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Practically Speaking

Kyle and her husband moved to Brookfield in 1986. She became active in local politics and started blogging in 2004. Her focus is primarily on local issues but often includes state and national topics, too. Kyle looks at things from the taxpayers' perspective in a creative, yet down to earth way, addressing them from a practical point of view.

Taxing rich will hurt already employed, at all pay levels

Entrepreneurship, Government / Bureaucracy, Jobs, President Obama, TAXES, Socialism / Marxism, Spending, THE ECONOMY

President Obama, the champion of class warfare rhetoric*, has been chanting the mantra: tax the rich, as a solution to our deficit, poverty, and social class disparity for as long as I can remember. Obama also throws around the phrase fair share to justify tax rates that take more than half their income. And we really should call his attack what it is: tax the successful. Republicans and economists counter with how taxing the successful (rich ) will harm small businesses, who are the majority of job creators in America. Being a Conservative, I side with the Republicans, I view fairness as taxing all income at the same rate.

But one consequence of taxing the rich I have yet to hear anyone mention: who will be the consumers if they have less income once their taxes are paid? Who will be building a new home or hiring the local remodeler? Who will be purchasing that new car or new furniture? Who will be dining out every weekend? Or having their hair and nails done, stopping for a latte, or hiring the yard and cleaning help? Who will be able to afford vacationing in Wisconsin or at popular tourist attractions across America?

American tourism already seems down in the U.S., at least from what I have observed. Hearing a foreign language or accent at Yellowstone or Grand Canyon National Parks is the norm. Last fall, my sister and I observed that Disney World would really be hurting if it weren't for the Brazilians spending their dollars at the Kingdom of the Mouse. An American accent was in the minority at all locations.

But it isn't just the business owners' ledger that takes the hit when tourists cut back, its all the employees at these businesses that feel it too. If Disney, the largest employer in the U.S., the National Parks or even Wisconsin Dells, for that matter, experience a downturn, then area hotels don't need as many housekeepers. Restaurants cut hours or move employees to part time. Peripheral tourist attractions such as raft rides or water parks lose business.

If consumers cut back, because they don't have as much disposable income as they used to, the carpet, furniture, clothing, and tech. stores suffer a loss. That loss is passed on to the employees; the management cuts hours, sometimes pay, sometimes benefits, and often terminates employees.

Of course the truly wealthy will still do and buy these things or just move out of the country, but the $200,000 - $250,000 earners, who file their business taxes on their personal tax returns, will be hurting.

And if you think you aren't one of those upper 2% earners, so your paycheck will be untouched, think again: ObamaCare taxes are coming our way in 2013. More than likely the Payroll Tax Cut will expire, resulting in less take home pay.

So if all of us have less money in our pockets, who will be the purchasers? How will that effect your job?

Contact your Representatives and Senators
Find your U.S. Senators by last name
Wisconsin's U.S. Senator Ron Johnson (202) 224-5323
Wisconsin's U.S. Senator Herb Kohl (202) 224-5653

Find your U.S. House of Representatives member by state
House Representative James Sensenbrenner Washington D.C. (202) 225-5101, Brookfield (262) 784-1111

House Speaker Boehner phone line (513) 779-5400

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Tax the rich? Every job I had was because of rich!

Truth, THE ECONOMY, TAXES, Entrepreneurship, President Obama

The Democrats keep talking about taxing the rich as a solution to our deficits and debt. But it isn't that we don't tax enough; it is that we spend too much!

Most Democrats* don't want to extend the Bush tax cuts because they include tax cuts to the wealthy. They also think taxing the rich plays well to the middle and lower class. They ignore the fact that the lowest income levels get a 50% tax increase (the highest increase), and every other bracket increases too, once Bush's tax cuts expire.

Taxing the rich will have a devastating affect on small businesses, employment, and our economy. As Republican Senator Orrin Hatch said, "They can talk about the wealthy all they want, but this is about stopping a job-killing tax hike on small businesses during tough economic times."

It is true: You can't get a job from a poor person. Every job I ever had was because of a rich person--richer than me at least. If you have worked for a small business, I bet it is true for you too. Think about it.

