Will Obama help or hurt Fractionals

[blueridge71]

Obama will be bad for the fractionals and all of the country! He is going to have the federal government fix all the problems with tax money from the rich, ya-right. They can afford the high price accountants and find a way not to pay, then he will have to get it from us. Some how, we will end up footing the bill. The lead Democrats in Washington are complete Idiots.

You are right. Obama says that he will keep companies in the US by punishing those that export jobs. But right now, they are being punshed if they stay. The US already has one of the highest corporate tax rates in the world. On top of that, we have unfriendly tort laws and stifling bureaucracy. It would be difficult to imagine how they can be punished more than they are now, although I'm sure he has a plan.

The interesting thing is that, even with everything stacked against them, the economy is still growing and creating jobs (at least up until last week). That just goes to show the strength of American business. Imagine what they could do with a friendly tax climate as under the Fair Tax.

 

[blueridge71]

Like you said blueridge, don't confuse them with the facts.

BTW, latest Gallup poll: Obama 50% McCain 44%

The electoral map based on in-state polling looks more like OBummer every day.

National polls mean nothing. I'm only concerned about the 50 state polls on election day.

Although I am disappointed that more people have not seen through Obama's class-warfare rhetoric yet. It may take living under his governance to make some see the light, much the way four years under Carter gave us a decade of conservatism under Reagan-Bush 41.

What really concerns me is that the world is a lot more unstable now than in the late 70s. The lights of democracy are going out in a lot of places and Russia, Iran, North Korea, and Venezuela are all causing trouble. I really don't think Obama is ready or qualified to deal with them. The one important foreign policy decision that he was called upon to make, support for the surge, he screwed up.

If Obama is elected, I predict an Israeli strike on Iran before he takes office. They won't trust him to deal with the problem and their survival is at stake. The new Israeli PM is a wild card.

 

[wacoflyr]

You have conveniently forgotten that Obama was an almost lone voice against the war with Iraq to begin with. In my opinion, that qualifies as an important public foreign policy stance. The problems surrounding Israel and the middle east have not exactly been front and center with the current administration for the past eight years. What makes you think that Obama can possibly do worse?
To be just, the problems growing from a more powerful Iran and an Israel in turmoil are not of Bush's making. But he has ignored them.
McCain has my respect, and I believe that he can handle the military better than Obama, but I do not care for his hawkish stance. He may be able to fight a war better, but I do not believe that he has any interest in avoiding one, or ending one.

With regards, Wacoflyr

 

[OUjetdrvr]

Who ever said Palin was the most qualified of all the candidates, sure has the blinders on. And to vote for someone just because they are hot is about as silly as voting for/against one for their skin color. -Liberal/Conservative Independent American-

 

[gunfyter]

Palin is the one MOST Right (correct) on the issues.

Obama giving a speech right now bashing people who ride on corporate jets... sounds great for the Fractionals uke:

Guess again who's to blame for U.S. mortgage meltdown?
Analysts point not to greed, but to social activist politics


and...

'How the Democrats Created the Financial Crisis'...

 

[blueridge71]

You have conveniently forgotten that Obama was an almost lone voice against the war with Iraq to begin with. In my opinion, that qualifies as an important public foreign policy stance.

I didn't forget. He was not in Congress then so he didn't have to make the call. It's easy to criticize from the sidelines.

Besides, I think that history will judge that the liberation of Iraq was the correct move. Read the Iraqi Perspectives Report.
http://www.jfcom.mil/newslink/storyarchive/2008/P-4287 Vol 1.pdf

The problems surrounding Israel and the middle east have not exactly been front and center with the current administration for the past eight years. What makes you think that Obama can possibly do worse?
To be just, the problems growing from a more powerful Iran and an Israel in turmoil are not of Bush's making. But he has ignored them.

You are entitled to your own opinion, but not your own facts. Bush has pursued sanctions in the UN and worked with our NATO allies to build a coalition against Iranian nuclear programs.

He may not have been successful (largely due to Russia), but he hasn't ignored the problem. You would prefer a unilateral military strike, perhaps?

