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Fossil fuels fossil fuels are fuels that are

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Unformatted text preview: by Obama’s proposal, a point the president noted on Monday. However, that 3 percent does account for 50 percent of the estimated $1 trillion in business income reported in 2011. Still, there are limitations with this data because the number of tax returns filed by “flow-through entities” — such as law firms — has soared in recent years. We have also previously noted that a recent Treasury Department study, using a broad definition and a narrow definition of small businesses, found that 11 percent or 8 percent of the returns, respectively, showing income of more than $200,000 had some small business income. Under the broad definition, these businesses represented 64 percent of small business income; under the more narrow definition, such firms had 57 percent of small business income. But Romney’s assertion that taxes affect business hiring decisions is simplistic. W hen we have written about this issue before, small business owners specifically rejected the idea that higher taxes would “kill jobs.” They noted that income that is used for business expenses — such as employee wages — are fully deductible. “I invested more in my business, especially as tax day drew near, because the alternative was giving a big slice of the money to Uncle Sam,” one small business owner said. 11 | P a g e Taxes Bad DA Affirmative BDL Russian Oil Disadvantage 1|Page Russian Oil DA BDL Russian Oil Disadvantage – Table of Contents Summary............................................................................................................................................... 2 Glossary ............................................................................................................................................. 3-4 Russian Oil Disadvantage 1NC.......................................................................................................... 5-7 Uniqueness – Russian Economy High ............................................................................................. 8-10 Links Link – Generic Infrastructure Investment ............................................................................................ 11 Link – Generic Public Transportation ............................................................................................. 12-13 Link – High US Demand Key to High Oil Prices ............................................................................. 14-16 Internal Links High Prices Key to Russian Economy ............................................................................................ 17-18 Answers to: No Threshold ................................................................................................................... 19 Impact Russian Economy Laundry List Impact .......................................................................................... 20-21 Answers to: High Prices Discourage Russian Economic Reform................................................... 22-23 Answers to: High Prices Fuel Russian Aggression ...............................
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