Selling the tax plan through small business

From the Star Ledger:

Why a Trump Cabinet official made a weekend trip to N.J.

U.S. Small Business Administrator Linda McMahon discussed the Republican tax cut plan on a trip to New Jersey on Saturday as supporters touted the proposal as an elixir for economic growth.

On her first trip since House Republicans released their proposal, McMahon, a member of President Donald Trump’s Cabinet, was expected to meet with small-business owners in Cranford and Cinnaminson on Saturday.

It was part of her Ignite Tour, an effort to visit all 68 district offices of the Small Business Administration and talk with small business owners about how the agency can help them create jobs and improve the economy.

“I want to make sure SBA is not the best-kept secret in the country,” McMahon said. “The president’s agenda is really to grow this economy.You support small businesses because small businesses are the engine of our economy.”

This time, the discussions also included the Republican tax plan, which was officially released on Thursday and is supported by Trump.

“If they pay less tax and have more money in their pockets, they will grow their businesses,” McMahon said in an interview. “That is what every business tells me without fail: If they had more money in their pockets, they would reinvest it in their company. They want the business to be able to grow. They want to hire more people.”

While McMahon came to New Jersey, Vice President Mike Pence and Labor Secretary Alexander Acosta headed to York, Pennsylvania, on Saturday to discuss the tax bill with business owners there.

The emphasis on small businesses is this: There are 30 million small businesses, accounting for 96 percent of all businesses in the U.S., according to the SBA. They account for two of every three net new private sector jobs in the U.S.

This entry was posted in Economics, Employment, New Jersey Real Estate, Politics. Bookmark the permalink.

89 Responses to Selling the tax plan through small business

  1. Mike says:

    Good Morning New Jersey

  2. exJersey says:

    Mörning!

  3. Fabius Maximus says:
  4. grim says:

    I really want to know what happened for Rand Paul’s neighbor to beat the piss out of him.

  5. grim says:

    Corrupt to the core

    This is a stretch. DST USA II was incorporated in 2011. Those investments appear to have happened well before Trump/Kushner.

    All of the DST vehicles (Digital Sky Technologies – which are more than those listed here) appear to be offshore entities associated with Milner’s VC activities – and corresponding Russian tech investments, these go back pretty far and the holdings pretty broad. These are all associated with numerous Russian billionaires, Usmanov, Skoch, Milner, and some other non-Russians like Ardavan Moshiri.

    Milner has probably invested in hundreds of startups, the fact that there was an investment in Cadre is nearly meaningless. Cadre attracted major VC money prior to that, which means it was well known and attractive for the “me-too” investors. Last round of investment led by Andreessen Horowitz, investments by Jim Breyer. Sorry, but anyone given the opportunity to put money into something led by Andreessen and Breyer would absolutely do it, anyone.

    Milner is considered the tech king of Russia, he is personal friends with Zuckerberg. Why would his investments in Facebook or Twitter seem suspect here?

    https://www.forbes.com/sites/kerryadolan/2016/12/04/billionaires-milner-zuckerberg-and-actor-morgan-freeman-host-silicon-valley-gala-to-honor-worlds-top-scientists/#20ca40fa7b5a

  6. grim says:

    OH MY GOD LOOK AT THE INVESTMENTS THE TENTACLES ARE EVERYWHERE

    https://www.crunchbase.com/organization/digital-sky-technologies-fo/investments/investments_list

    Pretty sure DST has raised funding from hundreds of investment companies and banks in the last 10 years.

    Guardian should be ashamed.

  7. grim says:

    You want to talk travesty, this guy went and acquired ICQ in 2010. WTF was he thinking? That’s the real crime here, $187 million.

  8. exJersey says:

    Move along nothing to see here….MAGA

  9. Blue Ribbon Teacher says:

    ICQ stood for I crash quonstantly

  10. Libturd, AKA Dr. Howie Feltersnatch says:

    ICQ – that’s a blast from the past.

