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The value of small businesses by Scott Baird

This morning, while driving around on business appointments, I had the opportunity to listen to a few minutes of a speech that the President was giving.  In that speech, he echoed some of the feelings that I have for small businesses and entrepreneurs.  He said:

Over the past 15 years, small businesses have created roughly 65 percent of all new jobs in America.  These are companies formed around kitchen tables in family meetings, formed when an entrepreneur takes a chance on a dream, formed when a worker decides it's time she became her own boss.  These are also companies that drive innovation, producing 13 times more patents per employee than large companies.  And it's worth remembering, every once in a while a small business becomes a big business -- and changes the world.

I agree with every word of this- and I am very glad that our chief executive also believes this. 

Main Street is where real capitalism happens.  Not the exploitative capitalism we hear about on the 6 o’clock news- but the adventure of individuals, with an idea, striking out and changing the world, and making a little money doing it.  These individuals are the people who- in the heart of the recession- wanted to lease property.  These are the people who- when you couldn’t find a commentator with a positive spin on any dial, in any medium- thought that they had a great idea and a bright future.  These are the businesses who never stopped looking for good people to hire.

Entrepreneurs drive the real estate market, improve the downtowns that others have fled, create jobs, contribute to local charities, and single-handedly support our nation’s economy (and our village, town, county and state economies also).   Small businesses are the American Dream.  People immigrate to our country to participate in this dream.

What Mr. Obama said next, though, really made me pull over and listen.  He said:

That's why it's so important that we help small business struggling to stay open, or struggling to open in the first place, during these difficult times.  Building on the tax cuts in the Recovery Act, we're proposing a complete elimination of capital gains taxes on small business investment along with an extension of write-offs to encourage small businesses to expand in the coming year.  And I believe it's worthwhile to create a tax incentive to encourage small businesses to add and keep employees, and I'm going to work with Congress to pass one.

From his lips to Congress’s ears. 

Next year is starting to look pretty good…


NYS First-Time Home Buyer Credit - An Overview by Donna Cox
People have been asking about the first-time home buyer tax credit now available in New York State.  We introduced the program here, but it's a little complicated, so we're going to try to explain how it works.   This Mortgage Credit Certificate (MCC) program is MUCH more powerful than the federal first-time home buyer tax credit that helped support the real estate market for the past six months. Here's the lowdown: if ...Read More

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Lisa's Pasta Salad by Richard Landman
Combine 1 cup of each- Parmesan cheese, olive oil, chopped parsley and sun dried tomatoes in olive oil. Cook and drain 1 1/2 lb. of Penne. In a large mixing bowl, immediately toss 2 eggs into drained hot pasta and then the rest of the ingredients. Mix in 3 crushed garlic cloves. Sprinkle extra Parmesan Cheese on top. Enjoy! ...Read More

Lisa's Pasta Salad by Richard Landman
Combine 1 cup of each- Parmesan cheese, olive oil, chopped parsley and sun dried tomatoes in olive oil. Cook and drain 1 1/2 lb. of Penne. In a large mixing bowl, immediately toss 2 eggs into drained hot pasta and then the rest of the ingredients. Mix in 3 crushed garlic cloves. Sprinkle extra Parmesan Cheese on top. Enjoy! ...Read More

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We’ve all heard of the vast fortunes made during the Great Depression of the 1930s, but what about the opportunities available in today's Great Real Estate Recession? Are you going to make the most of them? Those who believe that real estate is a tide that moves all boats equally are just plain wrong. The fact is, we may very well be in the single greatest move-up real estate market in decades! Today's market represents a rare opportunity for so ...Read More

Understanding the $8,000 Tax Credit by Donna Cox
  The federal economic stimulus package passed in February 2009 provides for an $8,000 tax credit for first-time home buyers.  The program defines a "first-time home buyer" as someone who has not owned a home in the three years prior to his or her purchase, so even if you have previously owned a home you can still qualify if you haven't owned your principal residence for the past three years. If you're looking for ...Read More

Free CMA by Karen Steffanato
Want to know how much your house is worth? Free CMA Rockland County If your interested in knowing what your home is worth, even if your not interested in selling it right now. I can email you comparables of homes that have recently sold and competing homes on the market. If your interested in selling your home, I will come and inspect the home to narrow down the price window and give you a complimentary market consultation. Just go to karen.stef ...Read More

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