Topic: What Has Obama Done So Far?
no photo
Wed 11/10/10 08:26 AM

Are you not adult enough to handle a curse word?


flowerforyou

Winx's photo
Wed 11/10/10 08:27 AM

here's what he's done...and...why the Dems got slaughtered on tuesday...


The Democrats didn't get slaughtered. LOL They have the Senate and the White House.

willing2's photo
Wed 11/10/10 08:29 AM
1.) Selma Got Me Born - LIAR, your parents felt safe enough to have you in 1961 - Selma had no effect on your birth, as Selma was in 1965. Source: hotair.com

2.) Father Was A Goat Herder - LIAR, he was a privileged, well educated youth, who went on to work with the Kenyan Government. Source: http://www.godlikeproductions.com/forum1/message504435/pg1

3.) Father Was A Proud Freedom Fighter - LIAR, he was part of one of the most corrupt and violent governments Kenya has ever had Source:http://atlasshrugs2000.typepad.com/atlas_shrugs/2008/01/obamas-oginga-o.html

4.) My Family Has Strong Ties To African Freedom - LIAR, your cousin Raila Odinga has created mass violence in attempting to overturn a legitimate election in 2007, in Kenya. It is the first widespread violence in decades. Source:http://atlasshrugs2000.typepad.com/atlas_shrugs/2008/01/obamas-oginga-o.html

5.) My Grandmother Has Always Been A Christian - LIAR, she does her daily Salat prayers at 5am according to her own interviews. Not to mention, Christianity wouldn’t allow her to have been one of 14 wives to 1 man. Source: According to NYTimes story of April of last year, Sarah Hussein Obama told the New York Times she is a devout Muslim.

6.) My Name is African Swahili - LIAR, your name is Arabic and ‘Baraka’ (from which Barack came) means ‘blessed’ in that language. Hussein is also Arabic and so is Obama.

7.) I Never Practiced Islam - LIAR, you practiced it daily at school, where you were registered as a Muslim and kept that faith for 31 years,until your wife made you change, so you could run for office.

8.) My School In Indonesia Was Christian - LIAR, you were registered as Muslim there and got in trouble in Koranic Studies for making faces (check your own book).

9.) I Was Fluent In Indonesian - LIAR, not one teacher says you could speak the language.

10.) Because I Lived In Indonesia, I Have More Foreign Experience - LIAR, you were there from the ages of 6 to 10, and couldn’t even speak the language. What did you learn, how to study the Koran and watch cartoons.

11.) I Am Stronger On Foreign Affairs - LIAR, except for Africa (surprise) and the Middle East (bigger surprise), you have never been anywhere else on the planet and thus have NO experience with our closest allies.

12.) I Blame My Early Drug Use On Ethnic Confusion - LIAR, you were quite content in high school to be Barry Obama, no mention of Kenya and no mention of struggle to identify - your classmates said you were just fine.

13.)An Ebony Article Moved Me To Run For Office - LIAR, Ebony has yet to find the article you mention in your book. It doesn’t, and never did, exist.

14.) A Life Magazine Article Changed My Outlook On Life - LIAR, Life has yet to find the article you mention in your book. It doesn’t, and never did, exist.

15.) I Won’t Run On A National Ticket In ‘08 - LIAR, here you are, despite saying, live on TV, that you would not have enough experience by then, and you are all about having experience first.

16.) Present Votes Are Common In Illinois - LIAR, they are common for YOU, but not many others have 130 NO VOTES.

17.) Oops, I Misvoted - LIAR, only when caught by church groups and democrats, did you beg to change your misvote.

18.) I Was A Professor Of Law - LIAR, you were a senior lecturer ON LEAVE.

19.) I Was A Constitutional Lawyer - LIAR, you were a senior lecturer ON LEAVE.

20.) Without Me, There Would Be No Ethics Bill - LIAR, you didn’t write it,introduce it, change it, or create it. <!–noadsense–>

21.) The Ethics Bill Was Hard To Pass - LIAR, it took just 14 days from start to finish.

22.) I Wrote A Tough Nuclear Bill - LIAR, your bill was rejected by your own party for its pandering and lack of all regulation - mainly because of your Nuclear Donor, Exelon, from which David Axelrod came.