  11. grim says:

    Dude lives in CA, has a $100m house in Silicon Valley, and is married to a model who is a foot taller than he is. He was a PhD physicist in Mother Russia and quit to get an MBA at Penn. If you were a Russian billionaire, and wanted to invest in anything even remotely related to technology, Milner would be your first call. Ironically, everything Trump want’s to be.

  12. grim says:

    Statement just released by DST Global:

    Certain contextual information is highly relevant to the Times’ readers’ understanding of Mr. Milner’s work and, in particular, DST Global’s investments in Facebook and Twitter.

    To begin with, there is nothing unusual about an international investment firm — DST Global is headquartered in Hong Kong — accepting investments from international investors, including sovereigns. Also, it is worth remembering that Russia-U.S. relations were much better in 2009 and 2011 when these investments were made following Secretary of State Clinton pressing the “Reset Button” in Moscow in 2009.

    DST Global’s investments in Facebook and Twitter were just two of the more than 30 internet companies around the world that DST Global’s funds have invested in — including Airbnb, Spotify, JD.com, Zalando and Alibaba. Since 2009, DST Global has invested $7 billion in the consumer internet sector, with a majority being invested in non-U.S. companies — and with less than 5% coming from VTB Bank. VTB Bank was the only Russian government institution that invested in any DST Global funds.

    In addition, all investors in DST Global — including Mr. Usmanov, VTB Bank, and a number of sovereign wealth funds from all over the world — are passive investors. That means they are simply committing funds to be invested by DST Global in companies of DST Global’s choosing, and they have no influence over what companies DST Global chooses to invest in or any other decision-making.

    DST Global, for its part, was also a passive investor in Facebook and Twitter, meaning that it did not seek any board seats or have any influence on these companies’ operations and management. Moreover, there were dozens of DST Global investors making up the funds that invested in Facebook and Twitter — Mr. Usmanov was just one of 50 passive investors in DST Global’s fund that invested in Facebook, and VTB Bank was one of 40 passive investors in the DST Global fund that invested in Twitter.

    Finally, DST Global divested its position in Facebook in 2013 and in Twitter in 2014, shortly after each of those companies’ initial public offerings and well before the 2016 U.S. elections.

  13. nwnj says:

    The growing risk in the Russian boogeyman story I believe is what will ultimately happen when it unravels. Either Muller is recused or the evidence does not produce a meaningful indictment.

    The fake news is spreading false hope that there is an actual scandal despite there being no evidence whatsoever, and when the realization occurs that it was all BS, and Trump is going to remain president, I can see a lot of unrest resulting. The media should be held to account for that.

  14. nwnj says:

    Also, talked to a high school buddy over the weekend who went in on 120 bitcoins with his bro when the price was in the 400s. They are up nearly 20x. They have a target price of 50k for their next sell. Even more nauseating, they came from a successful family business background so this has been a distraction for them.

  15. Libturd, AKA Dr. Howie Feltersnatch says:

    The media is about as realistic as a reality show these days. The biases in formerly respected news sources have reached the point where “fake news” really is the appropriate term for it. I truly never expected the left to become bigger sore losers than than the right was during the Obama years. Watching FoxNews or reading the Post during those years, you knew lots of the their positions were throw it at the wall and see what sticks. This was understood by the all but most loyal followers (think Moana). Most right wingers knew it. Now, lefty media is trying the same strategy and it’s making their listeners/readers look like fools. Why? Because such shallow and unfounded theories were never the MO at these formerly respected papers. So their fans are swallowing it up without even questioning the validity of it. It is sad. Really.

    If you saw my Facebook feeds, you would think the world was ending.

  16. LurksMcGee says:

    After yesterday’s run of national, local, and personal bad news, I’d say that the goo from Ghostbuster’s 2 is in the drinking water.

  17. Grab them by the puzzy says:

    @MichaelSkolnik

    One shoe bomber tried to blow up a plane and now we take off our shoes.

    1520 mass shootings since Sandy Hook and Congress has done NOTHING.