McCain has my respect, and I believe that he can handle the military better than Obama, but I do not care for his hawkish stance. He may be able to fight a war better, but I do not believe that he has any interest in avoiding one, or ending one.

With regards, Wacoflyr

With his (and Palin's) son in the military in Iraq, I believe that he has plenty of incentive to avoid and end. However, I do believe that he understands that peace is not merely the absence of conflict and that some things are worse than war.

 

[captain dad]

McCain Hates Pilots!

 

[54fighting]

Yeah, and Obama really gives a rat's a$$ about pilots.

 

[CA1900]

Yeah, and Obama really gives a rat's a$$ about pilots.

I'd rather have one who's indifferent to pilots -- and very supportive of unions -- than one who has publicly spoken out against "greedy" pilots and unions who "cripple" their companies.

 

[Bronco Buster]

You obviously don't know what you are talking about. Unless your estate is 2 million or more there is no federal estate tax. And by the way Teddy Roosevelt was, and Warren Buffet and Bill Gates are very strong supporters of the estate tax.

 

[54fighting]

What I am saying is that neither candidate cares. There are many more issues that I think are more important than whether either candidate gives a "token" thought about your career.

 

[gunfyter]

You obviously don't know what you are talking about. Unless your estate is 2 million or more there is no federal estate tax. And by the way Teddy Roosevelt was, and Warren Buffet and Bill Gates are very strong supporters of the estate tax.

I think most of us plan on estates of more than $2 million. As long as the Stock market returns to historically normal growth.

 

[bmxandjets]

+1

also, i don't want a guy in there who's friends with william ayers..

Yeah, let's try something different.

How about we try a 20% flat tax with the first $10,000 per family member exempt? Deductions for mortgage interest on the PRIMARY residence only and charitable contributions. Dividends, capital gains and interest ALL count as regular income. Want to see a rich guy squirm? Tell him he's got to pay 20% and a smart lawyer and accountant can't hide it.

How about we try school vouchers so poor people can send their kids to a good (read: private) school where they might actually learn something?

How about we try medical savings accounts where you actually control the money, pay directly for minor procedures and office visits, and therefore have to SHOP for a doctor and a laboratory and insurance is there for CATASTROPHIC injury or illness?

How about we try term limits so Robert Byrd can't spend more than FIFTY YEARS sending pork barrel projects to West Virginia?

How about we try applying the ENTIRE Constitution to the legal system and not just the parts certain people like? (Yes, I mean the Second Ammendment but I also mean FISA courts, wiretapping, and the like)

How about we try FREEZING the federal budget for 3 years? No cuts, no growth, just a freeze. Let the Cabinet Secretaries have a cage match over who gets how much.

I'll tell you why. Because NOBODY in Washington wants to try something new. Not Republicans, not Democrats, NOBODY.

There are a dozen other areas where we should try something new. Just putting a different pol in the White House AIN"T gonna make it happen.

 

[RTRHD]

Looks like the Obama meltdown is starting.

 

[G-force]

End Result!!

Increasing taxes for your customers (most non-corporation fractional customers will easily surpass $250K per year) will never be a good thing. They use part of their discretionary income/cash to buy their shares or their Marquis cards, etc.

Plus, Obama will make it more difficult for small business owners to succeed if they have to pay more for employee health care benefits (rightly or wrongly) and these small business owners could be future share owners. It just leaves less money in the tank for discretionary purposes. I would say that operators like Avantair would be hurt more because their average customers make less money than the "average" Netjets customer who can afford to pay more taxes. It's those people on the fringe who I would worry about most.

Vote Obama if you want higher taxes, more bureaucracy (layers of people) and vague promises that sound great without much detail... McCain will lower taxes and cut spending so that we all have more coin in our pockets to spend - that's a better idea in my book.

If Sen.Obama Bin Laden is elected POTUS,he will sign a tax bill that is going to completely HOSE all corporations and business,small or large,Then alot of pilots,those in fractionals,regionals,majors,charter,corporate,and CFI's will all lose their JOBS!!!