Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Watchfoxheadexplodes

(3,496 posts)
Sun Mar 22, 2020, 10:43 AM Mar 2020

Hmm question on "small business"

Quotes are because this seems to be right wing emphasis when it comes to stimulus talk.

So what happens when a lot of small business gets money. The virus is still climbing in numbers and they decide to just get out? Closing doors period.

Fines?

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Hmm question on "small business" (Original Post) Watchfoxheadexplodes Mar 2020 OP
Just remember in our screwed up system the Koch brothers are considered a small buisness. marble falls Mar 2020 #1
We get to pay our employees for one thing GusBob Mar 2020 #2
Only problem I would have Watchfoxheadexplodes Mar 2020 #5
Hmmm why then? GusBob Mar 2020 #6
Only thing I understand Watchfoxheadexplodes Mar 2020 #8
Small Business is BULLSHIT. Koch Ind., xE, KPMG and others are "Small Businesses" TheBlackAdder Mar 2020 #3
Easy fix, just adjust the measure in the bill Amishman Mar 2020 #4
easy fix from the perspective of a good governance policy wonk unblock Mar 2020 #7

GusBob

(7,286 posts)
2. We get to pay our employees for one thing
Sun Mar 22, 2020, 11:02 AM
Mar 2020

And our vendors and operational expenses ( including other small businesses)

If we cant make it doing that we go bankrupt

Right now this small business owner is scrambling to find a way to keep our business afloat and pay our employees after the Gov shut down out industry until May 9th

They are talking loans which have to be paid back

You have a problem with that ?

Watchfoxheadexplodes

(3,496 posts)
5. Only problem I would have
Sun Mar 22, 2020, 11:22 AM
Mar 2020

Are businesses taking government money and then folding, possibly screwing over employees.

GusBob

(7,286 posts)
6. Hmmm why then?
Sun Mar 22, 2020, 11:30 AM
Mar 2020

I heard 3 radio interviews this week from Dems:
Pocan, Baldwin and some NJ rep. They all said the same thing: help small businesses
Are they right wingers?

Did you not read and understand my post?
Do you know how loans work?
Have you ever signed the front side of paychecks?

Do you understand right now we are deciding between letting employees go or taking a loan?

TheBlackAdder

(28,208 posts)
3. Small Business is BULLSHIT. Koch Ind., xE, KPMG and others are "Small Businesses"
Sun Mar 22, 2020, 11:09 AM
Mar 2020

.

We think of small businesses as the mom & pop stores down the street.

There are actually two designations of small business, one that we think of, and the other that large corporations take advantage of for tax breaks. KPMG has around 15K employees and are in dozens of countries, but is a small business in the eyes of the law because they have less than 100 owners/managing partners. I believe xE makes over $30 Billion/year... and that's a "small business." Most of the tax perks these large companies can leverage are out of the reach of real small businesses, and whenever there is a move to tighten them, the RWers cry an affront to "small business."

That being said, when FOX News says "It will hurt small businesses," we all think of the small guys. While they blow smoke up our asses, knowing that they are shielding large corporations from changes to code or law that would impact them.

.

Amishman

(5,557 posts)
4. Easy fix, just adjust the measure in the bill
Sun Mar 22, 2020, 11:13 AM
Mar 2020

Make it less than X employees AND less than X in assets.

unblock

(52,253 posts)
7. easy fix from the perspective of a good governance policy wonk
Sun Mar 22, 2020, 11:41 AM
Mar 2020

not so easy from the perspective of a f*cked-up political system that put a party that elevated corruption to political philosophy in the white house and senate.

Latest Discussions»General Discussion»Hmm question on "small bu...