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Will you be one of the ones laid off when obummer raises taxes on small business?
12 Answers
- 8 years agoFavorite Answer
Government spends on goods and services to create our infrastructure. The accumulation of hundreds of years of spending are the roads and bridges, schools and clinics, parks and monuments, police and fire stations, courts and prisons, but especially the armed services that protect everything else. Spending is good!
We need trillions of dollars for infrastructure improvement. We need more spending, not less. Spending is good!
Government spends too much only when it buys scarce resources that could be better used by the private sector. Our scarcest resource is energy and the only way to increase it is by spending more money on insulation, wind, solar, geothermal, nuclear, coal, and oil energy sources. Spending is good!
Spending uses idle resources to create new resources. Why not use idle resources? Twenty-five million Americans are drawing benefits instead of creating wealth. Most government waste is due to the failure of government to spend money to convert idle resources into wealth. Spending is good!
What’s bad? Borrowing and paying interest to bond-holders is bad. Instead, print the money and use it to turn idle resources into infrastructure. Sure, there are pros and cons. Pro: Heaven on Earth. Con: inflation, if you print or borrow too much money. Since printing is cheaper than borrowing, print!
Government prints too much money only when its money can’t find idle resources. So, when idle resources become scarce and inflation begins, stop printing and raise interest rates! Is this the only thing preventing Heaven on Earth? Yes! It’s that easy. It’s like watering the lawn; when it’s wet enough, stop sprinkling!
- chrisholmLv 45 years ago
None. If we enable the con's have their way we are able to bypass precise returned off hill. additionally, maximum small company proprietors do no longer pay themselves an earnings. That way they do no longer could pay own earnings taxes. i understand. i'm a small company proprietor.
- You're Welcome!Lv 78 years ago
No but I work for myself and do 100% of my business with small businesses so I imagine that my services will be greatly reduced.
- EdwardLv 78 years ago
He put the small business I worked for out of business long ago.
Source(s): Mining sales an service. - ocularnervosaLv 78 years ago
You can thank the obstructionist Republicans who blocked every piece of legislation to avoid the tax increase. And you can thank bush for his deadline on his tax plan. In fact none of your complaints are directly the responsibility of Obama.
- 8 years ago
I work for a small business in Van Nuys, CA. I don't think OBAMA has a clue what this will do to my boss and owner. This sucks.
- Anonymous8 years ago
He's not raising taxes on small business.
- Anonymous8 years ago
Could be. One never knows?