Global Warming Not so Hot According to John Stossel!
Published December 7, 2009 | 
First of all, most people are for protecting the environment and we are no different, BUT when it appears that “Cap and Trade” taxation is a fraudulent scheme to take money from developed economies and give it to developing ones (i.e. India, China, etc.) and the great efforts by the climate change zealots to demonize skeptical citizens only increase a need to look closely at the science of assumptions before it is too late, and mechanisms for redistribution of global wealth begin to operate and tax.
Finally, any additional tax on business that has a significant impact on bottom line profit will have negative consequences on jobs, as well as a large portion of the cost passed on to consumers in the market. As the money is followed to best determine the motivation and agenda of the most vocal proponents (i.e. Al Gore, etc.), what they stand to gain monetarily, the cloud of doubt continues to grow exponentially.
John Stossel Rips Apart Global Warming!
Geithner / Summers: Won’t Rule Out New U.S. Middle Class Taxes
Published August 3, 2009 | 
Team Altman Critical News for Entrepreneurs:
Evidence continues to mount for the coming Tax and cost Tsunami Entrepreneurs and Small Business owners are going to be faced with in the future economic environment, that could effect global markets by limiting capacities of business to operate on larger scales, due to the negative impact of tax and cost limitations on “the bottom line profit” and more importantly “available cash flow.”
Treasury Secretary Tim Geithner fired a shot across the bow of Entrepreneurs and U.S. Small Businesses by refusing to rule out new taxes on the middle (the home of many U.S. and Global Entrepreneurs) class, which along with fees, and taxes imposed by individual states will serve to build the tax and cost swell of the 
Tsunami wave facing the U.S. economy in the future including “Mandatory Health Insurance” costs (that will limit payroll capacity for the number of employees) and possible “Cap and Trade” costs.
The effects on the economy will serve to push forward into the future any significant signs of recovery, as consumer confidence continues to remain at low levels, especially when other important costs including energy and gasoline begin to rise and impact all sectors of the Global Economy.
The Rest of the Story: Geithner Won’t Rule Out New Middle Class Taxes
At the same time, Lawrence Summers, former Secretary of the Treasury and Director of the White House National Economic Council, when asked specifically about raising taxes on the U.S. middle class also would not rule out the possibility leaving open the option that most see as inevitable.
The C Corporation
Published April 4, 2009 | 
Forming a corporation is like creating a new person in the eyes of the law, and this person is a legal entity, separate and apart from its owners. Just like you, it has certain rights and obligations such as filing its own income tax, the right to hold and own property, the right to sue or be sued by others, and so forth.
There is no limit to how many owners a corporation may have, and any person may be an owner of a corporation, as this includes individuals, other corporations, partnerships, trusts, estates, and tax-exempt entities.
A corporation has certain rights and obligations just like you, but the nice thing about a corporation is dead it’s not you, and your liability as an owner in the structure can be limited, unlike a sole proprietorship or partnership, and by establishing a corporation you are able to separate your personal belongings from the corporation’s assets.
A corporation is managed through a Board of Directors that is elected by the shareholders and it is the Board who determines who will operate the business, and for a small business, most states allow one person to hold all the required offices. So this structure is available even for just one owner who wants to limit his or her obligations to some extent.
Corporation income is taxed at a corporate level and it is then taxed again at the personal level, so if you take a salary as an employee, the Texas called payroll or employment tax, and if you take any profits out of the business, the profits (called dividends) are then taxed at your own personal level.
Losses for any tax year are not deductible by owners and these losses may only be carried back or forward to offset income in another taxed year.
A corporation has several advantages over the other types of structures including the ability to have unlimited life, ownership is easily transferred, there is limited liability for the owners to the extent of their investment, and it can be easier to obtain capital.
One problem with a C Corporation is that it is a separate legal entity apart from the owner and while this can be good from a personal liability standpoint, problems can still arise, because your corporation is separate from you and it pays income tax on its earnings, then, any money that you take out of the business is taxed again. This is known as double-taxation, so when starting a corporation, there are higher taxes that you will incur when compared to other structures, and corporations can also be more complex to manage. Most start-up businesses will have to personally secured bank loans through the owners themselves and still may be held liable as officers of the business if the company experiences any financial or legal problems.
‘C’ corporations, unlike ‘s’ corporations, are not limited to a certain number of shareholders, or who those shareholders might be, and all other legal structures do not face taxes at the corporate and personal income level like a ‘c’ corporation does. A corporation is not exposed to liabilities like a partnership or sole proprietorship and the corporation is instead a separate legal entity.