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17 Sep 2010 21:44

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Biz: Most businesses wouldn’t get nicked by Bush tax-cut reversal

  • 3% of all businesses would be affected by rescinding the high-end of the Bush tax cuts
  • 8% of non-hobby businesses would be affected, say conservative groups
  • 750k the real number of businesses that would roughly be affected by the cuts source
  • » And a possibly positive side-effect: Studies have shown that increases in tax rates at the top end can lead to more small businesses starting up because of the tax breaks offered, boosting overall growth anyway.
Posted by Ernie Smith • 0 Comments • Permalink

20 May 2010 20:59

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Politics: Rand Paul upset that he only got a day on top of the mountain

  • I thought I was supposed to get a honeymoon. When does my honeymoon start after my victory?
  • Kentucky Senate candidate Rand Paul • Talking to our boy Wolf Blitzer about how his last couple of days went after winning the Republican primary. It hasn’t been good. He’s been taking heat left and … well, mostly left … for comments that he made regarding the 1964 Civil Rights Act in the last couple of days. He suggested that businesses shouldn’t have to allow everyone in. And who does he blame? The messenger. “I think what troubles me is that the news cycle has gotten out of control,” he continued. “For several hours on a major news network [MSNBC] yesterday, they reported repeatedly that I was for repealing the Civil Rights Act. That is not only not true, never been my position, but is an out and out lie. And they repeated it all day long.” source
Posted by Ernie Smith • 0 Comments • Permalink

07 Mar 2010 11:54

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Biz: Unemployed boomers tired of being bored, start businesses

  • 36 number of weeks the average unemployed person over 55 has been out of work
  • 52% the growth in newly self-employed people between ages 55 and 64; beats sitting on the couch source
Posted by Ernie Smith • 0 Comments • Permalink

03 Nov 2009 20:25

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Biz: Bailed-out banks throwing more money at employees this year

  • $117.6 billion in paydays so far in 2009 for eight top bailed-out banks
  • $165 billion in bailout funds the banks took from the U.S. government source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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