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    online payday loan best payday loan online payday loans online [url=https://onlineloans.us.com/]online loans[/url]

  19. Grab them by the puzzy says:

    @MichaelSkolnik

    Aurora: AR-15
    Orlando: AR-15
    Las Vegas: AR-15
    Sandy Hook: AR-15
    Umpqua CC: AR-15
    San Bernardino: AR-15
    Sutherland Springs: AR-15

  20. Libturd, AKA Dr. Howie Feltersnatch says:

    “The Resistance is the new Democratic Party, or at least its future.”

    This current position will lead to a second term for the Orange one. It didn’t work during the campaign and it won’t work again. In my opinion, the DNC needs to stop attacking and begin to focus on fixing their shortcomings. A year after the election, they still haven’t admitted the first iota of culpability. The DNC is still being led by the old guard and PAC money plus $1,000 per person election dinners is still the supposed entry fee of the party that is supposed to represent the 99%. The denial within the party is stronger than ever and divisive politicking is still their ill-mannered strategy. The solution is very, very simple. Especially among Trump’s terrible approval ratings. Lick your wounds. Admit fault from the 2016 election and ignore the moron in the White House. Start talking about a new and necessary agenda not based on racism/xenophobia. Talk about the economy for a change. Nah, easier to blame the Russian’s for creating fake content that somehow forced every Democrat voter to stay home during the election. Maybe Hillary can write another book about how she had nothing to do with it. “Trump 2020.” That has a nice ring to it. No?

  21. Grab them by the puzzy says:

    @NorthmanTrader

    American mass shooting script:
    24 hours of expressing shock & piety.
    24 hours of discussing the disturbed perpetrator.
    24 hours of “now is not the time to talk about gun laws”.
    24 hours of highlighting the innocent lives lost.
    Then: Do nothing & expect different results.

  22. grim says:

    I made a brilliant suggestion the other day.

    Require all aftermarket rifle accessories to be hot pink, if they are for an AR-15, they should also have rhinestones.

  23. grim says:

    Call it the “Make American Guns Beautiful” Act

  24. Libturd, AKA Dr. Howie Feltersnatch says:

    Retrofit all high capacity magazine accepting guns to only shoot paintballs too. Horribly traumatic events like Sandy Hook and the Vegas shooting would become about as damaging as a middle-school cafeteria food fight.

  25. grim says:

    My thought is that new legislation that impacts the color of a gun or accessory has no impact on the use, function, enjoyment of the gun. You can’t argue that it is “taking away gun rights”.

    However, hot pink will ensure that these weapons are easily visible by law enforcement. It’s also arguable that this improves the safety of these weapons, by ensuring it is always obvious where these weapons are.

    However, homophobic gun nuts would immediately reject this, and stop buying guns.

    If you want a handgun to protect your family, what does it f*cking matter what color it is?

    It doesn’t.

    Except if your a homophobic gun nut, in which case Hot Pink is vulgar to you.

    I’m serious here.

  26. grim says:

    Gun nuts are obsessed with modifying their rifles to make them some kind of militaristic fantasy gun. These are guys that would go out and purchase body armor too (for no real reason other than how it looks).

    Make it all hot pink.

    Done, over.

  27. JCer says:

    Here’s the issue with gun control, make it illegal, the bad actor will still find a way to get it or some other alternative way to create the disaster. A car could easily have killed as many…….

  28. Libturd, AKA Dr. Howie Feltersnatch says:

    “Gun nuts are obsessed with modifying their rifles to make them some kind of militaristic fantasy gun.”

    How else can you play DOOM in real life?

  29. grim says:

    They are a whole lot less cool when they are pink.

    Or maybe any of the Easter Pastel colors. Robins Egg Blue is very pretty. No, scratch that, too masculine.

  30. Libturd, AKA Dr. Howie Feltersnatch says:

    How about flashing LED lighting down the barrel?

  31. A Home Buyer says:

    So your honest suggestion is that a “pink” rifle would dissuade an individual willing to commit mass murder, and kill themselves if necessary, because it won’t be cool?

    Are you serious, or just trying to get a rise out of people?