23.) I Have Released My State Records - LIAR, as of March, 2008, state bills you sponsored or voted for have yet to be released, exposing all the special interests pork hidden within.

24.) I Took On The Asbestos Altgeld Gardens Mess - LIAR, you were part of a large group of people who remedied Altgeld Gardens. You failed to mention anyone else but yourself, in your books.

25.) My Economics Bill Will Help America - LIAR, your 111 economic policies were just combined into a proposal which lost 99-0, and even YOU voted against your own bill.

26.) I Have Been A Bold Leader In Illinois - LIAR, even your own supporters claim to have not seen BOLD action on your part.

27.) I Passed 26 Of My Own Bills In One Year - LIAR, they were not YOUR bills, but rather handed to you, after their creation by a fellow Senator, to assist you in a future bid for higher office.

28.) No One Contacted Canada About NAFTA - LIAR, the Candian Government issued the names and a memo of the conversation your campaign had with them.

29.) I Am Tough On Terrorism - LIAR, you missed the Iran Resolution vote on terrorism and your good friend Ali Abunimah supports the destruction of Israel.

30.) I Am Not Acting As President Yet - LIAR, after the NAFTA Memo, a dead terrorist in the FARC, in Colombia, was found with a letter stating how you and he were working together on getting FARC recognized officially.

31.) I Didn’t Run Ads In Florida - LIAR, you allowed national ads to run 8-12 times per day for two weeks - and you still lost.

32.) I Won Michigan - LIAR, no you didn’t.

33.) I won Nevada - LIAR, no you did not.

34.) I Want All Votes To Count - LIAR, you said let the delegates decide.

35.) I Want Americans To Decide - LIAR, you prefer caucuses that limit the vote, confuse the voters, force a public vote, and only operate during small windows of time.

36.) I passed 900 Bills in the State Senate - LIAR, you passed 26, most of which you didn’t write yourself.

37.) My Campaign Was Extorted By A Friend - LIAR, that friend is threatening to sue if you do not stop saying this. Obama has stopped saying this.

38.) I Believe In Fairness, Not Tactics - LIAR, you used tactics to eliminate Alice Palmer from running against you.

39.) I Don’t Take PAC Money - LIAR, you take loads of it.

40.) I don’t Have Lobbysists - LIAR, you have over 47 lobbyists, and counting.

41.) My Campaign Had Nothing To Do With The 1984 Ad - LIAR, your own campaign worker made the ad on his Apple in one afternoon.

42.) My Campaign Never Took Over MySpace - LIAR, Tom, who started MySpace issued a warning about this advertising to MySpace clients.

43.) I Inspire People With My Words - LIAR, you inspire people with other people’s words.

44.) I Have Passed Bills In The U.S. Senate - LIAR, you have passed A BILL in the U.S. Senate - for Africa, which shows YOUR priorities.

45.) I Have Always Been Against Iraq - LIAR, you weren’t in office to vote against it AND you have voted to fund it every single time, unlike Kucinich, who seems to be out gutting you Obama. You also seem to be stepping back from your departure date - AGAIN.

46.) I Have Always Supported Universal Health Care - LIAR, your plan leaves us all to pay the 15,000,000 who don’t have to buy it.

47.) I Only Found Out About My Investment Conflicts Via Mail - LIAR, both companies you site as having sent you letters about this conflict have no record of any such letter ever being created or sent.

48.) I Am As Patriotic As Anyone - LIAR, you won’t wear a flag pin and you don’t put your hand over your heart during the Anthem.

49.) My Wife Didn’t Mean What She Said About Pride In Country - LIAR, your wife’s words follow lock-step in the vein of Wright and Farrahkan, in relation to their contempt and hatred of America.

50.) Wal-Mart Is A Company I Wouldn’t Support - LIAR, your wife has received nearly a quater of a million dollars through Treehouse, which is connected to Wal-Mart.

51.) Treehouse Is A Small Company - LIAR, the CEO of Treehouse last year, made more than the CEO of Wal-Mart, according to public records.

