Nick Gillespie | October 16, 2008
Via the Cincinnati Enquirer and the AP, everything you wanted to know about last night's breakout star, Joe the Plumber.
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So I guess Joe Sixpack decided to vote for Obama, and McCain had to find somebody with a six figure income to be the face of his campaign.
So I guess Joe Sixpack decided to vote for Obama, and McCain
had to find somebody with a six figure income to be the face of his
campaign.
Haven't you heard? Small business owners are like God's own
children!
I always thought it kinda crazy that a State like Ohio could
have so much influence on the selection of a President of all fifty
States. Now, that influence is being focused even further one one
plumber within Ohio.
Isn't progress wonderful?
Do I get to ask the candidates what they're going to give me? Because I really want to know.
Isn't progress wonderful?
I'm sure there's a whole cafe's worth of old French philosophers
who, had they not already died, would be orgasming to death over
the collective realization of all their theories.
The media of course is snarky to the guy. Being a plumer is a really crappy job. That is why it pays so much. My guess is that 99% of journalists wouldn't last 10 minutes as one.
At a later point in the discussion, Obama said: "I think
when you spread the wealth around, it's good for everybody. But
listen, I respect what you do and I respect your question, and even
if I don't get your vote, I'm still gonna be working hard on your
behalf because small businesses are what creates jobs in this
country and I want to encourage it."
And don't try to keep the unions out, or I'll come down on you like
a ton of hot bricks.
"spread the wealth around"
Fuck You, Senator.
i'm watching this guy on msnbc right now...who the hell IS this guy?? don't call me alex jones conspiracy theorist or something but there's something bullshit-ish about this guy? he feels like an actor playing a working class guy. he looks the part but is too articulate and comfortable in front of the camera to be the real deal.
Has anybody talked to the present owner of the pluming
contractor, to see what he thinks about the tax consequences of the
sale under la Regime Obamanomical?
He doesn't need all that money, anyway.
The media of course is snarky to the guy. Being a plumer is
a really crappy job. That is why it pays so much. My guess is that
99% of journalists wouldn't last 10 minutes as one.
For someone who gets really mad when people project about you, you
sure do project what you think others will or won't be able to do
quite a bit.
The funny thing is, according to Politico, he's not even
registered to vote.
Never mind, looks like Ben Smith found that it's not the case and
his name must be misspelled. He's a registered Republican.
joe went on this tired rant about ''i'm tired of being saying this a bad country" stuff. ugh i'm so sick of that kind of debate in this country. why can't people love this country and acknowledge flaws in a healthy balance. i feel like i and a handful of my friends are alone on that one and everyone else is to the extreme opposites. my response to the plumber and his ilk is that i hate smug liberal douchbags who call americans stupid and evil as much as the next sensible person but grow the fuck up and stop disregarding legitimate problems and criticism with childish idealised patriotism.
I do my own welding.
If you are going to do online drag then at least use a stripper
name handle!
"The media of course is snarky to the guy. Being a plum[b]er is
a really crappy job. That is why it pays so much. My guess is that
99% of journalists wouldn't last 10 minutes as one."
Let us be fair - journalists and politicians not only have to wade
through more crap than plumbers, they have to pretend that it
smells like roses.
"'It's not that I want to punish your success,' Obama said. 'I just
want to make sure that everybody who is behind you that they've got
a chance at success, too.'"
Being a plumber is considered a really good job where I come from. And it should be noted that to work as a plumber, you have to be licensed by a state. Therefore, it could be inferred that plumbers have SOME built in competition protection, BECAUSE of government regulation. It seems today that most people want to have their cake and eat it too.
Spreading the wealth around is the new watchword for todays
youth. It sounds so much less sinister than wealth redistribution.
The libertarian message lost this argument the moment the GOP went
with compasionate conservatism.
Obamas comment that he wants to help "those that come after you"
misses the point entirely that the people won't come after Joe in
creating prosperity, because they won't need to bother once they
get their hands on Joe's hard earned money.
"'It's not that I want to punish your success,' Obama said. 'I
just want to make sure that everybody who is behind you that
they've got a chance at success, too.'"
It's a good thing Obama has the election sewn up (as far as human
affairs can be predicted) - if Mondale had said it, that comment
would be cited as one of the reasons for his defeat.
disclaimer: The Repubs believe this stuff, too - they try not to
blurt it out that explicitly when talking to the targets of their
policies.
Anybody know how much it would cost to buy an established plumbing business generating enough to pay the owner $250,000+?
"'It's not that I want to punish your success,' Obama said. 'I
just want to make sure that everybody who is behind you that
they've got a chance at success, too.'"
By, of course, punishing your success. But it makes my Hollywood
friends feel better about themselves!