  32. D-FENS says:

    Sharpshooting plumber fired shot that took down Texas church gunman

    http://nypost.com/2017/11/06/sharpshooting-plumber-fired-shot-that-took-down-texas-church-gunman/

    The man hailed as a hero for confronting the Texas mass shooter during his rampage is a sharpshooting plumber with no military background — who hit the gunman through a gap in his body armor, according to a report.

    Stephen Willeford managed to shoot Devin Kelley before jumping in another man’s truck and chasing him down, the Daily Mail reported.

    Texas Department of Public Safety chief Freeman Martin said Willeford “grabbed his rifle and engaged the suspect” after Kelley left the First Baptist Church in Sutherland Springs, where he opened fire with an assault rifle and killed 26 people.

    An area resident told the paper that Willeford, an avid biker who attends another church, learned about the shooting when his daughter called to say a man clad in body armor was shooting worshipers.

    The local said that although Willeford has no military background, he didn’t hesitate when he came face to face with the suspect — and managed to squeeze off a round that struck the gunman, who had dropped his Ruger AR-15 variant.

  33. Libturd, AKA Dr. Howie Feltersnatch says:

    The issue is not guns! The issue is, what the heck is driving deranged individuals to take out innocents? Guns are an easy target for divisive politicking. Without guns, it will be bombs and vehicles as was the case in New York City recently. Plus the truth is, there are so many guns out there right now, any effort to control them will be fruitless.

  34. A Home Buyer says:

    For what is worth, it is reported he had a criminal conduct discharge from the Military for a domestic abuse charge.

    his right to own firearms at the state and federal levels were both revoked by that.

    If true, how he got the firearms will be a big topic going forward… Someone broke the law somewhere.

  35. Libturd, AKA Dr. Howie Feltersnatch says:

    “Someone broke the law somewhere.”

    It’s really not that hard to get your hand on a gun, or an opiate, or really anything. Money talks.

  36. abeiz says:

    A home buyer,

    I think the argument is that a pink assault rifle is less likely to end up at a trophy piece at the home of someone who in the future decides down that path. I think Grim’s argument is perhaps a inadvertent nod to the argument of convenience, i.e. gun owners are more likely to commit shootings because guns are readily available to them.

  37. D-FENS says:

    The guns were always here. Something else has changed.

  38. JCer says:

    Yes libturd, that is exactly the issue. Someone intent on causing destruction will regardless of the legal availability of guns. The divisive political landscape driven by identity politics seems to be a big part of it and obviously religion in certain cases. People are unhinged and not gainfully employed, people doing well are less likely to be so angry and destructive.

  39. grim says:

    So your honest suggestion is that a “pink” rifle would dissuade an individual willing to commit mass murder, and kill themselves if necessary, because it won’t be cool?

    I’m certain this would be very effective in reducing gun ownership, guns per capita, unlawful possession in public, militarization of guns by the public, etc etc.

  40. grim says:

    I’m not anti-gun, I support open carry, and I’d holster a hot pink gun.

    But I’m also not part of the gun fantasy demographic that the last few mass-shooters seem to have embraced.

  41. exJersey says:

    Employment is key. As is a general sense of right and wrong. These latch key, video game nuts, married in their twenties, divorced, stinking of failure. What’s left?

  42. A Home Buyer says:

    And this would have what impact on mass shootings?

    You want to make mil-sim uncool. I have no preference on that, really don’t care.

    Would you also make wood stock hunting rifles illegal? Or Plastic pink composite only?

  43. leftwing says:

    Chi, wish I knew. I was in 119. We had about 40 people there. Had the Cornell tailgate smack in the middle of the Princeton one in the lot adjacent to the parking garage and cogen building. You could have come by!

    This team is exciting. Will be interesting to see where they land in this week’s polls. Nice win over Quinnipiac and I’ll take the W over Princeton but wish we had more command over the game and won by a couple goals at least. Anyway, good to see some scoring.

  44. A Home Buyer says:

    I just can’t take this comment seriously.

