quote:Originally posted by Jugflier:quote:Originally posted by elinterventor01:quote:Originally posted by True-Blue:quote:Originally posted by b50m:
Tell me jug, any body broke start a business lately? Any hiring by someone broke?
This attitude of tax the rich until they are broke is ridiculous.
Obama has already tried to circumvent a supreme court ruling on corporation donations. I thought the libs were all for the constitution?
The wealthy have had these tax breaks for the last 10 years. If I am not mistaken...didn't the bank bailouts happen within the past 10 years. Weren't there record home foreclosures and business closings within the past 10 years. Didn't the unemployment rate go UP....WAY UP? Where were the rich with their tax breaks while all this was going on?
Actually, about seven years! Sometimes, I act as a subcontractor and employ myself and others -- most recently in Paris. After talking to a CPA, I see that when the tax increases are coupled with the healthcare penalties, there is no way in Tartarus I would ever do this again. I will simply work for two years or so and retire.
The point is someone else will. If you are a ceo used to getting 25 mill a year, you say I won't work for 5 million. There are a lot of people who will.
The flaw in your reasoning is not that the CEO may or may not work. Its the hiring of more personnel will not occur.