52.) University Of Chicago Hospital Pay Is Fair - LIAR, your wife’s pay raise was nearly 150% her already bloated rate and the hospital is a Non-Profit Hospital, which made $100,000,000 in the last 3 years. They overcharge blacks VS whites for services, and overcharge everyone in general by 538%!

53.)I Barely Know Rezko - Only 5 Billed Hours - LIAR, you have known him for 17 years, and decided to do a real estate deal with him during a time when he was proven to be under investigation. Despite this, you divided your property and had them take off $300K before the mortgage problems started. Then Rezko’s wife buys the lot beside it that you can’t afford, saving you $625,000.

54.) My Donations Have Been Checked Thoroughly - LIAR, you only gave back Hsu ($72K) and Rezko (first $66K, then when caught lying $86K, then when caught lying again $150K and now caught lying YET AGAIN OBAMA, it’s $250k) their money when publically called on their involvement in your campaigns.

55.) My Church Is Like Any Other Christian Church - LIAR, your church is so extreme, the pastor who married you, Rev. Wright, just got done blaming the US for 9/11 and named Louis Farrahkan their person of the year.

56.) I Disagree With My Church All The Time - LIAR, you still have yet to repudiate Wright, who married you and your wife, and you still donate large sums of money to assist the church in furthering its message - hatred and revenge. You donated in 2006 alone, $22,500 to the church that you so terribly disagree with. That is nearly $500 PER WEEK - that sure is disagreement, Senator Obama.

57.) I Have Clean Connections Despite Rezko - LIAR, you are not only connected to Exelon and Rezko, you are also connected to Hillary PAC supporter Mr. Hsu, AND an Iraqi Billionaire of ill repute, Nadhmi Auchi, who ripped off people in the Food For Oil, Iraqi deal. Seems Mr. Auchi may have helped Obama buy his million dollar property long before Obama had millions of dollars. Wonder what favors Mr. Auchi expects, when Obama leaves Iraq free to be taken over by special interests such as him.

58.) I never heard sermons like Rev. Wright’s, that have been in videos all day, You Tube - LIAR! 3 days later during your Mea Culpa BS speech you said “Did I hear controversial statements while I sat in that church? Yes I did.”

59.) The Passport Invasion is a conspiracy to find dirt on me! - LIAR. Your own Campaign Foreign Policy Advisor is the CEO of the company that looked into your records. PS - You had them look into yours to hide the fact you looked into Clinton’s and McCain’s more than a year before!

60.) Rev. Meeks has nothing to do with my campaigning - LIAR. Rev. Meeks appeared in ads for your Senate Campaign, donated to you, and helped raise money, then AND NOW. PS - He also seems to despise America.

61.) My wife didn’t mean America is ignorant, she was just using a phrase - LIAR. Again, MicHELLe’s comments perfectly sync with Wright’s, Meeks’, and Farrakhans, both in language, anger, and direction.

62.) I am very Anti-Terror - LIAR. [03/30/2008] One of your good pals is long time radical and terrorist William Ayers, with whom you have been seen in the last 12 months and who has helped the now jailed khalidi, Professor at Columbia who invited Ahmadinejad to the University, to raise money for Palestinian terrorism attacks against Israel. PS - Your church published a pro Hamas Manifesto - guess you weren’t there on THAT Sunday either? How lucky for you.


no photo
Wed 11/10/10 08:38 AM


here's what he's done...and...why the Dems got slaughtered on tuesday...


The Democrats didn't get slaughtered. LOL They have the Senate and the White House.


laugh

Senate +6
House +60
Governors +8

Texas House (+24)
Pennsylvania House (+14)
Ohio House (+14)
Ohio Senate (+11)
Michigan House (+18) and Michigan Senate (+5)
North Carolina House (+15) and North Carolina Senate (+11)
Wisconsin House (+26) and Wisconsin Senate (+16)
Iowa House (+16) and Iowa Senate (+6)
Missouri House (+18)
Alabama House (+15) and Alabama Senate (+6)
Arkansas House (+12) and Arkansas Senate (+8)
Tennessee House (+14)
Minnesota House (+26) and Minnesota Senate (+16)
New Hampshire House (+117)
Maine House (+21) and Maine Senate (6)
Connecticut House (+16)
Montana House (+18)
North Dakota House (+10)
Massachusetts House (+17)

Republicans now control a majority of state Legislatures. This is a redistricting year...:banana:

Lpdon's photo
Wed 11/10/10 10:11 AM


here's what he's done...and...why the Dems got slaughtered on tuesday...