Obama quotes: (emphasis mine)
"Not only do 98 percent of small businesses make less than $250,000, but I also want to give them additional tax breaks, because they are the drivers of the economy," Obama said. "They produce the most jobs."
Obama said..."the reason why we're doing that is because 95 percent of small businesses make less than 250 (thousand). So what I want to do is give them a tax cut."
98 percent, 95 percent...I think I'll just make up some number that
makes it sound like I'll only be hurting a few, successful--er, I
mean greedy--business owners.
I know, surprise, surprise: a politician would never just make
stuff up in attempt to justify a policy.
What happens if Joe the Plumber is a libertarian? I bet we'd stop hearing about him if that came out.
I just want to make sure that everybody who is behind you
that they've got a chance at success
Successfully getting a handout from the government, maybe.
PB,
Perhaps Sen. Obama had a whole different "everybody who is behind
you" meaning?
What happens if Joe the Plumber is a libertarian? I bet we'd
stop hearing about him if that came out.
he isn't. i just watched him talk extensively on msnbc and he's for
the war in iraq. i'm sure he voted for bush and will probably vote
mccain.
What about Rob the SAS programmer?
Statistically, he was a non-factor.
Which Rob, of course, already knew.
Successfully getting a handout from the government,
maybe.
I make considerably less than 250K, could anyone explain how giving
me a halfway decent break on my taxes is a handout?
Also, why would anyone in their right mind with a business making
over 250K claim that as personal income?
$250k is a lot of money simply for knowing that water flows
downhill.
My guess is that it not being only water is the reason why it is
lucrative.
"Also, why would anyone in their right mind with a business
making over 250K claim that as personal income?"
A subchapter S corporation. There are tax advantages.
Spreading the wealth around is the new watchword for today's
youth.
It's hardly new. Huey Long's "Share Our Wealth" program was in
1934.
Dave the Video Guy,
Some of the Socialists here might get back to you on that, or the
folks on Ezra Klein's 'blog might have a spew for you.
However, no, giving you and everybody else in your income level a
tax break is not a handout. If it were a tax break for only Video
Guys named Dave (or just Video Guys), then that could be percieved
by a lot of people as a handout.
So is Barr going to show up for the third party debate or is he
a scumbag?
http://thecaucus.blogs.nytimes.com/2008/10/15/still-to-come-the-third-party-debate/
By the way, Obama keeps talking about families making over $250,000. What about single folks?
Video Guy Dave - If your tax "cut" is a series of credits you can claim even if you currently pay no taxes, that it makes it a bit like a handout.
By the way, Obama keeps talking about families making over
$250,000. What about single folks?
I assume you would cut it in half and if you make more than 125K,
you better be ready to write some checks to the chosen one.
Of course the President doesn't write tax policy, Congress does. Does anyone here actually think Nancy Pelosi will only tax those making over $250k? If she does, I am sure Obama will step in to protect everyone else.
"spread the wealth around"
If Obama wants to send me a cut of the proceeds from his books, I
can live with that.
If he wants some of my paycheck to give to some drug-addled
miscreant in the middle of a collapsing city, he can go fuck
himself.
God, I hope Joe the plumber is leaving a squeaky clean life. The
press just put on the rubber gloves and got the flashlights out.
All that's left is the coin toss to determine if lubricant will be
used.
Oh, and if the economy is so damnned bad and credit is so
impossible to get, how is Joe the plumber gonna buy such an
expensive business?
Video Dave and Terry,
If you evever filled in the EITC section of a Tax form.....
You might have received a handout.
Otherwise, sot so much.
Obama said that under his proposal taxes on any
revenue from $250,000 on down would stay the same, but
that amounts above that level would be subject to a 39 percent tax,
instead of the current 36 percent rate.
"And the reason why we're doing that is because 95 percent of small
businesses make less than 250 (thousand). So what I want to
do is give them a tax cut. I want to give all these folks
who are bus drivers, teachers, auto workers who make less, I want
to give them a tax cut," he said.
WTF?
I want to give them a tax cut. But I need to spread the wealth
around.
A targeted tax cut without an accompanying spending cut of equal
value is effectively a redistribution of the tax burden.
If someone else is paying what used to be your responsibility, it's
not a stretch to call that a handout.
What happens if Joe the Plumber is a libertarian? ... he isn't. i just watched him ... on msnbc ...
Damn! I thought we had our 2012 presidential nominee.
Small business owners and income.
http://www.payscale.com/research/US/Job=Owner,_Small_Business/Salary
Anyone got better numbers>
"I assume you would cut it in half and if you make more than
125K, you better be ready to write some checks to the chosen
one."
As convoluted as it sounds, I moved from NYC to Florida recently.
Given the tax burden in NYC vs. FL, and there's not much Obama can
do to make me feel a tax pinch. Though I'm probably in the bracket
to pay an extra 3%. ($4,000 or so. That's a used Alembic right
there).
