RINO prog… let me explain it to you in imbecile terms. Let’s assume I have business, that I am an evil millionaire and you raise my taxes!
1) Right off the bat to compensate for the loss in income because of the increase in taxes I’m raising my prices. That hurts everyone from rich guys to little guys. I’m in business to make money not break even or operate at a loss.
2) My next option, depending on the tax hit, I will cut corners in my operations. With the looming Obamatax odds are I will have already done this so my next real option is to cut down on my staff. The new guy/ gal is cut loose, that’s one more on the unemployment line. We are now seeing that happen at a viral rate now since Nov 6th.
3) I’ve raised prices, cut corners and laid off staff and still now bleeding money (via taxes and regs, Obamatax) in a once profitable business. Lucky for me I have a nice nest egg put away which leaves me my last option a “nuclear option”…. I shut the business down and retire. That means more people unemployed, real estate & equipment property no longer being leased/purchased (loss of income for other entrepreneurs) and less tax revenue for a community/ state which could definitely use it. Doesn’t bother me I’m enjoying my life in retirement, traveling, doing everything I put off for years.
Ya see RINO Kristol actions have consequences and none of the dopes in DC or on tv like yourself have this type of common sense. I got to tell ya this is business 101 the headlines this week alone prove that with all the layoffs. More layoffs are coming as well as businesses shutting down. You can raise taxes 100% on millionaires it still won’t put a dent on the problem. As a matter of fact its a drop of water in the ocean, just lame attempts to bring this nation down!
This IS what the Emperor wants though, to bring this nation down because we are too rich and well off. Bring us down equal to all the other countries who love to bash us. Curious though when the real SHTF who’s coming to their rescue? We are broke and our military will be cut down to nothing. Who will be there when the call comes in to stop the next dictator plotting to rule the world?