Here is a quick list of my employers:

  • Don's Super Value food store - Don owned the franchise. He employed maybe 70 locals and college students. I did cake decorating in the store bakery in my college days.
  • Shorewood Village Bakery - This was an upscale, family owned bakery, where I cake decorated after college. They employed about 7 workers. Owners worked along side employees.
     
  • Mullenbach's Fashions - A small custom bridal and ball gowns shop, owned by James Mullenbach. This was my 1st full time job after college where I was one of 7 workers. Little did I know the experience gained there would prove invaluable in my real job years later at Milwaukee Ballet.
     
  • T.A. Chapman's Department Store - Golden Thimble Fabrics. Chapman's was an upscale department store, owned by a very wealthy Milwaukee family. They employed a few hundred people.
  • The Snow Goose - a boutique on Jefferson St. where I designed and created custom clothing. I was the only employee. This business went under in less than a year.
     
  • Elna Sewing Machine sales at Mary Lester Fabric Stores. The sewing machine sales area within the store was owned by a sole proprietor. I was one of maybe 3 employees besides the owners. They went under also.
     
  • Milwaukee Ballet Costume Department. Here you might say, that is a non-profit arts job, not a small business. True. But if you look in the back of any program for the list of donors, you see if it were not for the donations and grants of wealthy patrons, the show would not go on. While I was there, the ballet company nearly went under several times.

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Ever roll your own? I do; I roll OATS!

Healthy living, Interesting idea, Living well on less $, Entrepreneurship, Good food / recipes

Yes, I have been rolling my own for about 10 years now--oats, that is. I make my own oatmeal.

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top 2% to pay most of taxes, Obama

Entrepreneurship, President Obama, Socialism / Marxism, TAXES, THE ECONOMY

My household is in no danger of suffering because of an income of $250,000/year, but people like me will suffer because of this decision. In thinking over my working career, nearly very job I had was because of some wealthy person--someone over that $250,000 income.

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Why do foreigners value America's freedoms while many in U.S. don't?

Culture, Elections, Entrepreneurship, Obama 2008, WISCONSIN

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Business "officially horrified" at prospect of filibuster-proof Senate

Entrepreneurship, McCain 2008, Politics, TAXES, THE ECONOMY

I first heard about the U.S. Chamber of Commerce ads on Mark Levin's Friday, Oct. 24th broadcast. (About at the 40 minute mark.) Mark also discussed socialism and floated the possibility that Obama somehow considers his spreading the wealth as reparations.

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A real letter from Corey the driller

Entrepreneurship, Government / Bureaucracy, McCain 2008, Obama 2008, Politics, Socialism / Marxism, TAXES, THE ECONOMY

 http://www.eclecticwill.com/2008/10/open-letter-to-sen-obama-from-corey-miller-the-well-driller/ Open Letter to Sen. Obama from Corey Miller the Well Driller

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Obama's Spread the Wealth interview vs. my Spread the Wealth

Entrepreneurship, Government / Bureaucracy, McCain 2008, Obama 2008, TAXES, THE ECONOMY

 http://fairlyconservative.com/obama/is-obamas-spreading-of-the-wealth-a-euphmism-for-reparation/

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Businesses in panic over Dem majorities, will run ads

Entrepreneurship, McCain 2008, Obama 2008, Socialism / Marxism, THE ECONOMY

Mark Levin, oct 24 10pm? Mark talks about chamber of commerce of some type will start to run ads because they are terrified of an obama victory and how bad that will be for biz if house and senate are filibuster proof 

How Ireland expanded their economy and attracted businesses

Elections, Entrepreneurship, McCain 2008, Obama 2008, TAXES, THE ECONOMY

Lowered the taxes on business.

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In praise of Aldi's AND Trader Joe's: Wish We Had Both!

Development, Entrepreneurship, Living well on less $

Poor Aldi's*.  The Town of Brookfield Plan Commission squelched their plans for a new store. One of the reasons cited in the Community Watch post was that, "Some members of the Plan Commission said they were wary of the discount grocer's reputation and the type of customers and tenants the store would attract to Bluemound Plaza..." (near Best Buy)

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My dog got mail!

Entrepreneurship, Family, Holidays

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