If Businesses are taxed higher, won't they have to raise prices or fire people?

It is the same thing with raising minimum wage. It just makes the price of goods rise and negate the purpose of the raise to begin with. It also makes companies find new ways to keep products affordable, which includes moving industries overseas.

If businesses were heavily taxed in the United States many small business owners may be faced with closing their business or laying off their employees! Obama does not understand that these jobs the government will be creating are not enough for all the people that will be laid-off. Most Wind Turbines for a wind farm are not even constructed in the United States and the Wind Farm only needs a few specialized employees to operate them.

Yes all taxes are paid by the lowest earners. Businesses incorporate taxes into their prices,unions strike for higher pay to pay higher taxes ,and salaried workers negotiate raises. Only the little guy pays..

they don't get it. They fail to realize that each and every dollar which you spend on the food market already has a pair of 23% embedded tax interior the cost through companies handing down thier tax criminal accountability to the consumer. after all they seem to be a company. So inevitably you ought to understand that even company taxes are purely taxes that trickle right down to the consumer and that any tax redistribution is incomprehensible in the event that they permit the cost of things to pass up.

The taxes are bascially reversing the tax credit that BUSH gave to corporations who outsourced our jobs. He's raising taxes on the big corporations, yes. but they wont have any other choice but to stay here because of the penalties of going elsewhere. He is also giving more incentives for SMALL businesses so they can prosper.

No, their prices are already high enough to maximize their profits. Same with the amount of labor.'

The only decision they make is either to go out of business or not, or work less, or work more. Since OBama's tax rates are similar to Clinton's it is likely that most businesses will stick around.

In fact, closing and opening business has nothing to do with these small changes in taxes and have more to do with the business cycle. Stores around the nation have been closing in droves after Bush's tax cuts becuase of free trade and bad ecnomic performance of the economy.

If they're taxed less and the difference is made up by the middle class, as is currently the case, the middle class's purchasing power is lowered, which leads to less purchasing from business.

You seem to think that they just open a store or factory and wait for a truck to arrive with newly printed money...

Yes and the tax breaks that Obama claims he will give to the middle class will not be enough to compensate for the cost of higher inflation. It's just common sense.

Yes, you are correct. But, right now people are not thinking about Obama's plan they are just pissed off at Pres. Bush and the Republicans for all the extra government they forced down people's throats!

businesses are moving to other countries because they don't have to pay their employees as much, they don't have to provide health insurance, the regulations on safety and enviromental impacts are lax, and they can avoid US taxes as well as paying taxes in the other country. other countries tax the product not income.