The Democrats didn't get slaughtered. LOL They have the Senate and the White House.


They got slaughtered in the House, more seats then expected. They got slaughtered in Governorships, state asseblies and state senates. We also picked up 7 seats in the Senat putting us within two of a 50-50 tie and there is a strong potential that a Democrat who is a target in 2012 is considering switching parties to save his skin and word has it that Liebermann who also is up in 2012 might flip.

Not to mention we have the Supreme Court also.

Dragoness's photo
Wed 11/10/10 10:15 AM
I know you weren't expecting any positive response to the truth now were you Winx?:wink: laugh

Gumbyvs's photo
Wed 11/10/10 10:39 AM

I know you weren't expecting any positive response to the truth now were you Winx?:wink: laugh


I like how someone else picking at choosing what is true and ONLY positive toward Obama. Kinda reminds me of those same whack job sites that had nothing positive or completely true about Bush jr. But hey, Obama is going to be the MOST popular 1 term president in history.

Dragoness's photo
Wed 11/10/10 10:53 AM
There are negative things that are true about Obama.

The fact that he has done good things in his presidency is also true.

Gumbyvs's photo
Wed 11/10/10 10:56 AM

There are negative things that are true about Obama.

The fact that he has done good things in his presidency is also true.


Every president has done good things, but its the bad things that completely overshadow and belittle the good things that are the problem.

Dragoness's photo
Wed 11/10/10 11:00 AM
This thread is about Obama's accomplishments.




Gumbyvs's photo
Wed 11/10/10 11:05 AM

This thread is about Obama's accomplishments.



Oh I'm sorry, I forgot Dems think that accomplishments and failures are the same. My bad.

FearandLoathing's photo
Wed 11/10/10 11:06 AM
Edited by FearandLoathing on Wed 11/10/10 11:07 AM


I know you weren't expecting any positive response to the truth now were you Winx?:wink: laugh


I like how someone else picking at choosing what is true and ONLY positive toward Obama. Kinda reminds me of those same whack job sites that had nothing positive or completely true about Bush jr. But hey, Obama is going to be the MOST popular 1 term president in history.


Kind of like a good portion of you that say Obama hasn't done anything and back it up with a link to a forum...sorry, but a forum is the least legitimate source of information, you might as well put up a wikipedia page.

The fact of the matter is this: Everything on that website is true, whether or not you want to believe it, or you are just that blind that you don't see it...it is true. Argue it all you want, ***** and moan about whatever the hell, it still remains true.

Look, for crying out loud, at least do some bloody research on the BS you post before posting it. Look into the numbers, look into the references, fact-check. I know I make this sound really easy, but trust me, it is. You have the entire world at your fingertips and the only thing you can provide to back up your otherwise false arguments are some links to a random forum created by a guy in 2000.

Cheers.

Dragoness's photo
Wed 11/10/10 11:14 AM


This thread is about Obama's accomplishments.



Oh I'm sorry, I forgot Dems think that accomplishments and failures are the same. My bad.


Maybe Dems think that but I don't.

The accomplishments are true.

No matter who doesn't like it.

Winx's photo
Wed 11/10/10 01:37 PM
The Truth-O-Meter Says:

Obama "We cut taxes for 95 percent of working families."

Barack Obama on Wednesday, January 27th, 2010 in a State of the Union speech
Tax cut for 95 percent? The stimulus made it so.

True

President Barack Obama talked a lot about economic recovery during his State of the Union address on Jan. 27, 2010, including the benefits of the economic stimulus bill passed last year.

The stimulus, formally known as the American Recovery and Reinvestment Act, included tax cuts for many Americans, Obama said.

