Need help with definitions - Democratic Underground

Angry Dragon

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Thu Jul-28-11 02:03 PM
Original message

Need help with definitions

Politicians use the words 'small business' and 'middle-class' all the time.
Any politician that I have called has no definitions.
How are the American people suppose to know what they are talking about
if they can not define them??

Anyone care to take a stab??

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Uben

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Thu Jul-28-11 02:09 PM
Response to Original message

1. I'll try......

small business=any business the republicans think fit

middle-class=poor people with a job

poor=the rest of us

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Angry Dragon

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Thu Jul-28-11 02:17 PM
Response to Reply #1

3. All I get from the politicians is that everyone has a different answer

and then when I ask for their definition they do not have one.......

Your's fit but I was hoping for something a little more concrete

The best I got was from Reid's office.
The top of middle-class was $250,000

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Lasher

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Thu Jul-28-11 02:15 PM
Response to Original message

2. Small business in the USA = fewer than 500 employees.

Edited on Thu Jul-28-11 02:16 PM by Lasher

But they can also be classified according to other methods such as sales, assets, or net profits

http://en.wikipedia.org/wiki/Small_business

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TheWraith

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Thu Jul-28-11 02:20 PM
Response to Original message

4. Re: "small business"

I recall that there was a big deal made awhile back about the fact that the Republicans were caught defining "small business" as any S-corporation, meaning any company which was owned directly by one or more people rather than having public stock.

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Angry Dragon

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Thu Jul-28-11 02:23 PM
Response to Reply #4

5. I believe you are correct

I heard that the kocks were a small business ......... I could be mistaken

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Hosnon

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Thu Jul-28-11 02:38 PM
Response to Original message

6. One definition of "small business" I use is: Doesn't pay federal income taxes.

If you have money left over to be taxed, you're probably not a small business.

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Lasher

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Thu Jul-28-11 03:08 PM
Response to Reply #6

7. So General Electric is a small business?

http://upload.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1232838

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Hosnon

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Thu Jul-28-11 03:27 PM
Response to Reply #7

9. No, I said "one" definition I use. It doesn't apply universally, but it's a good rule of thumb. nt.

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Angry Dragon

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Thu Jul-28-11 05:01 PM
Response to Reply #6

10. A small business is not taxed

All the money passes through to the owner and taxed at the individual ratee
Subject to all expenses and tax deductions afforded all individual tax payers

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lapislzi

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Thu Jul-28-11 03:11 PM
Response to Original message

8. We can define our terms all we want, but

that's not going to stop people from slinging them around like hula hoops at a beach party.

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Tue May 07th 2024, 01:51 AM
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