Comments on: Haiti on the Potomac http://www.coyoteblog.com/coyote_blog/2009/03/haiti-on-the-potomac.html Dispatches from a Small Business Sun, 12 Feb 2012 15:04:09 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: tomw http://www.coyoteblog.com/coyote_blog/2009/03/haiti-on-the-potomac.html/comment-page-1#comment-17687 tomw Thu, 26 Mar 2009 15:20:33 +0000 http://www.coyoteblog.com/?p=7424#comment-17687 In the scenario envisioned, you forgot to add the fact that you will be taxed at a higher rate because you will be moving into a different bracket. You are obviously making too much money. I am too old to start over again, and our Chief Executive has determined that he will devalue our currency, keep Wall Street guessing, and discourage corporate investment with uncertainty. Thanks a lot for tanking my savings and investment. Oh, and slamming my house value too. I am sure that the property tax appraisal will reflect the reduction in market value. Wanna buy a bridge??? tom In the scenario envisioned, you forgot to add the fact that you will be taxed at a higher rate because you will be moving into a different bracket.

You are obviously making too much money.

I am too old to start over again, and our Chief Executive has determined that he will devalue our currency, keep Wall Street guessing, and discourage corporate investment with uncertainty. Thanks a lot for tanking my savings and investment. Oh, and slamming my house value too. I am sure that the property tax appraisal will reflect the reduction in market value. Wanna buy a bridge???

tom

]]> By: Franco http://www.coyoteblog.com/coyote_blog/2009/03/haiti-on-the-potomac.html/comment-page-1#comment-17649 Franco Wed, 25 Mar 2009 13:43:48 +0000 http://www.coyoteblog.com/?p=7424#comment-17649 I'm sorry I missed this post yesterday. Our main investor is a small bank that took some TARP money under great pressure from Treasury. For a large part of the day I was again buried in the senate calendar trying to figure out what the next retroactive comp restriction coming will look like and when it will materialize(see S. 651 which is still held up in the senate, maybe indefinitely). We need to rework some comp plans and are now unable to do so. Basically we're stuck although the problem we need to address seem to keep moving forward not caring about the US Congress and their whims. Also, we're probably going to have to cancel a planned meeting because the location may be "too nice". I'm still trying to figure out if its in a Democratic district. If it's in a Democrat's congressional district I think we'll be OK politically. So, I agree with the post. Government is making it harder to run our business and time is spent trying to conform with the ever changing laws. I used to consider buying a business for myself. There is no way I'll buy one in this political climate. I’m sorry I missed this post yesterday. Our main investor is a small bank that took some TARP money under great pressure from Treasury. For a large part of the day I was again buried in the senate calendar trying to figure out what the next retroactive comp restriction coming will look like and when it will materialize(see S. 651 which is still held up in the senate, maybe indefinitely). We need to rework some comp plans and are now unable to do so. Basically we’re stuck although the problem we need to address seem to keep moving forward not caring about the US Congress and their whims. Also, we’re probably going to have to cancel a planned meeting because the location may be “too nice”. I’m still trying to figure out if its in a Democratic district. If it’s in a Democrat’s congressional district I think we’ll be OK politically. So, I agree with the post. Government is making it harder to run our business and time is spent trying to conform with the ever changing laws. I used to consider buying a business for myself. There is no way I’ll buy one in this political climate.

]]> By: TXJim http://www.coyoteblog.com/coyote_blog/2009/03/haiti-on-the-potomac.html/comment-page-1#comment-17626 TXJim Tue, 24 Mar 2009 23:58:11 +0000 http://www.coyoteblog.com/?p=7424#comment-17626 Dead on amigo. Inflation plus taxes is a bitch. Today I am a "1040 guy" precisely because my family could not afford to continue our farming and ranching business during the late 70's/early 80's. Inflation and the whiplash policy changes designed to combat inflationary affects made it very difficult to pay debt with commodities that fluctuated wildly because of the uncertainty. Remember the Soviet grain embargo? Maybe some will find this link an interesting look back: http://www.polyconomics.com/ssu/ssu-990108.htm Dead on amigo. Inflation plus taxes is a bitch. Today I am a “1040 guy” precisely because my family could not afford to continue our farming and ranching business during the late 70′s/early 80′s. Inflation and the whiplash policy changes designed to combat inflationary affects made it very difficult to pay debt with commodities that fluctuated wildly because of the uncertainty. Remember the Soviet grain embargo?

Maybe some will find this link an interesting look back:
http://www.polyconomics.com/ssu/ssu-990108.htm

]]> By: Allen http://www.coyoteblog.com/coyote_blog/2009/03/haiti-on-the-potomac.html/comment-page-1#comment-17625 Allen Tue, 24 Mar 2009 23:36:55 +0000 http://www.coyoteblog.com/?p=7424#comment-17625 Inflation is a bitch, to say the least. Inflation is a bitch, to say the least.

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