Is your haunt making over $250,000 per year?

[JayTeeDee]

Let me tell you that is a MAJOR ISSUE for me... Gas companies should be taxed with a windfall tax, when you profit exceeds a certain amount they should pay 50% of it in taxes, I'm all for that. This is something the Democrats proposed and Bush vetoed and that really pissed me off.

Gas companies are raping American's no doubt about it... McCain has said flat out he will take on the Gas companies and Palin has already done just that in Alaska. I can only hope they do!

There is a difference though between excess greed and keeping your money that you earned. GM isn't greedy, charging to much for their cars, they can't they have way to much competitions. If you raise taxes on all companies that make more than 250,000.00 well all the major companies in America that employ directly or indirectly will be affected.

Larry

This in its own right is a truly frightening statement!

The oil companies rate of return, their profit, is roughly 12%. That is not excessive. It's just that these energy companies are so massively big. You will find that there are all sorts of companies and industries who have profit rates that are highter. Should they all be taxed for "windfall profits"?

I don't work for an oil company or have any association with them, but, I just don't understand how anyone can say the rate of profit is excessive.

Take Exxon. Don't get bamboozled by someone stating they made $40 Billion over the last year. They are a $375 Billion company.

It costs money to drill for this resource, it costs money to buy it from where it is coming, it costs money to ship it, refine it, distribute it and such.

Yes, we're all being hurt at the gas pump, but, it's the Saudi's, Middle East, Russians and Venezuelans controlling the oil supply. They can manipulate the price of a barrel of oil simply by suggesting that they are thinking about cutting their output. Couple that with economies such as China, India and others that have been demanding more oil as well, the price is only going to rise globally.

Simply, absent an alternative, we are at their mercy.

[KroneDaddy]

First of all, if you tax the oil companies more, they'll just pass it on to us. Believe it or not, oil companies do have expenses, the oil isn't just handed to them by the Saudis. Exploration alone is expensive. I do not defend the oil companies for the gas crisis, but we should've been drilling on and off our own shores for all these years.

Obama will realize, if he wins, that to carry out all the promises he's made during the election, HE WILL RAISE TAXES ON US ALL, except those who don't pay taxes.

Remember the three words he told Joe the Plumber, he will "SPREAD THE WEALTH" which is code word for distribution of money from those of us who work and pay taxes to those who refuse to.

Remember the Carter years, 21% interest, inflation and unemployment through the roof? Much worse than now. Financial institutions are in trouble now in part because congress pressured banks and other loan companies to loan money to those who couldn't afford it.

Look how much worse the economy is and how much higher gas is since the Dems took over the House and Senate. No wonder their ratings worse than Bush, their between 9 - 13%. Obama worries me. But we're all friends and that's only my opinion.

[Infoamtek]

Something else you don't hear about. The Federal Government makes more $$$ per barrel of oil produced in or imported to this country than the oil companies do profitwise. If you want a true-to-life haunt room, make a legislative looking room and fill it full of man-sized bloodsucking leeches.

[Haunting Copy]

And here's something to remember. Corporations really don't pay taxes. They pass them down to the consumer by either raising prices or cutting back jobs. By raising corporate taxes, the government raises our taxes. Think about it.

This is why I would like to see focused, *significant* incentives to encourage corporations to reinvest.

Sarah

[Infoamtek]

And here's something to remember. Corporations really don't pay taxes. They pass them down to the consumer by either raising prices or cutting back jobs. By raising corporate taxes, the government raises our taxes. Think about it.

[Greg Chrise]

Only profits are taxed. For years and years since the 80s the corporate tax rate on profits and capital gains has been 35%. Obama is proposing 39% over $250,000 in profit.

This simply gives incentive for larger small businesses to invest in inventories, labor or materials rather than buy more ferrarris, Mc mansions and swimming pools every year.

Real growing businesses including haunts do not take a profit to this degree, they increase their quality or resources or open more locations thus employing more. So it is a catch 22. It may not bring in more income to the government but insures profits are reinvested rather than the government getting the money.

People with the job mentality and employees think that business owners are just sitting on stacks of cash. They aren't. They are generally paying overheads and buying inventories, paying labor and catching up on debts. As a result they are already paying no taxes beyond what they take as personal income. The business might be worth millions but the man lives on $8,000 per year.

This is just another way to pass a tax on luxuries that by itself has not been able to get through congress. Likely this tax increase won't make it through anyhow no matter what any president wants.

If you sell your business or merger you are screwed. That's when profits and capital gains are realized. At some point you grow out of the "small business" catagory and there are a whole other set of rules for large corporations already.

It's all just another way to keep the man down.

