- Joined
- Jun 23, 2009
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- Location
- Bagdad, La.
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- Very Conservative
those high income individuals and businesses, whose wealth is expanding in this down economy, are not hiring because of uncertainty you say
this (notso)great recession was not caused by a boom fueled by artificially low interest rates, greed and failure of public regulation in your view, only the uncertainty of government legislation, increasing taxes and healthcare legislation
let's look at the logic of your surmise
the recession was underway before the health care bill was even being pondered. and its financial impact on business has not yet been felt
taxes are lower than they have been in a half century, causing one to wonder why tax rates are of such heightened concern to businesses
and what federal regulation is on the horizon which would have significant financial implications for business ... and what are those financial implications which are so feared
Businesses, whose wealth is expaning make a very small minority in this economy.
Raising taxes on businesses, whose wealth isn't expanding, even shrinking, is a stupid idea.