How does taxing Small business and top 5% of wage earners make them hire more people?

**William S** · 07-12-2009, 11:24 AM

Anyone with any sense should be asking this same question...how does Obama intend on healing the economy by putting business' out of business. How much tax burden do Democrats think business can carry. What it comes down to is they can't so eventually Obama will tax everyone...Ben Bernanke has already said Obama will have no choice but to raise taxes on all tax payers and those that don't pay tax will before he is done. Obama is a pro at demonizing business so for the ignorant voter out there he will convince them its the business' fault for raising their prices.

07-12-2009, 11:27 AM

Obama wants to turn the country into a socialist hell-hole. He's gotten started down the path quite well.

07-12-2009, 11:27 AM

It does not. Businesses do not pay taxes they just collect them from Their customers and forward them to the government or thy do not stay in business. Just like "cap and trade" that massive boondoggle will be paid for by consumers. Have you contacted your senator and told him to vote against that bill?

**Datx** · 07-12-2009, 11:35 AM

Let's take a look at how this worked out before.

The Peak of economic growth and the lowest unemployment rates were in 1969. From War's end to the end of the Carter Administration, taxes on the top income bracket was 70%. Large business contributed 30% of the money in the treasury. The growth rate never fell below 4%. The look at the last 30 years. The growth rate has been consistently below 3% Corporations only account for less than 10% of the treasury. We have a spiraling deficit and I needn't mention the crisis resulting from the Lassiez-faire economic policies.

What creates more jobs? Rich people with more money, who ship a lot of jobs over seas. No America is not a monarchy, why do we line the pockets of the wealthy? How about this? We raise the minimum wage a shift the tax burden onto the rich instead of the lower and middle class. The rich will still have tons of money. And the businesses will get more investment because the majority of people will have more discretionary income, which they then spend, creating jobs, and save, buffering our economy.

**John gibson @foxnews.crap** · 07-12-2009, 11:37 AM

why is the republicans only answer to cut taxes we did that the last 8 years and it did not work.If the small business you sell to are afraid of cap in trade ,they are like most and dont understand it ,They are just getting the Fear and Smear talking points from the right

**David** · 07-12-2009, 11:41 AM

the democrats have traditionally gone after businesses and so called rich people to pay more taxes. this has never worked well. a flat tax of some type would be more efficient, bur efficiency and government usually can,t coexist. more taxes for small businesses is a lousy idea. the middle class always gets stuck paying the most taxes.