"We cut taxes. We cut taxes for 95 percent of working families. We cut taxes for small businesses," Obama said. "We cut taxes for first-time homebuyers. We cut taxes for parents trying to care for their children. We cut taxes for 8 million Americans paying for college."

Democrats applauded, while Republicans were silent for the most part. In one of the unscripted moments of the night, Obama looked at the Republican side of the room, smiled and said, "I thought I'd get some applause on that one."

Here, we wanted to check Obama's statement that he cut taxes for 95 percent of working families.

The key word in his statement is "working." Obama's claim is based on a tax cut intended to offset payroll taxes. Under the stimulus bill, single workers got $400, and working couples got $800. The Internal Revenue Service issued new guidelines to reduce withholdings for income tax, so many workers saw a small increase in their checks in April 2009.

The tax cut was part of Obama's campaign promises. During the campaign, Obama said he wanted $500 for each worker and $1,000 for working couples. Since the final number was a bit less than he promised, we rated his promise a Compromise on our Obameter, where we rate Obama's campaign promises for fulfillment.

During the campaign, the independent Tax Policy Center researched how Obama's tax proposals would affect workers. It concluded 94.3 percent of workers would receive a tax cut under Obama's plan based on the tax credit to offset payroll taxes. According to the analysis, the people who wouldn't get a tax cut are those who make more than $250,000 for couples or $200,000 for a single person. Obama said he intended to raise taxes on those high earners, a promise he reiterated during the State of the Union, and that revenue would offset the stimulus tax cut.

Because the stimulus act did give that broad-based tax cut to workers, we rate Obama's statement True.

http://www.politifact.com/truth-o-meter/statements/2010/jan/28/barack-obama/tax-cut-95-percent-stimulus-made-it-so/

no photo
Wed 11/10/10 01:41 PM

The Truth-O-Meter Says:

Obama "We cut taxes for 95 percent of working families."

Barack Obama on Wednesday, January 27th, 2010 in a State of the Union speech
Tax cut for 95 percent? The stimulus made it so.

True

President Barack Obama talked a lot about economic recovery during his State of the Union address on Jan. 27, 2010, including the benefits of the economic stimulus bill passed last year.

The stimulus, formally known as the American Recovery and Reinvestment Act, included tax cuts for many Americans, Obama said.

"We cut taxes. We cut taxes for 95 percent of working families. We cut taxes for small businesses," Obama said. "We cut taxes for first-time homebuyers. We cut taxes for parents trying to care for their children. We cut taxes for 8 million Americans paying for college."

Democrats applauded, while Republicans were silent for the most part. In one of the unscripted moments of the night, Obama looked at the Republican side of the room, smiled and said, "I thought I'd get some applause on that one."

Here, we wanted to check Obama's statement that he cut taxes for 95 percent of working families.

The key word in his statement is "working." Obama's claim is based on a tax cut intended to offset payroll taxes. Under the stimulus bill, single workers got $400, and working couples got $800. The Internal Revenue Service issued new guidelines to reduce withholdings for income tax, so many workers saw a small increase in their checks in April 2009.

The tax cut was part of Obama's campaign promises. During the campaign, Obama said he wanted $500 for each worker and $1,000 for working couples. Since the final number was a bit less than he promised, we rated his promise a Compromise on our Obameter, where we rate Obama's campaign promises for fulfillment.

During the campaign, the independent Tax Policy Center researched how Obama's tax proposals would affect workers. It concluded 94.3 percent of workers would receive a tax cut under Obama's plan based on the tax credit to offset payroll taxes. According to the analysis, the people who wouldn't get a tax cut are those who make more than $250,000 for couples or $200,000 for a single person. Obama said he intended to raise taxes on those high earners, a promise he reiterated during the State of the Union, and that revenue would offset the stimulus tax cut.

Because the stimulus act did give that broad-based tax cut to workers, we rate Obama's statement True.

http://www.politifact.com/truth-o-meter/statements/2010/jan/28/barack-obama/tax-cut-95-percent-stimulus-made-it-so/



Yes, that is true. But everyone's taxes go up next year. And then there are all sorts of neat tax increases that Obama's administration are pushing out to 2014 and later, so that they don't effect his chances of getting a second term.

boredinaz06's photo
Wed 11/10/10 01:48 PM



I have a feeling his "accomplishments" will go rightly unnoticed in 2012 when the people correct O.B.A.M.A. that was made in 08!