Just recently I went to a contractors company picnic of perhaps 1500 employees and friends all paid. Everyone got in for free and had nice evening at no cost as a reward for somehow supporting the mans business. That party would be tax deductible. In comparison, another contractor I have has for years been building his multi million dollar house to look like a roman cathedral with a french whore house decore. No company celebration what so ever. The later guy has never been over maybe 30 employees and when times are tough gets down to 8. At the exact same economic times the guy that celebrates his employees has not cut back on employment.

It is so much easier to run a haunted house that is well detailed and has investment. That takes care of the actors with proper meals and such. All the profits were reinvested year after year toward a better resource. Only bad haunters have driven away from a ticket booth with suitcases of money that are never seen again. I think all the piggy people do need to pay a bit more. They want smooth roads when they drive off fast don't they?

[Haunting Copy]

I think this poll might get a lot more response if those voting were not identified.

Tim @ www.ghoulishgallery.com

I agree!

Sarah

[rwrussom]

Why dont you edit the poll to provide various ranges of profit and make it a.nonymous. We might just get a glimps of the state of the business.

[drfrightner]

Let me tell you that is a MAJOR ISSUE for me... Gas companies should be taxed with a windfall tax, when you profit exceeds a certain amount they should pay 50% of it in taxes, I'm all for that. This is something the Democrats proposed and Bush vetoed and that really pissed me off.

Gas companies are raping American's no doubt about it... McCain has said flat out he will take on the Gas companies and Palin has already done just that in Alaska. I can only hope they do!

There is a difference though between excess greed and keeping your money that you earned. GM isn't greedy, charging to much for their cars, they can't they have way to much competitions. If you raise taxes on all companies that make more than 250,000.00 well all the major companies in America that employ directly or indirectly will be affected.

Larry

[ResistingFears]

I can't find a way to edit the poll to make it private.

And I doubt we would ever tax the major companies enough to put them out of business. Gas companies have been gauging us because they can!

[The Ghoulish Gallery]

I think this poll might get a lot more response if those voting were not identified.

Tim @ www.ghoulishgallery.com

[drfrightner]

OHG... you are kidding me? Working Americans are worried GM, Ford and all of these other places are going to LAY THEM OFF! Then how many hard working American's will have jobs.

People must accept the way this nation is set up...when big business or the wealthy have money they invest, the invest in things that create new jobs, when you take away their money they don't. When you raise taxes jobs leave this country for China or Mexico, then people don't have jobs.

Its not always about stick it to the man, because when you do it comes around full circle and bits you right in the butt. Most Americans work directly for or work for a business that gets their business from a major corporation.

Yeah lets just tax them right out of business, send every job overseas...that is a great idea!

Larry

[ResistingFears]

About 2/3 of Americans are currently struggling just to pay their bills. So when your concern is the tax on GM, Ford, White Castle, or the few who actually do make over $250,000 per year, I think you are not in touch with most of America, who are just trying to make it through each day. Let's worry about all of us first and then worry about giving the money-makers a tax break.

[drfrightner]

Howie,

I think you are 110% correct, but that isn't the point. I think most people think ah yeah stick it to the man, but its the so called man who employs almost every single American. How much more in taxes will struggling GM pay, or Ford pay, or even a company like White Castles. How much is 4% to a company like General Motors just how many jobs will that cost?

Why do we ship jobs overseas, what country in the WORLD has the second highest tax rates on business? You guessed it America, that should tell you right then and there why all the jobs get shipped out of this nation. When Obama raises taxes on any business he basically will be shipping even more jobs overseas and in fact costing many small business to cut jobs, and stunt growth.

Its not about how many make XXX amount, its about who you are taxing and how many jobs do they create and what will be lost once you do!

As for haunts making over $250,000 there are several, and clearly you can start with all the major theme parks in America who BUY MILLIONS of dollars from our haunted house vendors. True? Yes!

Do we have vendors making over $250,000.00 yes do we have haunts who do yes, do we have many haunts who are close or who will get there yes.

You make that much money because you EARNED IT you worked hard for it... and then some socialist comes along and wants to take it away. That is not American and it will cost this nation jobs for sure and I think that is the issue. Larry

[Howie Slobber Erlich]

It is ridiculous to think that many haunts are profiting more than $250,000. My guess is that less than 5% of haunted attractions make that kind of doe. Most, on a good year profit 40k - 150k. This tax increase would not affect many haunters. Here is another sad truth. I would guess that more than half the haunt owners out there have 2 sets of books. Many more don't even pay taxes on their haunt at all. Of course no one will admit any of that, but we all know it's true.

Just my opinion,

Howie "Slobber" Erlich
Owner
Deadly Intentions Haunted House
www.deadlyintentionshaunt.com