiny fraction of that larger figure up for grabs. If they want to argue about that sliver of specific programs, they might well find a legitimate argument there, and they might be surprised by which benefits they’d be sorry to lose themselves. But they’re not interested in having a real discussion–they’re interested in stirring the pot, and getting Americans to act out the imaginary grievances that gather votes for TP candidates.

My hero!

Now, in Acid Lamp style, if you could just actually open the link for me, that would be great. I’m kind of too lazy to do it myself.

Wow. A guy serves his country, becomes a doctor, then starts businesses that employ a bunch of people and people are mad at him. With revenues of over $6 million collectively, he is left with 600k. He uses $200k for his family living expenses and has 400k left over to reinvest in his businesses, and a bunch of losers whine about how evil he is. Here’s a newsflash douche bags, a ten percent profit margin is just okay. Most businesses shoot for twenty. This is rightly concerned that he’s only left with less than 7% to reinvest in what he has or open more stores. You should be holding this guy up as a model citizen for all. But, no—whaaaaahhh—it’s HNDREDS of THOUSANDS of dollars :eek:, and he’s a republican.

You guys have some fucked up priorities. Never mind great ignorance on how small businessmen operate and how they create jobs. How can people be as stupid as you and figure out how to log-in. :rolleyes:

You’re right. Ergo, tax hikes for teachers and smack that foodstamp out of single mom’s hand, Mister 600K can’t afford a DIME MORE.

Can someone help me out with some information on business taxation here?

Say i have a company with $6 million in revenue, and that, after paying all the existing expenses for this business (wages, merchandise, rent, etc., etc.) there is $600,000 left over. And say i want to use $400,000 of that money to “reinvest in what [i have] or open more stores” (magellan01’s words).

I was under the impression that, by putting this money back into the business, it would count as an expense of the business, and thus would reduce the reportable profit of the business, and thus would not be taxable income.

Is that correct, or am i misunderstanding how taxes on small business work.