Winx's photo
Wed 11/10/10 01:57 PM
Edited by Winx on Wed 11/10/10 02:00 PM
The White House
Office of the Press Secretary
September 10, 2010

FACT SHEET: President Obama Has Signed Eight Small Business Tax Cuts Into Law, Pledges to Sign Eight New Tax Cuts Benefitting Millions of Small Businesses

I. President Obama Has Already Signed Into Law Eight Separate Small Business Tax Cuts: In the Recovery Act and subsequent legislation in 2009 and 2010, the President signed the following eight small business tax cuts into law:

1. A New Small Business Health Care Tax Credit
2. A New Tax Credit for Hiring Unemployed Workers
3. Bonus Depreciation Tax Incentives to Support New Investment
4. 75% Exclusion of Small Business Capital Gains
5. Expansion of Limits on Small Business Expensing
6. Five-Year Carryback of Net Operating Losses
7. Reduction of the Built-In Gains Holding Period for Small Businesses from 10 to 7 Years to Allow Small Business Greater Flexibility in Their Investments
8. Temporary Small Business Estimated Tax Payment Relief to Allow Small Businesses to Keep Needed Cash on Hand

II. The President Intends to Sign a Small Business Jobs Bill With Another Eight Tax Cuts Benefitting Millions of Small Businesses: For weeks, Republicans have been stalling progress of a Small Business Jobs Bill that would provide additional tax relief for millions of small businesses, including the following eight tax cuts:

1. Zero Capital Gains Taxes on Key Investments in Small Businesses:
2. The Highest Small Business Expensing Limit Ever– Up to $500,000
3. An Extension of 50% Bonus Depreciation
4. A New Deduction for Health Care Expenses for the Self-Employed
5. ax Relief and Simplification for Cell Phone Deductions
6. An Increase in The Deduction for Entrepreneurs’ Start-Up Expenses
7. A Five-Year Carryback Of General Business Credits
8. Limitations on Penalties for Errors in Tax Reporting That Disproportionately Affect Small Business

III. President Obama is Proposing Tax Cuts for Millions of Real Small Businesses, While Republicans Are Using Pretext of Helping Small Business to Fight for An Average of $100,000 in Tax Cuts for Those with Incomes Over $1 Million

* The President’s Eight New Small Business Tax Cuts Would Directly Help Millions of Real Small Businesses:

o Make 4.5 million small businesses and individuals eligible to increase the amount of investments they can write off
o Extend bonus depreciation for 2 million businesses, small and large
o Make investments in 1 million small businesses eligible for zero capital gains taxes
o Allow 2 million self-employed to receive a deduction for health insurance costs on self-employment taxes
o Enable virtually all small business owners to more easily receive a deduction for their use of cell phones

* While Republicans Claim that Their Push for High Income Tax Relief is Motivated by Concern for Small Business, 84% of the Tax Relief Goes to Those Making Over $1 Million: Republicans are holding middle class tax cuts hostage to borrow $700 billion to pay for tax cuts for the wealthiest 2% of earners. While they claim this effort is would help entrepreneurs and small businesses, according to the Joint Committee on Taxation, 84% of the tax relief would go to taxpayers with incomes of over $1 million.

* The High Income Taxpayers They Are Fighting to Get Tax Relief For Are Hardly What Most Americans Think of as Small Businesses: While Congressional Republicans’ rhetoric would imply they are fighting for start-ups, mom-and-pop store owners and aspiring entrepreneurs, they count as “small businesses” making “small business income” any and all high income taxpayers with any type of partnership income, sole proprietor income, or S corporation income. Thus, under their definition, the following are all counted as small businesses:

o Each partner of a major corporate law firm
o Billionaire hedge fund managers
o Over 50% of the top 400 taxpayers with the highest adjusted gross income, according to the IRS – a group that averaged $344 million each in income in 2007

The Small Business Jobs Bill: Providing Tax Relief to Millions of Small Businesses

The President has called on Congress to pass a strong Small Business Jobs Bill so that millions of small businesses can get the tax relief and access to credit that they need to expand, grow and hire. Included in the Small Business Jobs Bill are the following eight tax cuts:

1. Zero Taxes on Capital Gains from Key Small Business Investments: Under the Recovery Act, 75 percent of capital gains on key small business investments were excluded from taxes. The Senate Small Business Jobs Bill temporarily puts in place for 2010 a provision called for by the President – elimination of all capital gains taxes on these investments. Key investments in 1 million small businesses would be eligible for this tax cut.

