Source: Messiahtube.eu
Tuesday, May 26, 2009
A VERY OMINOUS REPORT EVERY US CITIZEN NEEDS TO HEAR
Source: Messiahtube.eu
Wednesday, May 13, 2009
Senator Cornyn speaks about Obama's Tax Proposals
Higher Taxes, Weaker Businesses
The following op-ed was published in Politico, which can also be accessed here.
Last week, President Barack Obama provided more details about his proposals to raise taxes on American companies doing business overseas. The administration seeks ever more revenue to help feed a voracious federal bureaucracy, but its proposals are misguided. These tax proposals would reduce American competitiveness, eliminate American jobs and further weaken the American economy.
The populists and protectionists want to demonize American businesses that invest overseas. The truth is that foreign investment helps create jobs for businesses in every sector of our economy. About 95 percent of the world’s consumers live outside the United States, and American workers produce the high-quality goods and services that many of them want to buy. By investing in overseas markets, American businesses can deliver more of our products to foreign consumers and create more jobs here in America. According to the National Bureau of Economic Research, each dollar that U.S. businesses invest in foreign nations generates $3.50 of additional investment here at home.
American businesses succeed in the global economy despite an unfair and complex federal tax code. Our nation taxes all corporations at a higher rate than most industrialized countries. We are also one of the few nations to tax our own corporations on their income worldwide, rather than on the income generated in our territory. To mitigate the resulting problem of double taxation for U.S. subsidiaries in foreign nations, our tax code also includes a byzantine set of regulations. These regulations include U.S. tax credits for taxes paid on income overseas and the deferral of tax liability on foreign income until the earnings are brought back into the United States.
A high tax rate and a complex tax code put the United States at a competitive disadvantage, so we clearly need reform. But only some of the administration’s proposals, such as cracking down on illegal tax shelters, represent the reform we need. Others would actually make the problem worse. The administration effectively wants to eliminate the deferral of tax liability that allows U.S. businesses to compete in many foreign markets. By effectively raising taxes on income earned overseas, this proposal will make American businesses lose market share in foreign countries and force job cuts here at home.
Even fellow Democrats understand that the president’s proposal to eliminate the deferral of foreign tax liability would create a competitive disadvantage for American businesses. When Rep. Charles Rangel, the chairman of the House Ways and Means Committee, offered a similar proposal in 2007, he paired it with a reduction in the corporate tax rate from 35 percent to 30.5 percent. In doing so, he acknowledged that the elimination of the deferral alone would greatly reduce American competitiveness.
The administration would benefit by listening to the leaders of some of America’s most successful job creators, from traditional manufacturers to high-tech entrepreneurs. They understand that U.S. multinationals contribute $2.5 trillion to our economy. They employ nearly 22 million Americans directly and create millions more American jobs at their suppliers, many of them at small businesses. Our policies should encourage American businesses to seek out opportunities in the global economy, rather than punish them when they do so successfully. Proposals like the president’s would make U.S. businesses far less competitive and cede opportunities in new markets to foreign companies.
The president’s proposals reflect a protectionist worldview, not the realities and opportunities of our global economy. Our interconnected world allows goods and services to move from Austin to Austria with the click of a computer mouse. American businesses can thrive in this highly competitive environment, but not if we single them out with higher taxes. Only by simplifying our tax code and lowering our tax rates can we jump-start the next American economic expansion and create jobs for Americans.
Is Your Business Healthy?
IS YOUR BUSINESS HEALTHY?
In an effort to help small businesses identify and correct problems before they become serious, the Marshall Chamber of Commerce, the Marshall Downtown Merchants Association and the Small Business Development Center are offering a new seminar called the Business Health Checkup. This seminar will help you "recession-proof" your business by discussing topics such as cash flow strategies, employee turnover, movement of products, employee productivity and banker relationships.
Continental breakfast provided.
Lunch provided.
REGISTER TODAY!
Date: Thursday, May 28
Times: 8:30-9:30 am
Continental
Breakfast
provided
or 12:00-1:00 pm
Lunch is provided
Location: Marshall Chamber of Commerce - 213 Austin Street
Cost: FREE!
Call to RSVP!
(903) 935-7868
FREE CHECKUP
During the seminar, participants will complete a brief questionnaire designed to help determine key issues to keep their business healthy. The questionnaire will look at major business decisions such as basic planning, personnel, sales and marketing, advertising and promotion, and financial planning.
The FREE Business Health Checkup will be offered May 28 at the Marshall Chamber of Commerce, located at 213 West Austin Street. There will be two(2) sessions offered - 8:30-9:30am and 12:00-1:00pm. It will be presented by Brad Bunt, Director and Virgel Conner, counselor at the SBDC.
Seating is limited and early registration is recommended. To register, please call the Marshall Chamber of Commerce at (903) 935-7868.
To receive more information on this and all SBDC training programs, call the SBDC at (903) 757-5857 or (800) 338-7232.
Wednesday, May 6, 2009
Nielsen Report is in - Video on Websites take over
I have reviewed some hot golden nuggets from that report:
1. In the last year alone, time spent on social networking sites has surged 73%. That's a massive jump.
2. The number of American users frequenting online video destinations has climbed 339 percent since 2003 - What this means is that online video is the future.
3. Time spent on video sites has shot up almost 2,000 percent over the same period.
4. In February, social network usage exceeded Web-based e-mail usage for the first time. Can you imagine the implication of this? Hello Twitter messages, good bye email!
5. There are 87 percent more online social media users now than in 2003, with 883 percent more time devoted to those sites.
6. Mobile consumers of video have risen from 28.6 million in 2007 to 49.7 million as of February 2009
7. IPhone has a U.S. audience of 5.1 million unique visitors.
You can see the entire Nielsen report here if you like.
BOTTOM LINE?
Web owners will either embrace video or be left in the dust.
Web owners will mobilize their site or miss millions of visitors.
OPPORTUNITY?
Web owners who embrace Social Media Marketing will reap huge rewards.
Web owners who embrace video blogging will realize greater search engine ranking instantly.
For owners who need help in energizing the new media, allow our company to strategically and systematically orchestrate your social media and video blogging needs.
Call the professionals at AWS Creative Solutions 214-703-0505. For more information about Social Media Marketing, visit our new site: Social-MEDIATV.com or follow us on Twitter.com/asocialmediatv.