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Re: Marist/McClatchy poll: Raise taxes on the rich, preserve social insurance program 

By: DGpeddler in RANT II | Recommend this post (2)
Wed, 20 Apr 11 6:38 PM | 45 view(s)
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Msg. 17021 of 20747
(This msg. is a reply to 17017 by micro)

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micro, I have seen it in the past. Many businesses earn 10% to 20% on their investment. When the profit after taxes fall to 6% to 8%, why bother? Most can invest that same money in bonds and get the same income without having to have all the headaches. What many people seem to not understand is that a 40% tax on profits does not leave the company with 60% return on investments.




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The above is a reply to the following message:
Re: Marist/McClatchy poll: Raise taxes on the rich, preserve social insurance program
By: micro
in RANT II
Wed, 20 Apr 11 6:19 PM
Msg. 17017 of 20747

DGP

You have cut to the very heart of it clearly.

The folks who actually employ others, including businesses of all sizes, are more than a little weary fighting battles daily trying to make a dollar and then have to pay out 50% of ANYTHING they made to the US government in income taxes. There are so many other taxes employers pay beyond that on a Fedeal and State and local level it is scary.

Actually it is a wonder that any business is still left here.

Question for CLo.

WHO will employ people when the government takes everything from the employers and the "rich" who do the employing and providing jobs to all the rest, finally say they have had enough and decide to close up shop and keep their money to themselves? They don't need to hire people and there is no incentive for them to do so. It costs them more to be in business than what they get out of it Clo and that is something the libs DO NOT WANT TO ACKNOWLEDGE in their FOOLISH arguments.

Take it from a BUSINESSMAN who has been an employer since the early 80's. That is an absolute FACT.

I do not need the headaches nor the hassles and burdens imposed on me by the liberal BALONEY. I will simply close the doors and my wife and I will live quite comfortably without the headaches or the employees and being hog tied by the liberals in Washington!


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