    If cool is all they want, they will just paint it (illegally) after the fact.

    These people are going to commit crimes on the scale of war-time atrocities. And pink?

  45. leftwing says:

    Even CBS this morning acknowledged that the gun was purchased illegally.

    Blind, agenda driven left keeps banging on more control laws.

    This got me thinking though guys. There are more 10,000 deaths each year from DWI. If only we could pass some strong laws prohibiting driving while drunk think of all the lives that…oh, snap!

  46. A Home Buyer says:

    If not paint, they will strip the enamel down to the steel.

    And honestly, if it did pass, I’m pretty sure the second ammendment crew would own it and run very far with it just out of spite.

    You would probably turn pink and purple into masculine colors in the long run.

  47. No One says:

    I was afraid Clot would engage in a mass shooting.

  48. D-FENS says:

    TX governor said on cnn that the shooter was denied a carry permit because of his discharge from the military.

  49. D-FENS says:

    Seems like the shooter targeted his ex’s relatives who frequented that church.

  50. exJersey says:

    Neat guy. Another product of shit parenting, bad neutrinos, and a weak frontal lobe.

  51. D-FENS says:

    Washington Post reported that Rand Paul’s attacker had a bunch of anti-Trump stuff and anti conservative stuff on his Facebook page. Broke several of his ribs.

  52. D-FENS says:

    When does Donna Brazile get “suicided”?

  53. nwnj says:

    That’s a pretty thorough beat down that Rand caught. Seems a bit excessive if it’s over politics. Rich guys don’t behave that way. Could it have been money? Something more personal? Possibly.

  54. Libturd, AKA Dr. Howie Feltersnatch says:

    Looks like my theory of the Vegas shooters motive might have something to do with him losing money. A lot of it.

  55. chicagofinance says:

    Do you go with classmates or CCCNJ?

    My eight year old daughter hung over the railing by the locker room before the third period……she got a high five and a wink from one of the Cornell skaters…..she was smitten….

    leftwing says:
    November 6, 2017 at 11:01 am
    Chi, wish I knew. I was in 119. We had about 40 people there. Had the Cornell tailgate smack in the middle of the Princeton one in the lot adjacent to the parking garage and cogen building. You could have come by!

  56. ex-Jersey says:

    Rational Thought is so out the window these days.

  57. Grab them by the puzzy says:

    @ericabuist

    Why not just ban guns and when people are upset about it,

    just send them thoughts and prayers?

  58. abeiz says:

    Jeebus! I just learned my coworker ponied up $250k for her son to attend Michigan St.
    Is this really how much it costs these days?

  59. A Home Buyer says:

    Mr. Puzzy,

    You win and successfully ban Fire Arms and confiscate all firearms.

    What then is your proposition for dealing with the unhinged individual willing to commit mass murder and end themselves?

  60. A Home Buyer says:

    Comment in mod. Please release.

  61. Grab them by the puzzy says:

    @ianbremmer

    Presidential job approval at 9 months

    Nixon 56%
    Ford 40%
    Carter 54%
    Reagan 59%
    Bush Sr 76%
    Clinton 51%
    Bush Jr 92%
    Obama 57%
    Trump 37%

    ABC/WaPo/Gallup

  62. No One says:

    How is Ian Bremmer supposed to make objective forecasts about political risk at Eurasia group if he’s a partisan? Looks like he’s changed his business model from forecasting/consulting to advocacy.

  63. leftwing says:

    Chi, went mostly with friends from around here and some older skaters.

    One of the Cornell players is from town, well known to everyone. Nice kid, off season he’ll skate with our boys, etc. Dad c0ached for us. We usually bring a good contingency down there when he’s in town.

    Clarkson and Harvard in upcoming weeks, they’re the true test. Wish the Harvard Lynah game were later. Went up last year in January to watch. Can’t do it next weekend.

  64. grim says:

    Wouldn’t be such a bad bitch if it was hot pink.

    http://pbs.twimg.com/media/DN53EbUW0AEPTnU.jpg

    This is exactly what I mean.