2. Extension and Expansion of Small Businesses’ Ability to Immediately Expense Capital Investments: The bill temporarily increases for 2010 and 2011 the amount of investments in new plants or equipment that 4.5 million small businesses would be eligible to immediately write off to $500,000 – its highest limit ever – while raising the level of investments at which the write-off phases out to $2 million.

3. Extension of 50% Bonus Depreciation: The bill extends through 2010– as the President proposed in his budget – a Recovery Act provision for 50 percent “bonus depreciation” for 2 million businesses, large and small, providing them with incentives to invest in plants and equipment by accelerating the rate at which they can deduct capital expenditures.

4. A New Deduction of Health Insurance Costs for Self-Employed: The bill would allow 2 million self-employed to deduct the cost of health insurance in 2010 for themselves and their family members in calculating their self-employment taxes. This provision is estimated to provide over $1.9 billion in tax cuts for these entrepreneurs.

5. Tax Relief and Simplification for Cell Phone Deductions: The bill would change tax rules so that the use of cell phones can be deducted without burdensome extra documentation – making it easier for virtually every small business in America to receive deductions that they are entitled to.

6. An Increase in the Deduction for Entrepreneurs’ Start-Up Expenses: The bill would temporarily increase in 2010 the amount of start-up expenditures entrepreneurs can deduct from their taxes from $5,000 to $10,000 (with a phase-out threshold of $60,000 in expenditures), offering an immediate incentive for someone with a new business idea to invest in starting up a new small business.

7. A Five-Year Carryback Of General Business Credits: The bill would allow certain small businesses to “carry back” their general business credits to offset five years of taxes – providing them with an instant tax break – while also allowing these credits to offset the Alternative Minimum Tax, reducing taxes for these small businesses.
8. Limitations on Penalties for Errors in Tax Reporting That Disproportionately Affect Small Business: The bill would change the penalty for failing to report certain tax transactions from a fixed dollar amount – which was criticized for imposing a larger penalty on small businesses – to a percentage of the tax benefits from the transaction.

Lending Support to Small Businesses Still Struggling to Access the Credit They Need to Expand and Hire: With many creditworthy small businesses still struggling to get the credit they need to grow, the Small Business Jobs Bill would also:

* Create a new $30 billion Small Business Lending Fund
* Establish a State Small Business Credit Initiative to strengthen state programs that support private-sector lending to small businesses
* Extend successful Recovery Act provisions raising SBA loan guarantees and eliminating fees
* Double the maximum size of most SBA loans

http://www.whitehouse.gov/the-press-office/2010/09/10/fact-sheet-president-obama-has-signed-eight-small-business-tax-cuts-law-

Winx's photo
Wed 11/10/10 02:02 PM

Yes, that is true. But everyone's taxes go up next year. And then there are all sorts of neat tax increases that Obama's administration are pushing out to 2014 and later, so that they don't effect his chances of getting a second term.


That's nice to see that you can admit when he does something right.

Everyone's taxes go up next year? Everyone making over $250,000. They just go back to what they were before Bush cut them.

InvictusV's photo
Wed 11/10/10 02:02 PM


here's what he's done...and...why the Dems got slaughtered on tuesday...


The Democrats didn't get slaughtered. LOL They have the Senate and the White House.


are you in denial?


boredinaz06's photo
Wed 11/10/10 02:06 PM



in reality the dems DO NOT have the senate. With the number of seats lost in the senate and the number gained by republicans in conjunction with blue dog, moderate and conservative democrats its gonna be hard for the liberal democrats to do anything.