Serious question: is the tax thing gonna start on the business after 250k revenues or is Obama talking about what Joe the plumber shows on his 1040 as his income?
If your tax "cut" is a series of credits you can claim even
if you currently pay no taxes, that it makes it a bit like a
handout.
I see. So if I paid 5K in taxes last year, but this year I'm able
to take some credits and whittle that down to 4K, then I'm a
welfare queen.
Makes perfect sense to me.
Let me know when Senator Hopey McChangeling comes out in favor of simplifying the tax code.
I'm sure that will come at the same time he disbands the TSA and cuts the DHS budget by seventy-five per cent, and the day after he issues an executive order to the NSA to suspend domestic warrantless wiretapping operations. And prohibits the DoD from giving military equipment to local police departments.
Joe the Plumber sure is bringing out a lot of cosmopolitan Nancy-boy office workers that seem to really be in a hurry to discredit him. Some people just can't handle it that there are blue collars out there that keep the office workers over mortgaged houses and asses running and are making more money by doing that than Nancy-boy is as an over blown account executive.
I see. So if I paid 5K in taxes last year, but this year I'm
able to take some credits and whittle that down to 4K, then I'm a
welfare queen.
No one said "welfare queen," but the fact is that in your
hypothetical, a central planner decided that a redistribution of
the tax burden was necessary, and others are now paying that
$1k.
The distribution may be more "fair", or it may not - the point is
that the tax code is the aggregate of thousands of similar
(distortionary) decisions by Congress. Targeted tax cuts are akin
to regulatory distortions, rent-seeking and all.
"Lamar namedrops Alembic and confirms that he is a man of
wealth and taste."
Where "American made" actually means "better".
We shouldn't worry. It's obvious that Obama will only be
spreading somebody else's wealth around.
See? We're in the clear and now we're rich! Rich! I tell you!
I guess I'm just too dense to understand the validity of the premise and the notion that Joe has to "buy" a business in order to "own" one. He already has a customer base, I would assume. Why not start his own business, which--if he already owns his own tools (I bet he does)--is considerably less expensive? Why is it, when we even discuss business ownership, that we have to approach from a consumerist level? I think Joe needs to think about creating his own business instead of buying someone else's.
"Joe the Plumber sure is bringing out a lot of cosmopolitan
Nancy-boy office workers that seem to really be in a hurry to
discredit him."
Nobody's discrediting him. I'm questioning the idea that he's the
same as Joe Sixpack. There's a reason that McCain didn't pick Amir
the computer software developer for his synecdoche.
"I think Joe needs to think about creating his own business
instead of buying someone else's."
He's buying goodwill and he's buying a customer base. There's
nothing consumerist about buying and selling businesses. After all,
many who start businesses do so with the intent of selling the
second they catch on.
also, video guy, to restate - Obama wants to make those credits available not just to individuals who pay $5K a year in taxes, but also to those who pay none at all - apparently some 40% of the population. If you're not paying taxes to begin with and tax credits are made available to you, that's basically a transfer payment.
It might be interesting to hear what Just Plumbin' Joe has to say about dropping the licensing requirements for plumbers.
Anybody know how much it would cost to buy an established
plumbing business generating enough to pay the owner
$250,000+?
Let's say the company's net income is $250,000 (for simplicities
sake). If we assume a P/E of 8x, since plumbing is a relatively
mature industry, he's in Ohio (so high growth is unlikely) and it's
a pretty competitive market. That company would go for about $2
million.
Hogan, you beat me to the clear explanation. to expand on that,
I'll point out that it's not terribly different than what already
occurs - studies show that once you consider non-cash government
benefits (which go to low income people disproportionately to their
income) everyone in the lower 60% of taxpayers is already a net
welfare queen - meaning they get more than they pay. This is
obvious if you pay no taxes, as a lot of people do. It's less
obvious if you pay 8k in taxes - you are thinking "hey, I pay
taxes, I need a break" Most people don't realize they are already
getting more than 8k in benefits once they send their kids to
school, drive on the roads, flush their toilets etc.
Obama's plan drops the pretense of providing services and just
writes a check. This is actually a decent idea - if we could
eliminate the government spending. I would happily subscribe to a
system of outright welfare to rid ourselves of an infinitely worse
system that redistributes sneakily so that recipients of welfare
think of themselves as payers. Of course Obama proposes no such
thing, ust a tack on, but I can dream.
If Joe the Plumber is afraid of a tax hike...he has NO BUSINESS openning up a new Businesses.
"Lamar, I think you just strengthened my point
unintentionally."
Yay! Everybody wins!!
"I think when you spread the wealth around, it's good for
everybody."