  65. grim says:

    Ah for f*cks sake.

    Mortgage Interest back up to $1m

    No change to property tax cap

    Big F8CK YOU to NJ’s middle class.

  66. D-FENS says:

    Frankly I think it’s sexist to think women can’t also be murderous sociopaths.

  67. grim says:

    They are underrepresented in the population of mass murderers.

  68. D-FENS says:

    Dont forget about the lgbtq gun community

    http://www.pinkpistols.org/about-the-pink-pistols/

  69. The Original NJ ExPat says:

    Democrats are violent and unpredictable.

    I really want to know what happened for Rand Paul’s neighbor to beat the piss out of him.

  70. The Original NJ ExPat says:

    ^^^Which is why the rest of us carry guns.

  71. The Original NJ ExPat says:

    Just disarm all who support Democrats and your murder rate goes down by 95% or more. Don’t they have mass shootings in Chicago every night?

    1520 mass shootings since Sandy Hook and Congress has done NOTHING.

  72. The Original NJ ExPat says:

    Private citizen who killed Sutherland Springs asswipe even though he was wearing front and back body armor: AR-15

    I guess it’s a pretty good gun, no?

    Aurora: AR-15
    Orlando: AR-15
    Las Vegas: AR-15
    Sandy Hook: AR-15
    Umpqua CC: AR-15
    San Bernardino: AR-15
    Sutherland Springs: AR-15

  73. D-FENS says:

    Man who shot Texas gunman is a former NRA instructor, tells Arkansas affiliate “I’m no hero” in emotional interview

    http://www.4029tv.com/article/man-who-shot-texas-church-gunman-shares-his-story/13437943

  74. D-FENS says:

    @cnnbrk
    Air Force didn’t enter Texas gunman’s domestic violence conviction into a federal database that gun sellers check cnn.it/2lVtN0T

  75. exJersey says:

    About the time that Daddy left to fight the big war
    I saw my first pistol in the general store
    In the general store, when I was thirteen
    Thought it was the finest thing I ever had seen
    So l asked if I could have one someday when I grew up
    Mama dropped a dozen eggs, she really blew up
    She really blew up, I didn’t understand
    Mama said the pistol is the devil’s right hand
    The devil’s right hand, the devil’s right hand
    Mama said the pistol is the devil’s right hand

  76. grim says:

    I would rather see the lgbtq community armed over that piece of shit excuse for a human or any of his genetic relatives.

  77. D-FENS says:

    It’s against the law in Texas to carry a firearm into “a place of worship”.

  78. Fabius Maximus says:

    Yes Grim, hes a great investor. Clean Front, Dirty Money.
    Next up, cross check the tax returns. Remember all those refiled taxes from the Swiss accounts. This will dwarf that. Its all coming out.

  79. Fabius Maximus says:

    Maybe Abe can explain real GC to Donnie!

    https://tinyurl.com/y9j4bfqj

  80. The Great Pumpkin says:

    Whoa, rocket science over here. Too bad we have ignorant groups around here claiming otherwise.

    “The rationale for this is simple: “Of course, guns don’t kill people; people kill people — guns just make it a lot easier to kill a lot of people. That’s why Japan bans them and that’s why my job was catching people with guns and putting them in jail. Usually, long before they could ever put their finger on the trigger.””

  81. The Great Pumpkin says:

    I don’t trust everyone holding a gun, therefore based on logic, no one can have the right. Too bad we are surrounded by idiots

  82. The Great Pumpkin says:

    The right to own a gun means more than an individual’s life……until your child is gunned down by some lunatic. Then and only then do you see the light.

  83. exJersey says:

    “Evil is evil is evil,” Cruz said on CNN, “and will use the weaponry that is available.”

  84. The Original NJ ExPat says:

    Hey Pumps – Did you ever see your criminal Dad carry a gun before he was deported?

  85. The Original NJ ExPat says:

    🔫🎃

  86. The Original NJ ExPat says:

    🎃🔫

  87. The Original NJ ExPat says:

    🍠🔫

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