Comments by "Scott Farner" (@scottfarner5100) on "Sanders gets in argument with business owner" video.

@DepressinglyOptimistic Bingo, there is an article in Forbes about this guy and adds that context.
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@NotThisGuy12 The guy asking the question was completely full of shit. there is a Forbes article that has the context and details of his business. When he was interviewed he explained the regulations and tax increases. They were from the state and not Obama. He paid more taxes because he had a new source of income increasing his revenue. He lost customers due to a recession. As far as Obama raising taxes on small business owners I'd like to see some evidence of that. Obama's 2009 ARRA had several tax cuts and credits for small businesses and the middle class. 54 billion for tax deductions, credits and loan guarantees. By increasing deductions for equipment, cutting capital gains, tax credits for hiring veterans. "In the Fiscal Year 2011 budget, an additional $64 billion in stimulus money was allocated to extend many of the ARRA programs. It added tax credits for any new hires, and increase the Small Business Administration loan limits from $3 million to $5 million."
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@Mr.zou123 According to this business owner he was effected by state and local regulations and not federal. His taxes increased due to an increase of revenue by another source of income and his customer base decreased due to the recession. And no I don't feel any remorse for those who feel Dodd Frank is slowing growth after losing all my income and savings during the last recession.
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There was a full article on this if you google the guys name. He was wrong to accuse Obama, as it was state laws that were effecting him. Also he paid more in taxes due to earning more income from a second source and had fewer customers due to the recession. I see this every time a small business owner complains about Obama policies, the context and details tell a difference story.
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According to an interview he gave the regulation a were state and local. He didn't give specific answers to how they effected him, but how they effected other business owners he knew. One was a state minimum wage increase.
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Sure would like to see specifics on what regulations and taxes were hurting his small business. Sounds more like a poor business plan. I recall a business owner on Hannity complaining about having to offer his employees healthcare and it was killing his business. Turned out he was below the 50 employee threshold and wasn't actually required to offer healthcare.
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He can't name them because he's claiming it was federal regulation and trying to put it at Obama's feet, and it wasn't it was state regulations. He paid more in taxes because he started a new source of income and made more money. He lost customers because of the recession.
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According to the Forbes article interview on this small business owner. He's as full of BS like most Trump supporters. He had no federal regulations effecting his business by Obama and had few employees. He started a real state brokerage that never had more then 8 brokers and currently when this was released had only 3. He got invested into a few other ventures and saw his revenue increase so he paid more in taxes. He claims Obama's policies are bad for other business and thus is stagnating his growth, but those were local and state regulations like minimum wage increases.
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The guy had three employees. The regulations were state and local and didn't directly effect him, they effected other business owners he knew. He gave minimum wage increases as an example.
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Your right. He's complaining about Obama increasing taxes and regulations. All were state taxes and regulations and had nothing to do with Obama. The rest of his issues are due to the housing market crashing.
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@NotThisGuy12 Yes that would be $250,000 in net income and would include around 2 - 3% of small business owners and would more then likely effect hedge fund managers and large financial and law firms that have few employees. This help to reduce the trillion dollar deficit that was cut in half under Obama after coming out of a recession instead of doubling it as Trump has in three years. Trumps tax cuts in a recovered economy that gave short term stimulus and has done little to create jobs compared to what we were seeing in trend lines coming out of the Obama administration. As the economy improved after the recession and while facing a Republican Congress that was set on hampering job growth, Obama's last three years had higher monthly jobs numbers then Trumps first three and Obama had larger reductions in unemployment rates (so there goes the job killing policy talking points). The start of 2014 the unemployment rate was 6.6 and ended at 4.7 by the start of the Trump administration. Obama's fiscal year end was was on 9/30/2017 and Trump had had increased spending, but had done nothing by this time to stimulate growth and the unemployment rate was down to 4.2 The only division of this country under Obama came from the right wing rhetoric that constantly drove a out of context false narrative, and again has no comparison to the division under Trump and his sycophants. We may have had a slow recovery, but while Obama was in office we also did not build another bubble and have had a record number of months go by without going back into a recession.
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