News flash, Obama: not everybody. Not the people whose wealth is
being stolen. They tend to be a bit ungrateful about the goodness
being inflicted on them.
He's buying goodwill and he's buying a customer
base.
And he's buying a stream of income; it's a lot easier to get your
friendly neighborhood banker to partner up with you when you have
real, historical revenue numbers to work with instead of
pie-in-the-sky "projections".
News flash, Obama: not everybody. Not the people whose
wealth is being stolen. They tend to be a bit ungrateful about the
goodness being inflicted on them.
Some of them tend to warm to it after they discover that more
people can afford to buy their product.
[/demand-side shill]
why is obama not spreading his millions around?
Well, millions > 250,000 so I guess he would be, wouldn't
he?
El - prepare to be eliminated.
LOL. I guess I've been typing aloud again.
Remember, no amount of hourly wages, cell phones, wide screen
TVs, cool shoes or cars pull people from the grips of
poverty.
Until you have a pony from the government you are one of the
downtrodden masses.
"Remember, no amount of hourly wages, cell phones, wide
screen TVs, cool shoes or cars pull people from the grips of
poverty."
There's no poverty in the 'hood. Have you seen some of those
rims?
This needs to be repeated:
Obama said that under his proposal taxes on any revenue
from $250,000 on down would stay the same, but that
amounts above that level would be subject to a 39 percent tax,
instead of the current 36 percent rate.
"And the reason why we're doing that is because 95 percent of small
businesses make less than 250 (thousand). So what I want to
do is give them a tax cut. I want to give all these folks
who are bus drivers, teachers, auto workers who make less, I want
to give them a tax cut," he said.
If the taxation levels below $250k are staying the same, how is
that a tax cut?
If the taxation levels below $250k are staying the same, how
is that a tax cut?
That is Leftoid-math. Goes along with spending "cuts" when the rate
stays the same or increases. See also subsidy, when a tax rate is
lowered.
We should just leave Joe Plumber and his money alone. Perhaps
he'll grow his business and REALLY help keep people out of
"poverty" by giving them a REAL job that pays them REAL money for
their REAL hard work.
While we're at it, let's leave his employees alone and let them
keep their money too.
But then perhaps Joe will fail miserably, and if he does, we should
still leave him alone. Unless, of course, we want to help him out
voluntarily.
"Hope for Change" is a hope for change to more socialism, so we can
all be equally miserable together--that would, afterall be fair,
wouldn't it?
Mr. Obama, please feel free to redistribute some of your personal
wealth into my tin cup.
But unlike you, I won't force you to do it. I'll just count on you
putting your money where your mouth is with your overwhelming
generosity. Let's see how the compassion in your words translates
into compassion in your deeds.
I'm not going to read all these comments just to make this
joke:
I'm not a plumber, but I do like to lay some pipe.
This is actually a decent idea - if we could eliminate the
government spending. I would happily subscribe to a system of
outright welfare to rid ourselves of an infinitely worse system
that redistributes sneakily so that recipients of welfare think of
themselves as payers.
I have thought about this myself, too.
I think that as a "transition point" that moves us closer to
libertarianism, I would advocate turning a lot of non-cash benefits
into cash benefits: get rid of the food stamp program, the Section
8 Housing voucher program, and similar benefits and just send
checks to people directly via the SSI system. I'd also eliminate
the qualification process for these benefits and merely work
directly from the IRS database of declared income. I'd even be
willing to increase the total benefit amount in dollar terms
somewhat if this was done.
This would probably allow for an increase in the amount paid out in
fraudulent benefits, but it would accomplish a couple of good
things:
1. It would decimate the ranks of the bureaucracy. The Masters in
Social Work would become basically just a ticket to employment in
the fast food industry. If we lose a little money on fraud, we make
some [or all] of that money back by gutting our bureaucratic
expenses.
2. It would stop infantilizing the poor, by trying to micromanage
their lives by limiting what they can spend their transfer payments
on. And some of the poor would, you know, take the extra cash and
SAVE it, or use it to build towards some future goal.
3. It would concentrate transfer payment spending in one place,
which I think would make it easier to control over time.
I think doing this, along with my other "transition point" of
instituting means testing for Social Security and Medicare, is both
politically feasible and hugely beneficial to libertarian policy
interests in the long run.
F*ck Joe the F*ucking PLUMBER...he is an a**hole and D*ck... what a joke, that is not even funny, a plumber that makes $250K a year ...give me a break...JOKE, JOKE...not funny.
Really.. Joe The Plumber is actually a "ringer" and now is in big trouble, he should have kept his mouth closed and now he is found to be a person who owes (alleg) a ton of money (alleg) to the IRS. Why would someone do that, Jon Stewart said that people will do anything to be on TV... (alleg) he is an h*m*s*exua*.
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