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Joe the Plumber even had time to do an interview with a RW web site...

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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 02:24 AM
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Joe the Plumber even had time to do an interview with a RW web site...
http://familysecuritymatters.org/publications/id.1465/pub_detail.asp

Exclusive: Obama – ‘Spread the Wealth Around’ Reveals Socialist Plan for America

Interview with Joe Wurzelbacher

The Editors

At a recent campaign appearance in Ohio, Sen. Obama was approached by plumber Joe Wurzelbacher, who has concerns about Obama’s proposed tax policies. FamilySecurityMatters.org’s Pam Meister had a candid conversation with him about his experience.

PAM MEISTER: You recently met Sen. Obama on the campaign trail in Ohio, and you asked him a question about his tax policies. What exactly was your question for him?

JOE WURZELBACHER: Initially, I started off asking him if he believed in the American Dream and he said yes, he does – and then I proceeded to ask him then why he’s penalizing me for trying to fulfill it. He asked, “what do you mean,” and I explained to him that I’m planning on purchasing this company – it’s not something I’m gonna purchase outright, it’s something I’m going to have to make payments on for years – but essentially I’m going to buy this company, and the profits generated by that could possibly put me in that tax bracket he’s talking about and that bothers me. It’s not like I would be rich; I would still just be a working plumber. I work hard for my money, and the fact that he thinks I make a little too much that he just wants to redistribute it to other people. Some of them might need it, but at the same time, it’s not their discretion to do it – it’s mine.

PM: You’re a plumber, and you’re looking to buy your own plumbing business?

JW: Correct.

PM: Would that plumbing business employ other people or would it just employ you?

more at link above
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 02:27 AM
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1. could possibly
"profits generated by that could possibly put me"

why not wait til you get there eh?
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Duer 157099 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 02:29 AM
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2. Not going to a RW site to read the rest...
but I bet he's going to lose a lot of business once his customers figure out that he's making a ton of money while they're all going into foreclosure...

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ErinBerin84 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 02:31 AM
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3. my friend just told me that she's now going as Joe the plumber for Halloween
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azurnoir Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 02:38 AM
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4. If Joe's business
is still making 250,000+ after business deductions, then Joe either needs employee's 'cause business is good, or he needs a new accountant.
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 03:22 AM
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5. This dumb bastard doesn't seem to understand that as an owner ...
He will be able to take depreciation (non cash writeoffs against revenues) for the real estate, for the equipment, and in doing so, will avoid having that revenue taxed at all.

He will deduct (expense) all his various expenses, except capital improvements, and he will have a ton of deductions that will bring down his actual INCOME.

He's a guy who needs a CPA, not a politician. He will be fine under Obama's plan and will, in fact, see a reduction in his tax load.
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Raine Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 03:32 AM
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6. Time for that but apparently no time to register to vote
if he's so concerned why doesn't he vote. :yoiks:
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Dems4me Donating Member (273 posts) Send PM | Profile | Ignore Thu Oct-16-08 05:01 AM
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7. Income of $250,000 a year in Ohio or here in VA for a working anybody is Not Just getting by. nt
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